401 - 251 Lester Street, Waterloo, Ontario

$509,000

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5

Beds

2

Baths

About 401 - 251 Lester Street

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 $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 facilities, elevator access, and proximity to transit, shops, and various amenities. (id:36535)

Features of 401 - 251 Lester Street

Listing # X13170540
Price $509,000
Bedrooms 5
Bathrooms 2.00
Type Single Family
Sub-Type Condominium/Strata

Community Information

Address 401 - 251 Lester Street
City Waterloo
Province Ontario
Postal Code N2L3W6

Amenities

Features Laundry- Coin operated
Parking Garage, Underground
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Hood Fan, Stove, Refrigerator
Heating Natural gas Coil Fan
Cooling Central air conditioning, Ventilation system
Fireplace No
Has Basement No
Basement Type None

Exterior

Exterior Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE SIGNATURE REALTY

Listing Map