251 Lester Street Unit# 506, Waterloo, Ontario N2L 3W6 (27773112)
$599,000Maintenance, Insurance, Heat, Water
$790.49 Monthly
Maintenance, Insurance, Heat, Water
$790.49 MonthlyRoom #1 - $750, ending Aug 26, 2025, #2 - $750, ending Aug 26, 2025, #3 - $750, ending Aug 26, 2025, #4 - Vacant, #5 - $750, ending Aug 26, 2025. 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:59911)
Property Details
| MLS® Number | 40688081 |
| Property Type | Single Family |
| Neigbourhood | Northdale |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Community Features | Quiet Area |
| Features | Balcony, Laundry- Coin Operated |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Refrigerator, Stove, Hood Fan |
| Basement Type | None |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,389 Ft2 |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Underground | |
| None |
Land
| Access Type | Road Access, Highway Nearby |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Gr |
Interested in 251 Lester Street Unit# 506, Waterloo, Ontario N2L 3W6?
Poonam Taggar
Salesperson
30 Eglinton Ave West Suite 7
Mississauga, Ontario L5R 3E7
(905) 568-2121
(905) 568-2588
www.royallepagesignature.com/