251 Lester Street
Waterloo, Ontario N2L3W6
MLS # X13115662
Property Details
Type
Condo Apartment
Beds
5
Baths
2
Status
For Sale
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About this property
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.
Mortgage Estimate
Estimated monthly payment
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Estimate only. Taxes, insurance, condo fees, and lender terms are not included.
Monthly costs to verify
Property taxes: about $363/month based on listed annual taxes.
Condo / Maintenance Fee: $781.37/mo
Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 2.89 x 2.81 |
| Dining room | Main level | 0 x 0 |
| Kitchen | Main level | 0 x 0 |
Facts & Location
Annual Taxes
$4,356
Condo / Maintenance Fee
$781.37/mo
Listing data
Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.
Last refreshed: Aug 6, 2026 3:35 AM
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