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251 Lester Street Unit# 203, Waterloo, Ontario N2L 3W6

Listed for:
$529,000
5 beds
2 baths
Listed 22 days ago
Apartment for rent: 251 Lester Street Unit# 203, Waterloo, Ontario N2L 3W6

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Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
40783717
Agent:
Poonam Taggar
Phone:
(647) 668-2233
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Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

About

University ave W / Lester St LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. 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 $51,000/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. (id:27476)

Property Highlights

MLS® Number
40783717
Type
Single Family
Maintenance Fee
781.37
Ownership Type
Condominium
Land Size
Unknown

Building

Building Type
Apartment
Storeys
1.00
Square Footage
1389 sqft
Bathrooms Total
2
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Place of Worship, Public Transit
Exterior Finish
Other
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

4pc Bathroom
Main level
Measurements not available
4pc Bathroom
Main level
Measurements not available
Bedroom
Main level
13'6'' x 7'8''
Bedroom
Main level
11'8'' x 8'8''
Bedroom
Main level
8'8'' x 13'0''
Bedroom
Main level
12'3'' x 8'9''
Primary Bedroom
Main level
15'1'' x 7'9''
Foyer
Main level
11'3'' x 27'8''
Kitchen
Main level
11'3'' x 27'8''
Dining room
Main level
11'3'' x 27'8''
Living room
Main level
9'6'' x 9'3''

Location

Street Spotlight - For sale

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Cross Streets: University Ave/Lester St. ** Directions: University Ave & Lester St. Investment Opportunity With Positive Cashflow. Monthly Rental Income Of $4,500, Low Condo Fees. 5 Bedrooms With 2 Full Washrooms, Living, Dining & Kitchen. Fully Furnished. Steps To University Of Waterloo &
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University Ave W/Lester St Room #1 - Vacant, #2 - $825, ending Aug 26, 2025, #3 Vacant, #4 - $850, monthly, #5 - $825, 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
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University Ave W / Lester St Room #1 - $900, ending Aug 26, 2025, #2 - $900, ending Aug 26, 2025, #3 - $750, ending Aug 26, 2025, #4 - $900, ending Aug 26, 2025, #5 - $900, ending Aug 26, 2025. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built
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406 - 308 LESTER STREET, Waterloo
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University Ave W/Lester St 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
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University Ave W / Lester St Prime Turnkey Investment in Waterloo's University District! Exceptional opportunity to own a 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
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University Ave W / Lester St LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. Incredible turnkey investment in the heart of Waterloo's university district!
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2 baths
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University Ave W/Lester St 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
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Listing provided by: ROYAL LEPAGE SIGNATURE REALTY
Learn more about this property
Listing provided by:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
40783717
Agent:
Poonam Taggar
Phone:
(647) 668-2233
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).