$569,900
Available - For Sale
Listing ID: X12293570
251 Lester Stre , Waterloo, N2L 3W6, Waterloo
| 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. |
| Price | $569,900 |
| Taxes: | $4059.00 |
| Occupancy: | Tenant |
| Address: | 251 Lester Stre , Waterloo, N2L 3W6, Waterloo |
| Postal Code: | N2L 3W6 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | University ave W / Lester St |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 9.51 | 9.25 | |
| Room 2 | Main | Dining Ro | 11.25 | 27.65 | |
| Room 3 | Main | Kitchen | 11.25 | 27.65 | |
| Room 4 | Main | Foyer | 11.25 | 27.65 | |
| Room 5 | Main | Primary B | 15.09 | 7.74 | |
| Room 6 | Main | Bedroom 2 | 12.23 | 8.76 | |
| Room 7 | Main | Bedroom 3 | 8.66 | 12.99 | |
| Room 8 | Main | Bedroom 4 | 11.68 | 8.66 | |
| Room 9 | Main | Bedroom 5 | 13.48 | 7.68 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Washrooms: | 2 |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE SIGNATURE REALTY |
|
|
Ritu Anand
Broker
Dir:
647-287-4515
Bus:
905-454-1100
Fax:
905-277-0020
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Condo Apartment |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | Apartment |
| Tax: | $4,059 |
| Maintenance Fee: | $790.49 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
