251 Lester ST #203, Waterloo, ON N2L 3W6
251 Lester ST #203, Waterloo, ON N2L 3W6
251 Lester ST #203, Waterloo, ON N2L 3W6
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Paul Shantz

Paul Shantz

+1(519) 829-8656
$509,000
Est. payment /mo
5 Beds
2 Baths
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UPDATED:

Key Details

Property Type Apartment

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1200-1399

MLS Listing ID X13115662

Style Apartment

Bedrooms 5

Maintenance Fees $781

HOA Fees $781

Annual Tax Amount $4,356

Tax Year 2025

Property Sub-Type Condo Apartment

Property 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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features Ventilation System

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features None

Exposure East

Balcony None

Building

Story 2

Locker Ensuite+Common

Others

Pets Allowed Yes-with Restrictions

ParcelsYN No

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Listed by ROYAL LEPAGE SIGNATURE REALTY

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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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251 Lester ST #203

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