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$525,000
Available - For Sale
Listing ID: X12464450
Prime Turnkey Investment in Waterloo's University District! Exceptional opportunity to own a include heat and water, while the building features shared laundry, elevator access, and include: entire unit recently painted, new toilets, new dishwasher, new security locks on all purpose-built 5-bedroom, 2-bathroom condo at 251 Lester Street, located just steps from Wilfrid Laurier University and the University of Waterloo. Designed for strong rental performance, this unit has the potential to generate over $49,000 in annual gross income. The condo offers a bright, open-concept living space, two full bathrooms, and comes fully furnished, making it move-in ready for tenants. Investors will appreciate the professional property management in place, ensuring a seamless, hands-off ownership experience. Condo fees include heat and water, while the building features shared laundry, elevator access, and unbeatable proximity to transit, shopping, dining, and everyday amenities. Whether you're expanding your portfolio or entering the student rental market, this property delivers reliable returns in one of Waterloo's most sought-after locations. Upgrades to the unit include: entire unit recently painted, new toilets, new dishwasher, new security locks on all rooms, new laminate flooring, new student chairs (gaming style) and whiteboards in every room.
Price $525,000
Taxes: $3,946.37
Occupancy by: Tenant
Address: 251 Lester Street , Waterloo, N2L 3W6, Waterloo
Postal Code: N2L 3W6
Province/State: Waterloo
Directions/Cross Streets: University Ave W / Lester St
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Total Area: 0
Maintenance: 790.49
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

251 Lester Street , Waterloo, N2L 3W6, Waterloo


 
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Type: Com - Condo Apartment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Apartment
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Tax: $3,946.37
Maintenance Fee: $790.49
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
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