202 - 251 Lester Street Waterloo, Ontario N2L 3W6
$525,000Maintenance, Heat, Common Area Maintenance, Insurance, Water
$790.49 Monthly
Maintenance, Heat, Common Area Maintenance, Insurance, Water
$790.49 MonthlyPrime Turnkey Investment in Waterloo's University District! Exceptional opportunity to own a include heat and water, while the building features shared laundry, elevator access, and include: entire unit recently painted, new toilets, new dishwasher, new security locks on all purpose-built 5-bedroom, 2-bathroom condo at 251 Lester Street, located just steps from Wilfrid Laurier University and the University of Waterloo. Designed for strong rental performance, this unit has the potential to generate over $49,000 in annual gross income. The condo offers a bright, open-concept living space, two full bathrooms, and comes fully furnished, making it move-in ready for tenants. Investors will appreciate the professional property management in place, ensuring a seamless, hands-off ownership experience. Condo fees include heat and water, while the building features shared laundry, elevator access, and unbeatable proximity to transit, shopping, dining, and everyday amenities. Whether you're expanding your portfolio or entering the student rental market, this property delivers reliable returns in one of Waterloo's most sought-after locations. Upgrades to the unit include: entire unit recently painted, new toilets, new dishwasher, new security locks on all rooms, new laminate flooring, new student chairs (gaming style) and whiteboards in every room. (id:24801)
Property Details
| MLS® Number | X12464450 |
| Property Type | Single Family |
| Community Features | Pets Allowed With Restrictions |
| Features | Laundry- Coin Operated |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Hood Fan, Stove, Refrigerator |
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 - 1,399 Ft2 |
| Type | Apartment |
Parking
| No Garage |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/28994620/202-251-lester-street-waterloo
Contact Us
Contact us for more information
Mark Sandell
Salesperson
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5
(416) 443-0300
(416) 443-8619
Simeon Papailias
Salesperson
(416) 443-0300
www.reccanada.com/
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5
(416) 443-0300
(416) 443-8619
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 23 2025 04:41:16
Toronto Regional Real Estate Board
Royal LePage Signature Realty