251 Lester Street 401 Waterloo, ON N2L 3W6
Listing Courtesy of: PropTX - IDX / Listed By: Royal Lepage Signature Realty

  251 Lester Street 401 Waterloo, ON N2L 3W6

Active
$509,000 (CAD)
5
BED
2
BATH
1200-1399
SQFT
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Description

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.

MLS®:
X13170540
Taxes
$4,370(2025)
Type
Condo
Style
Apartment
County
Waterloo Regional Municipality

Listed By

Royal Lepage Signature Realty
Source
PropTX - IDX
Last checked Aug 28 2026 at 5:38 PM EDT
Bathroom Details
Interior Features
  • Ventilation System
Heating and Cooling
  • Fan Coil
  • Central Air
Condo Information
  • Fees: $802
Exterior Features
  • Concrete
Utility Information
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Underground
Parking
  • None
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 10:38

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