251 Lester Street Unit 401, Waterloo, ON N2L 3W6
- $509,000
- 5
- BD
- 2
- BA
- 1,200
- SqFt
- List Price
- $509,000
- MLS#
- X13170540
- Status
- ACTIVE
- Type
- Condo
- SubType
- Condo Apartment
- Style
- Apartment
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1200-1399
- Province
- ON
- Municipality
- Waterloo
- Area
- Waterloo
- Subdivision
- University Ave W / Lester St
Property Description
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.
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Additional Information
- Taxes
- $4,370
- Maintenance Fee
- 802
- Heat Type
- Fan Coil
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 1
- Exterior
- Concrete
- Garage Type
- Underground
- Parking Type
- None
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Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY.