Waterloo, ON
203 - 251 LESTER STREET
$509,000
Listed by
ROYAL LEPAGE SIGNATURE REALTY
SUMIT TAGGAR, Salesperson
Data last updated Oct 21, 2026, 8:30 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $509,000
- Type
- Condo
- Bedrooms
- 5
- Bathrooms
- 2
- MLS®
- X13115662
- Status
- active
- Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
About this home
Description provided by the listing brokerage
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.