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$539,000
Available - For Sale
Listing ID: X12444925
Turnkey Investment Opportunity in Waterloo's University District! Discover this purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St, ideally located just steps from Wilfrid Laurier University and the University of Waterloo. With potential to generate over $49,000 in annual gross rental income and deliver positive monthly cash flow, this property is perfectly positioned for consistent returns. The unit features a spacious open-concept living area, two full bathrooms, and comes fully furnished for added convenience. Investors can take advantage of professional on-site property management for a truly hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and unbeatable proximity to transit, shops, and everyday amenities. Photos have been virtually decluttered. Unit 1: $900, ending Aug. 2027 Unit 2: $900, ending Aug. 2027, Unit 3: Vacant, Unit 4: $850, ending Sept 2026, Unit 5: $750, Month to Month. Detailed Proforma available upon request!
Price $539,000
Taxes: $3,932.04
Occupancy by: Tenant
Address: 251 Lester Stre , Waterloo, N2L 3W6, Waterloo
Postal Code: N2L 3W6
Province/State: Waterloo
Directions/Cross Streets: University Ave W/Lester St
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Total Area: 0
Maintenance: 790.49
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

251 Lester Stre , Waterloo, N2L 3W6, Waterloo


 
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Type: Com - Condo Apartment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Apartment
Lot Size: x 0.00()
Approximate Age:
Tax: $3,932.04
Maintenance Fee: $790.49
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
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