Condo / Apartment for Sale in Waterloo
251 Lester St #203, Waterloo, ON
- 5 BEDS
- 2 BATHS
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- Condo / Apartment for Sale in Waterloo
Key Facts
- MLS® #: X12485550
- Secondary MLS® #: 40783717
- Property ID: SIRC2922559
- Property Type: Residential, Condo
- Bedrooms: 5
- Bathrooms: 2
- Additional Rooms: Den
- Listed By:
- ROYAL LEPAGE SIGNATURE REALTY
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.
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Location
251 Lester St #203, Waterloo, Ontario, N2L 3W6 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0