Maintenance fees
$781.37
Locker
None
Exposure
E
Possession
Flexible
Price per sqft
$378 - $441
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®#: X12485550
Property details
Neighbourhood:
Parking:
No
Parking type:
None
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1200-1399 sqft
Listed on:
Oct 28, 2025
Show all details
Rooms
| Name | Size | Features |
|---|---|---|
Kitchen | 0.0 x 0.0 ft | |
Dining Room | 0.0 x 0.0 ft | |
Living Room | 9.5 x 9.2 ft |
Instant estimate:
orto view instant estimate
$15,392
higher than listed pricei
High
$574,413
Mid
$544,392
Low
$528,249
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Included in Maintenance Fees
Heat
Water







