NewFor Sale

Unit 203 - 251 Lester Street
Waterloo, Waterloo, ON, N2L 3W6

Condo Apartment
TRREB
MLS® Number: X13115662
Estimated Value
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$509,000List Price
5Bedrooms
2Bathrooms
0Garages
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Listing History

Buy/sell history for 251 Lester Street 203, Waterloo, ON N2L 3W6

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Current valuation for 251 Lester Street 203, Waterloo, ON N2L 3W6. Listed for $509,000 on 2026-11-02

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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.

Features

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Amenities

No amenities available

Summary

Tax:$4,356.03 / 2025
Listing #:X13115662
Property Type:Condo Apartment, Apartment
Maintenance:$781.37/month
Size:1200-1399 feet²
Exposure:East
Days on CPRB:
Garage:None
Locker:Ensuite+Common
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE SIGNATURE REALTY

Rooms

Details

Property

Property Type:Condo Apartment
Style:Apartment
Municipality:Waterloo

Building

Size:1200-1399 feet²
Construction:Brick

Inside

Bedrooms:5
Bedrooms Above Grade:5
Bathrooms:2
Bathrooms Detail:1, 4pc Flat floor
Bathrooms Detail:1, 3pc Flat floor
Kitchens:1
Family Room:No
Appliances Included:Ventilation System
Basement:None

Parking

Driveway:None
Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Central Air
Heating Type:Forced Air
Heating Fuel:Gas

Highlights

Pets Allowed:Yes-with Restrictions

Land

Cross Street:University Ave W / Lester St

$509,000

List price

Unit 203 - 251 Lester Street, Waterloo – Condo Apartment for sale