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$569,900
251 LESTER Street Unit# 206
Waterloo, Ontario, Ontario, N2L3W6
MLS® Number: 40752680
Property description
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.
Building information
Type
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Appliances
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Basement Type
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Sewer
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Size Total
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Rooms
Main level
Living room
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Dining room
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Kitchen
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Foyer
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Primary Bedroom
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Bedroom
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Bedroom
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Bedroom
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Bedroom
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4pc Bathroom
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4pc Bathroom
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Living room
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Dining room
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Kitchen
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Foyer
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Primary Bedroom
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Bedroom
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Bedroom
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Bedroom
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Bedroom
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4pc Bathroom
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4pc Bathroom
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Courtesy of ROYAL LEPAGE SIGNATURE REALTY
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