251 LESTER ST #203, Waterloo, ON N2L3W6
251 LESTER ST #203, Waterloo, ON N2L3W6
251 LESTER ST #203, Waterloo, ON N2L3W6
41
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$529,000
Est. payment /mo
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5 Beds
2 Baths
1,389 SqFt
Active

251 LESTER ST #203 Waterloo, ON N2L3W6

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Scott Henderson

Scott Henderson

+1(519) 577-7588

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1389

Square Footage 1,389 sqft

Price per Sqft $380

Subdivision 417 - Beechwood/University

MLS® Listing ID 40783717

Bedrooms 5

Condo Fees $781/mo

Property Sub-Type Condo

Property Description

LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. 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 $51,000/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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level Measurements not available 4pc Bathroom

Extra Room 2 Main level Measurements not available 4pc Bathroom

Extra Room 3 Main level 13'6'' x 7'8'' Bedroom

Extra Room 4 Main level 11'8'' x 8'8'' Bedroom

Extra Room 5 Main level 8'8'' x 13'0'' Bedroom

Extra Room 6 Main level 12'3'' x 8'9'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by ROYAL LEPAGE SIGNATURE REALTY
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Scott Henderson

Scott Henderson

Agent

+1(519) 577-7588

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251 LESTER ST #203