• Mobile: 647-997-2120
  • Office: 905-764-7111
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$529,000
Available - For Sale
Listing ID: X12485550
251 Lester Stre , Waterloo, N2L 3W6, Waterloo


Room #1 - , #2 - , ending , #3 - , #4 - , ending, #5 - , ending . 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.
Price $529,000
Taxes: $4356.03
Assessment Year: 2025
Occupancy: Tenant
Address: 251 Lester Stre , Waterloo, N2L 3W6, Waterloo
Postal Code: N2L 3W6
Province/State: Waterloo
Directions/Cross Streets: University Ave W / Lester St
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 9.48 9.22
Room 2 Main Dining Ro
Room 3 Main Kitchen
Washroom Type No. of Pieces Level
Washroom Type 1 4 Flat
Washroom Type 2 3 Flat
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Washrooms: 2
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY
Personal Picture
Freda Ziba
Sales Representative
Dir:
647-997-2120
Bus:
905-764-7111
Fax:
905-764-1274
 
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At a Glance:
Type: Com - Condo Apartment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Apartment
Lot Size: x 0.00()
Approximate Age:
Tax: $4,356.03
Maintenance Fee: $781.37
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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