Multi-story residential building featuring a stone-clad base and stucco upper levels Features: apartment complex view

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Multi-story residential building featuring a light-colored stucco and stone-finish facade Features: apartment complex view

Multi-story building featuring a neutral-toned facade, multiple windows, and a ground-level covered parking area Features: city view, parking lot

Multi-story residential building featuring a light-toned facade, multiple balconies, and a stone-clad lower level Features: apartment complex view

Six-story building with a stone and stucco facade Features: apartment complex view

Multi-story building with stone and stucco exterior Features: apartment complex view

Entryway featuring square tile flooring, a built-in elevator with metal doors, and a stone-finish wall Features: smoke carbon monoxide detector

Hallway featuring two residential entry doors with contrasting wall textures Features: stucco siding, security camera

Hallway with light-colored block walls and a tiled floor Features: refrigerator, tile floor, textured ceiling, drywall, baseboards wall, sink, concrete block wall, vent

White tile flooring throughout with a white refrigerator and four beige doors Features: smoke carbon monoxide detector, electric panel, refrigerator

Expansive kitchen with full white appliance package, abundant upper and lower cabinetry, laminate countertops, and white square tile flooring Features: microwave, range hood, refrigerator, sink, white cabinets, dishwasher, electric panel, l shaped kitchen, countertops, range oven, raised cabinets

Kitchen featuring white cabinetry, white appliances, and a tiled floor Features: range hood, drywall, raised cabinets, microwave, dishwasher, countertops, refrigerator, white cabinets, range oven, l shaped kitchen, tile floor, sink

Kitchen featuring extensive white cabinetry, a built-in dishwasher, white range oven, and a double basin sink Features: tile floor, raised cabinets, refrigerator, sink, dishwasher, microwave, range hood, range oven, white cabinets, countertops, drywall

Kitchen area featuring white cabinetry, a built-in dishwasher, and a white refrigerator Features: countertops, sink, white cabinets, drywall, tile floor, raised cabinets, refrigerator, dishwasher, range oven, range hood

Open-concept room featuring square tile flooring throughout Features: smoke carbon monoxide detector, natural light, baseboards wall, textured ceiling, drywall, tile floor

Living area featuring square tile flooring, neutral wall tones, and a window with blinds Features: drywall, chest freezer, baseboards wall, natural light, smoke carbon monoxide detector, tile floor

Open-concept living area featuring a kitchen with white cabinetry and a white refrigerator, a tiled floor, and ceiling-mounted lighting Features: sink, refrigerator, textured ceiling, l shaped kitchen, tile floor, drywall

Bathroom vanity with an integrated sink and cabinet storage Features: mirror, half bathroom, toilet, sink, vanity, drywall

Bathroom featuring a white shower stall, a toilet, and a vanity with an integrated sink Features: drywall, tile floor, sink, baseboards wall, shower, full bathroom, mirror, vanity, toilet

Bathroom featuring a white vanity with integrated sink, chrome faucet, oval wall mirror, and a white toilet Features: full bathroom, drywall, toilet, vanity, mirror, tile floor, sink, combined bath shower

Bathroom featuring a white vanity with integrated sink, chrome faucet, and a circular wall mirror Features: half bathroom, sink, drywall, mirror, vanity, toilet

Image quality insufficient for description Features: drywall

Room featuring textured carpet flooring, a window with blinds, and a flush-mount ceiling light Features: textured ceiling, vent, drywall, natural light, baseboards wall, tray ceiling, carpet

Room with light-colored walls and patterned carpeting Features: vent, textured ceiling, baseboards wall, natural light, carpet, drywall

Bedroom featuring carpet flooring, an open closet with wire shelving, and a solid core entry door Features: baseboards wall, carpet, closet, drywall, textured ceiling

Bedroom featuring a window with blinds, carpet flooring, and neutral wall paint Features: carpet, textured ceiling, tv, natural light, office area, drywall, baseboards wall, vent

Entry door with a digital keypad lock and neutral-toned trim

Room featuring neutral wall tones and carpeted flooring Features: drywall, vent, tv, office area, carpet, textured ceiling, natural light

Image quality insufficient for description Features: drywall, textured ceiling, closet, baseboards wall, carpet

Entry door with light-colored paint finish, featuring a digital keypad lock and a prominent numeric identifier Features: drywall

Image quality insufficient for description Features: vent, baseboards wall, carpet, refrigerator, natural light, drywall, textured ceiling

Carpeted room featuring light-colored walls and a textured ceiling Features: drywall, textured ceiling, baseboards wall, carpet

Interior room featuring textured carpet flooring, a built-in closet with shelving and hanging rod, and a solid core entry door Features: drywall, carpet, vent, textured ceiling, refrigerator, natural light, baseboards wall, closet

Image quality insufficient for description Features: electric panel

Room featuring a window with blinds, light-colored walls, and a ceiling-mounted light fixture Features: vent, drywall, textured ceiling, natural light, office area, carpet

Carpeted room featuring a window with horizontal blinds, light-colored walls, and a recessed ceiling light Features: textured ceiling, vent, drywall, carpet, office area, baseboards wall, natural light

Bedroom with textured carpeting and neutral wall paint Features: drywall, textured ceiling, carpet, closet, baseboards wall

Entry door with a digital keypad lock and numerical identification

Bedroom featuring light-colored block walls and textured ceiling Features: concrete block wall, baseboards wall, drywall, office area, textured ceiling, carpet, vent

Interior room featuring patterned carpet flooring, a built-in closet with hanging rod, and light-toned painted walls Features: drywall, baseboards wall, textured ceiling, concrete block wall, closet, carpet

Compact room featuring a window with blinds, light-toned walls, and carpet flooring Features: vent, baseboards wall, drywall, office area, carpet, textured ceiling, concrete block wall

On-site laundry facility featuring multiple front-loading and top-loading washing machines and dryers Features: vent, washer hookup, fire alarm, laundry, separate washer dryer, smoke carbon monoxide detector

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For Sale - 251 Lester Street Unit# 401, Waterloo, Ontario

251 Lester Street Unit# 401

Waterloo , Ontario

5 2 $509,000

Est payment $2,444/mo

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Time on Jump 87 day

AI Summary *

Turnkey investment with potential for over $49,000/year in rental income.
Located steps from Wilfrid Laurier University and the University of Waterloo.
Spacious open-concept living area designed for comfortable living.
Condo fees cover heat and water, simplifying monthly expenses.
Offers parking, shared laundry, elevator access, and nearby amenities.

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Purchase Price

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Down Payment:
$ 25,450 ( 5% )

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New Build:
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Incredible turnkey investment in the heart of waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 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 facilities, elevator access, and proximity to transit, shops, and various amenities.

Listing IDX13170540

Address251 Lester Street Unit# 401

CityWaterloo, Ontario

Price$509,000

Bed / Bath5 / 2 Full

StyleApartment, Condo Apartment

ConstructionConcrete

TypeCondominium

StatusFor Sale

Extras

Subtype Condo ApartmentIndoor Features Ventilation System, Coin Operated, In BuildingBasement NoneHeating / Cooling Fan CoilHeating Fuel Gas

Market Info

Listing Agency:
ROYAL LEPAGE SIGNATURE REALTY

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Listing Agency:
ROYAL LEPAGE SIGNATURE REALTY

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For Sale - 251 Lester Street Unit# 401, Waterloo, Ontario

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Property Info

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Market Info

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