Waterloo, ON N2L3W6,251 Lester ST #206
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Waterloo, ON N2L3W6,251 Lester ST #206
Waterloo, ON N2L3W6,251 Lester ST #206
Waterloo, ON N2L3W6,251 Lester ST #206
Waterloo, ON N2L3W6,251 Lester ST #206
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$ 525,000
Est. payment /mo
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251 Lester ST #206 Waterloo, ON N2L3W6

5 Beds

2 Baths

1,200 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $437

MLS® Listing ID X12525442

Bedrooms 5

Condo Fees $790/mo

Property Sub-Type Condo

Source Toronto Regional Real Estate Board

Property Description

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and proximity to transit, shops, and amenities. (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 2.9 m X 2.82 m Living room

Extra Room 2 Main level 3.43 m X 8.43 m Dining room

Extra Room 3 Main level 3.43 m X 8.43 m Kitchen

Extra Room 4 Main level 3.43 m X 8.43 m Foyer

Extra Room 5 Main level 4.6 m X 2.36 m Primary Bedroom

Extra Room 6 Main level 3.73 m X 2.67 m Bedroom 2

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Pets Allowed With Restrictions

View Y/N No

Private Pool No

Others

Ownership Condominium/Strata


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Listed by ROYAL LEPAGE SIGNATURE REALTY
Elizabeth Chi

Elizabeth Chi

+1(778) 715-9988

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251 Lester ST #206