206 - 251 Lester Street

206 - 251 Lester Street
206 - 251 Lester Street
206 - 251 Lester Street
+33
5
 bed
2
 bath
0
 parking
1200 - 1399
 sqft
Condo Apt
$509,000
For Sale
1 hour
 on site
$509,000
Click to open the pre-gallery to get the direction
Maintenance fees
$790.49
Locker
-
Exposure
E
Possession
Flexible
Price per sqft
$364 - $424
Taxes
$4,059 (2025)
Outdoor space
-
Age of building
-
See what's nearby
Description
Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 Lester St has the potential to generate 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, elevator access, and proximity to transit, shops, and amenities.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: X13424452
Property details
Neighbourhood:
Parking:
No
Parking type:
Underground
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1200-1399 sqft
Listed on:
Jun 10, 2026
Show all details
Rooms
NameSizeFeatures
Bedroom 4
11.7 x 8.7 ft
Primary Bedroom
15.1 x 7.7 ft
Dining Room
11.3 x 27.7 ft
Show all
Instant estimate:
orto view instant estimate
$18,214
lower than listed price
i
High
$517,851
Mid
$490,786
Low
$476,233
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Included in Maintenance Fees

Heat
Water
401 - 251 Lester Street
1/42
$509,000
15 days
401 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13170540
ROYAL LEPAGE SIGNATURE REALTY
15 days
203 - 251 Lester Street
1/41
$509,000
29 days
203 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $781
MLS#: X13115662
ROYAL LEPAGE SIGNATURE REALTY
29 days
203 - 253 Lester Street
1/42
$509,000
15 days
203 - 253 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13170624
ROYAL LEPAGE SIGNATURE REALTY
15 days
204 - 253 Lester Street
1/44
Featured
$549,990
204 - 253 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13126804
PROPERTY.CA INC.

About 206 - 251 Lester Street

Located at 206 - 251 Lester Street, this Waterloo condo is available for sale. 206 - 251 Lester Street has an asking price of $509000, and has been on the market since June 2026. This condo has 5 beds, 2 bathrooms and is 1200-1399 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

For those residents of 251 Lester St, Waterloo without a car, you can get around quite easily. The closest transit stop is a Bus Stop (University Ave. / Sunview) and is nearby connecting you to Waterloo's public transit service. It also has route Hazel, route Westmount, and more nearby.