| 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 | 
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. | 
| ROYAL LEPAGE SIGNATURE REALTY | 
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| Type: | Com - Condo Apartment | 
| Area: | Waterloo | 
| Municipality: | Waterloo | 
| Neighbourhood: | Dufferin Grove | 
| Style: | Apartment | 
| Tax: | $4,356.03 | 
| Maintenance Fee: | $781.37 | 
| Beds: | 5 | 
| Baths: | 2 | 
| Fireplace: | N |