206 - 251 Lester Street

- $525,000

Waterloo, N2L3W6
MLS ® X12525442

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. 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 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, elevator access, and proximity to transit, shops, and amenities. (id:38551)

Features

  • Laundry- Coin Operated

Location

Details

206 - 251 Lester Street, , Waterloo

  • Land
  • Bedrooms

    5 Bedroom(s)

    5
  • Bathrooms
    2
  • Parking

    No Garage

    0

Rooms

206 - 251 Lester Street, , Waterloo

  • Living Room

    main level

    2.9 m x 2.82 m
  • Dining Room

    main level

    3.43 m x 8.43 m
  • Kitchen

    main level

    3.43 m x 8.43 m
  • Foyer

    main level

    3.43 m x 8.43 m
  • Primary Bedroom

    main level

    4.6 m x 2.36 m
  • Bedroom 2

    main level

    3.73 m x 2.67 m
  • Bedroom 3

    main level

    2.64 m x 3.96 m
  • Bedroom 4

    main level

    3.56 m x 2.64 m
  • Bedroom 5

    main level

    4.11 m x 2.34 m