251 Lester Street 203, Waterloo, ON N2L 3W6

Waterloo, ON

Waterloo, ON

$509,000
5 bed 2 bath 1200-1399 sqft
Selling
Added 3 weeks ago
1 View
Overview
Bedrooms: 5
Bathrooms: 2
Floors: 2
Square: 1200-1399 sqft
MLS Number: X13115662
Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Co-Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Listed On: May 12, 2026 (178 days ago)
Last Updated: May 12, 2026 (178 days ago)

251 Lester Street 203, Waterloo, ON N2L 3W6 - About this home

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.
This Condo Apartment located at 251 Lester Street 203, Waterloo, ON N2L 3W6 is currently for sale and has been available at Kash Invest for 178 days. This property, in the city of Waterloo and local neighborhood, is listed at $509,000 with an estimated mortgage of $2,380* per month. It has an area of 1200-1399 sqft with 5 beds and 2 BR. Waterfront Communities C1, Weston and Bradford are nearby neighbourhoods.

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Amenities and features
  • Ventilation System
Facts and Features
Property
Status: Active
Property Type: Residential Condo & Other
Property Sub Type: Condo Apartment
Transaction Type: For Sale
Style: Apartment
Assesment Year: 2025
Area: Waterloo
Occupant Type: Tenant
Possession Type: Flexible
Cross Street: University Ave W / Lester St
Listed On: 2026-05-12
Last Modified: 2026-05-12
MLS Number: X13115662
Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Co-Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Inside
Air Conditioning: Central Air
Bedrooms: 5
Total Bathrooms: 2
Heating: Forced Air / Gas
Interior Features: Ventilation System
Laundry Features: In Building
Building
Kitchens Total: 1
Construction: Brick
Living Area Range: 1200-1399
HST Application: Included In
Parking
Parking Spaces (Driveway): 0
Parking Total: 0
Covered Spaces: 0
Financial
Tax Annual Amount: 4356.03
Tax Year: 2025
Association Fee: 781.37
Land
Directions: University Ave W / Lester St
Parcel Number: 236410060
Roll Number: 301604280005405
Cross Street: University Ave W / Lester St
Commercial General
Contract Status: Available
Property Mgmt Company: WILSON BLANCHARD
List AOR: Toronto Regional Real Estate Board
Showing Requirements: Lockbox
Rooms
Room Level Dimensions
Living Room Main 2.81 x 2.89
Dining Room Main
Kitchen Main
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FAQs About 251 Lester Street 203, Waterloo, ON N2L 3W6, Waterloo


251 Lester Street 203, Waterloo, ON N2L 3W6 is a residential condo & other, condo apartment development located at 251 Lester Street 203, Waterloo, ON N2L 3W6.

251 Lester Street 203, Waterloo, ON N2L 3W6 will feature 2 storeys offering a variety of living spaces.

251 Lester Street 203, Waterloo, ON N2L 3W6 offers a wide array of amenities including Ventilation System.

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