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$569,900
206 - 251 LESTER STREET
Waterloo, Ontario, Ontario, N2L3W6
MLS® Number: X12293570
Property 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. The seller will provide one year of professional property management or offer the cash value as part of the sale. Photos are virtually decluttered.
Building information
Type
*****
Appliances
*****
Cooling Type
*****
Exterior Finish
*****
Heating Fuel
*****
Heating Type
*****
Size Interior
*****
Land information
Rooms
Main level
Bedroom 5
*****
Bedroom 4
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Foyer
*****
Kitchen
*****
Dining room
*****
Living room
*****
Bedroom 5
*****
Bedroom 4
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Foyer
*****
Kitchen
*****
Dining room
*****
Living room
*****
Bedroom 5
*****
Bedroom 4
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Foyer
*****
Kitchen
*****
Dining room
*****
Living room
*****
Bedroom 5
*****
Bedroom 4
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Foyer
*****
Kitchen
*****
Dining room
*****
Living room
*****
Bedroom 5
*****
Bedroom 4
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Foyer
*****
Kitchen
*****
Dining room
*****
Living room
*****
Bedroom 5
*****
Bedroom 4
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Courtesy of ROYAL LEPAGE SIGNATURE REALTY
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