251 Lester Street 401, Waterloo — For Sale in Waterloo
5 bed · 2 bath · Condo Apartment for sale in Waterloo.
251 Lester Street 401, Waterloo, ON N2L 3W6
About This Property
Now for sale at 251 Lester Street 401 in Waterloo: a 5-bedroom, 2-bathroom condo apartment listed at $509,000.
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.
Property Specifications
| MLS® Number | X13170540 |
|---|---|
| Status | For Sale |
| List Price | $509,000 |
| Property Type | Residential Condo & Other |
| Sub Type | Condo Apartment |
| Transaction Type | For Sale |
| Bedrooms | 5 |
| Bathrooms | 2 |
| Address | 251 Lester Street 401, Waterloo, ON N2L 3W6 |
| City | Waterloo |
| Postal Code | N2L 3W6 |
Listing Contracted With: ROYAL LEPAGE SIGNATURE REALTY
