For Sale - 251 Lester Street Unit# 206, Waterloo, Ontario

Est payment $2,521/mo
Views   1
Time on Jump  145 day
  • Turnkey investment property in the vibrant university district of Waterloo.
  • Five bedrooms and two bathrooms generate significant rental income potential.
  • Close to both Wilfrid Laurier University and the University of Waterloo.
  • Spacious open-concept living area with included furniture for convenience.
  • Building features amenities like parking, elevator access, and shared laundry.



Room #1 - $895, ending aug 28, 2028, #2 - $895, #3 - $895, #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.
Listing IDX12525442
Address251 Lester Street Unit# 206
CityWaterloo, Ontario
Price$525,000
Bed / Bath5 / 2 Full
StyleApartment, Condo Apartment
ConstructionBrick
TypeCondominium
StatusFor Sale
Subtype Condo ApartmentIndoor Features None, Coin Operated, In BuildingBasement NoneHeating / Cooling Forced AirHeating Fuel Gas
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Listing Agency:  ROYAL LEPAGE SIGNATURE REALTY

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251 Lester Street Unit# 206
Waterloo , Ontario
5 2 $525,000
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