401 - 251 Lester Street Waterloo, Ontario N2L 3W6

5 Bedroom 2 Bathroom 1,200 - 1,399 ft2
Central Air Conditioning, Ventilation System Coil Fan

$509,000

Maintenance, Heat, Common Area Maintenance, Insurance, Water

$802 Monthly

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. (id:61594)

Property Details

MLS® Number X13170540
Property Type Single Family
Community Features Pets Allowed With Restrictions
Features Laundry- Coin Operated

Building

Bathroom Total 2
Bedrooms Above Ground 5
Bedrooms Total 5
Age 16 To 30 Years
Appliances Dishwasher, Hood Fan, Stove, Refrigerator
Basement Type None
Cooling Type Central Air Conditioning, Ventilation System
Exterior Finish Concrete
Heating Fuel Natural Gas
Heating Type Coil Fan
Size Interior 1,200 - 1,399 Ft2
Type Apartment

Parking

Underground
Garage

Land

Acreage No

https://www.realtor.ca/real-estate/29800934/401-251-lester-street-waterloo

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