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Listed price in listed location currency (CAD).
$525,000

520

MLS® 40786801

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 1389 sqft
Garage No
Taxes $4,059
Days Active 26
Lot Size 
Approx. Age 
Avg. Price Per Sqft $377
MLS® Number 40786801

Property Address: 206-251 Lester St, Waterloo, ON, N2L3W6

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number40786801
Laundry LevelNone
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Dishwasher, Furniture, Range Hood, Refrigerator, Stove

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 8, 2025List Date
$525,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
251 Lester St, Waterloo, ON

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