Maintenance fees
$781.37
Locker
-
Exposure
-
Possession
-
Price per sqft
$381
Taxes
$4,356.03 (2025)
Outdoor space
-
Age of building
-
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Description
Room #1 - , #2 - , ending , #3 - , #4 - , ending, #5 - , ending . 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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: 40783717
Property details
Neighbourhood:
Parking:
-
Parking type:
-
Property type:
Condo Apt
Heating type:
Forced Air
Style:
1 Storey/Apt
Ensuite laundry:
-
MLS Size:
1389 sqft
Listed on:
Oct 27, 2025
Show all details
Rooms
| Name | Size | Features |
|---|---|---|
Kitchen | 3.43 x 8.43 ft | |
Foyer | 3.43 x 8.43 ft | |
Living Room | 2.90 x 2.82 ft |
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Elevator
Included in Maintenance Fees
Heat
Water
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