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Key Facts
Key facts for 251 Lester Street #206
Property Type
Condo, Apartment
Parking
None 0 garage, 0 parking
MLS #
X12525442
Size
1200-1399 sqft
Basement
None
Listed on
2025-11-08
Lot size
-
Tax
$4,059 /yr
Days on Market
339
Approximate Age
-
Maintenance Fee
$790.49/mo
Central Air Conditio...
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.
