251 Lester Street Unit# 206

- $525,000

Waterloo, N2L3W6
MLS ® 40786801

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)

Location

Details

251 Lester Street Unit# 206, , Waterloo

  • Land

    Unknown

  • Bedrooms

    5 Bedroom(s)

    5
  • Bathrooms
    2
  • Parking

    None

    0

Rooms

251 Lester Street Unit# 206, , Waterloo

  • 4pc Bathroom

    main level

    Measurements not available
  • 4pc Bathroom

    main level

    Measurements not available
  • Bedroom

    main level

    13'6'' x 7'8''
  • Bedroom

    main level

    11'8'' x 8'8''
  • Bedroom

    main level

    8'8'' x 13'0''
  • Bedroom

    main level

    12'3'' x 8'9''
  • Primary Bedroom

    main level

    15'1'' x 7'9''
  • Foyer

    main level

    11'3'' x 27'8''
  • Kitchen

    main level

    11'3'' x 27'8''
  • Dining Room

    main level

    11'3'' x 27'8''
  • Living Room

    main level

    9'6'' x 9'3''