Name: 251 Lester Street, #206, Waterloo | MLS® 40752680
SKU: 40752680
Price: 569900.0 CAD
Availability: InStock

$569,900 Sale

Listed 35 days ago

251 Lester Street, #206

MLS® 40752680 Condo/Apt Unit

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Beds · 5

Baths · 2

Parking · 0

Sqft · 1389

Est. mortgage

$2,162/mo

Maintenance Fee

$790.49/mo

Property Taxes

$4,059/yr

Key Facts

Key facts for 251 Lester Street, #206

Property Type

Other, 1 Storey/Apt

Parking

None 0 parking

MLS #

40752680

Size

1389 sqft

Basement

Listed on

2025-07-18

Lot size

Tax

$4,059 /yr

Days on Market

Year Built

Maintenance Fee

$790.49 /mo

Description

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 Lester St has the potent...ial 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, elevator access, and proximity to transit, shops, and amenities. The seller will provide one year of professional property management or offer the cash value as part of the sale., Directions:University Ave W/Lester St, Exclusions:

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Full Property Details

Interior

Bedrooms

Washrooms

Square Footage

1389 sqft

Heating

Forced Air,Natural Gas

Heating Source

Forced Air,Natural Gas

Heating Type

Forced Air,Natural Gas

Air Conditioning

Central Air

Kitchens

Fireplace

Full Bathrooms

Half Bathrooms

Three-quarter Bathrooms

Appliances

Dishwasher,Range Hood,Refrigerator,Stove

Bedrooms

Washrooms

Square Footage

1389 sqft

Heating

Forced Air,Natural Gas

Heating Source

Forced Air,Natural Gas

Heating Type

Forced Air,Natural Gas

Air Conditioning

Central Air

Kitchens

Fireplace

Full Bathrooms

Half Bathrooms

Three-quarter Bathrooms

Appliances

Dishwasher,Range Hood,Refrigerator,Stove

Exterior

Waterfront

Unspecified

Parking

None

Parking Spaces

Total Parking Spaces

0.00

Garage Spaces

Zoning

Waterfront

Unspecified

Parking

None

Parking Spaces

Total Parking Spaces

0.00

Garage Spaces

Zoning

Building Description

Style

1 Storey/Apt

Property Type

Condo/Apt Unit

Home Type

Other

Subtype

Condo/Apt Unit

Exposure

East

Exterior

Brick

Sewers

Sewer (Municipal)

Water Supply

Municipal

Roof Type

Other

New Construction

Architecture

1 Storey/Apt

Construction Materials

Brick

Common Interest

Condominium

Style

1 Storey/Apt

Property Type

Condo/Apt Unit

Home Type

Other

Subtype

Condo/Apt Unit

Exposure

East

Exterior

Brick

Sewers

Sewer (Municipal)

Water Supply

Municipal

Roof Type

Other

New Construction

Architecture

1 Storey/Apt

Construction Materials

Brick

Common Interest

Condominium

Community

417 - Beechwood/University

Community

417 - Beechwood/University

Taxes & Fees

Taxes

$4,059 /yr

Maintenance Fee

$790.49 /mo

Taxes

$4,059 /yr

Maintenance Fee

$790.49 /mo

Other

Directions

University Ave W/Lester St

Pets

Restricted

Directions

University Ave W/Lester St

Pets

Restricted

Mandy & Joe Kovacevic

Email: [email protected] Cell: 5197225340