206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo
  • 206 - 251 LESTER STREET Waterloo

206 - 251 LESTER STREET, Waterloo, Ontario

$525,000

  • 5 Beds
  • 2 Baths
  • 1,300 Square Feet

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. (id:23309)

  • Listing ID: X12525442
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Main LevelLiving Room2.9 m x 2.82 m
Main LevelDining Room3.43 m x 8.43 m
Main LevelKitchen3.43 m x 8.43 m
Main LevelFoyer3.43 m x 8.43 m
Main LevelPrimary Bedroom4.6 m x 2.36 m
Main LevelBedroom 23.73 m x 2.67 m
Main LevelBedroom 32.64 m x 3.96 m
Main LevelBedroom 43.56 m x 2.64 m
Main LevelBedroom 54.11 m x 2.34 m

Details

  • Community Features: Pets Allowed With Restrictions
  • Features: Laundry- Coin operated
  • Maintenance Fee: 790.49
  • Maintenance Fee Type: Heat, Water, Common Area Maintenance, Insurance
  • Maintenance Fee Payment Unit: Monthly
  • Management Company: CIE Property Management
  • Ownership: Condominium/Strata
  • Transaction: For sale

Building

  • Appliances: Dishwasher, Hood Fan, Stove, Refrigerator
  • BasementType: None
  • Bedrooms Main Level: 5
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1200 - 1399 sqft
  • Type: Apartment

Land

    This property for sale is located at 206 - 251 LESTER STREET in Waterloo. It was last modified on November 10th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Waterloo properties for sale.

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