12
$525,000 Sale
Listed 14 hours ago
251 Lester Street, #202
· 5
· 2
· 0
· 1200-1399
Listing History
Buy/Sell/Terminated/Expired listing history for 251 Lester Street, #202
Key Facts
Key facts for 251 Lester Street, #202
Property Type
Condo, Apartment
Parking
0 garage, 0 parking
MLS #
X12464450
Size
1200-1399 sqft
Basement
None
Listed on
2025-10-15
Lot size
-
Tax
$3,946.37 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
$790.49/mo Central Air Conditio...
Description
Prime Turnkey Investment in Waterloo's University District! Exceptional opportunity to own a include heat and water, while the building features shared laundry, elevator access, and include: entire unit recently painted, new toilets, new dishwasher, new security locks on all purpose-built 5-bedroom,... 2-bathroom condo at 251 Lester Street, located just steps from Wilfrid Laurier University and the University of Waterloo. Designed for strong rental performance, this unit has the potential to generate over $49,000 in annual gross income. The condo offers a bright, open-concept living space, two full bathrooms, and comes fully furnished, making it move-in ready for tenants. Investors will appreciate the professional property management in place, ensuring a seamless, hands-off ownership experience. Condo fees include heat and water, while the building features shared laundry, elevator access, and unbeatable proximity to transit, shopping, dining, and everyday amenities. Whether you're expanding your portfolio or entering the student rental market, this property delivers reliable returns in one of Waterloo's most sought-after locations. Upgrades to the unit include: entire unit recently painted, new toilets, new dishwasher, new security locks on all rooms, new laminate flooring, new student chairs (gaming style) and whiteboards in every room.
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Courtesy of: ROYAL LEPAGE SIGNATURE REALTY