203 - 251 LESTER STREET, Waterloo, Ontario
$509,000
- 5 Beds
- 2 Baths
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:23309)
- Listing ID: X13115662
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 203 - 251 LESTER STREET in Waterloo Ontario. It was last modified on May 12th, 2026. Contact Rosemarie Vella-Noor to schedule a viewing or to discover other Waterloo properties for sale.