$509,000
251 Lester Street 203, Waterloo, ON N2L 3W6
Waterloo · N2L 3W6
Key Facts
Tax
$4,356 (2025)
Type
Condo Apartment
Parking
None, 0 spaces
Basement
None
Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description
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.
Property
Inside
Utilities
Building
Parking
Land
Financial Details
Listing Information
Toronto Regional Real Estate Board (TREB) assumes no responsibility for the accuracy of any information shown. Copyright TREB 2026.
Stratus Data Systems, Inc. Copyright 2026, Stratus Data Systems, Inc.