Waterloo, ON N2L3W6,251 LESTER ST #206
Waterloo, ON N2L3W6,251 LESTER ST #206
Waterloo, ON N2L3W6,251 LESTER ST #206
Waterloo, ON N2L3W6,251 LESTER ST #206
Waterloo, ON N2L3W6,251 LESTER ST #206
Waterloo, ON N2L3W6,251 LESTER ST #206
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$ 569,900
Est. payment | /mo

5 Beds

2 Baths

1,389 SqFt


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$ 569,900
Est. payment | /mo
Save

5 Beds

2 Baths

1,389 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,389 sqft

Price per Sqft $410

Subdivision 417 - Beechwood/University

MLS® Listing ID 40752680

Bedrooms 5

Condo Fees $790/mo

Property Sub-Type Condominium

Source Cornerstone - Mississauga

Property Description

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. The seller will provide one year of professional property management or offer the cash value as part of the sale. (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Main level Measurements not available 4pc Bathroom

Extra Room 2 Main level Measurements not available 4pc Bathroom

Extra Room 3 Main level 13'6'' x 7'8'' Bedroom

Extra Room 4 Main level 11'8'' x 8'8'' Bedroom

Extra Room 5 Main level 8'8'' x 13'0'' Bedroom

Extra Room 6 Main level 12'3'' x 8'9'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by ROYAL LEPAGE SIGNATURE REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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harmanpowarcentury21@gmail.com

3009 23 St NE, Calgary, AB, CAN

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251 LESTER ST #206