16
$539,000 Sale
Listed 3 hours ago
251 Lester Street, #304
· 5
· 2
· 0
· 1200-1399
Key Facts
Key facts for 251 Lester Street, #304
Property Type
Condo, Apartment
Parking
None 0 garage, 0 parking
MLS #
X12444925
Size
1200-1399 sqft
Basement
None
Listed on
2025-10-03
Lot size
-
Tax
$3,932.04 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
$790.49/mo Central Air Conditio...
Description
Turnkey Investment Opportunity in Waterloo's University District! Discover this purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St, ideally located just steps from Wilfrid Laurier University and the University of Waterloo. With potential to generate over $49,000 in annual gross rental income... and deliver positive monthly cash flow, this property is perfectly positioned for consistent returns. The unit features a spacious open-concept living area, two full bathrooms, and comes fully furnished for added convenience. Investors can take advantage of professional on-site property management for a truly hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and unbeatable proximity to transit, shops, and everyday amenities. Photos have been virtually decluttered. Unit 1: $900, ending Aug. 2027 Unit 2: $900, ending Aug. 2027, Unit 3: Vacant, Unit 4: $850, ending Sept 2026, Unit 5: $750, Month to Month. Detailed Proforma available upon request!
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Courtesy of: ROYAL LEPAGE SIGNATURE REALTY