251 Lester Street 203, Waterloo, ON N2L 3W6
Waterloo
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 251 Lester Street 203, Waterloo, ON N2L 3W6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13115662
Listed by ROYAL LEPAGE SIGNATURE REALTY
On market since May 12, 2026
251 Lester Street 203, Waterloo, ON N2L 3W6 is listed for $509,000 CAD.
251 Lester Street 203, Waterloo, ON N2L 3W6 has 5 bedrooms and 2 bathrooms.
251 Lester Street 203, Waterloo, ON N2L 3W6 is a Condo Apartment.
251 Lester Street 203, Waterloo, ON N2L 3W6 is in Waterloo, Ontario.
251 Lester Street 203, Waterloo, ON N2L 3W6 is currently for sale.
Contact Avi Hayev at +16471112222 to arrange a private showing of 251 Lester Street 203, Waterloo, ON N2L 3W6 (MLS# X13115662). You can also send a message through the contact form on this site.
