CAONWaterlooColumbia District301-261 Lester St
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301-261 Lester St, Waterloo, ON

House

For Sale

Listed price in listed location currency (CAD).
$519,000

520

MLS® 40800630

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Attached
Levels Residential
Size 1349 sqft
Garage 
Taxes $3,891
Days Active 58
Lot Size 
Approx. Age 
Avg. Price Per Sqft $384
MLS® Number 40800630

Property Address: 301-261 Lester St, Waterloo, ON, N2L3W6

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

Description

Room #1 - $900, ending Aug 25, 2026, #2 - $750, ending Apr 30, 2026, #3 - $750, ending Aug 26, 2026, #4 - $750, ending Apr 30, 2026, #5 - $750, ending Apr 30, 2026. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 261 Lester St has the potential to generate close to $50, 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. The seller will provide one year of professional property management or offer the cash value as part of the sale. Photos are virtually decluttered.
MLS® Number40800630
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementNone, Unfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Kitchen:Main FloorNot available

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
-End Date
Not Sold YetSold Price

For Sale

Feb 11, 2026List Date
$519,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
261 Lester St, Waterloo, ON

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