5 Bedroom
2 Bathroom
1,200 - 1,399 ft2
Central Air Conditioning, Ventilation System
Forced Air
$529,000Maintenance, Heat, Common Area Maintenance, Insurance, Water
$781.37 Monthly
LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. 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 $51,000/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
|
X12485550 |
|
Property Type
|
Single Family |
|
Community Features
|
Pets Allowed With Restrictions |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Dishwasher, Hood Fan, Stove, Refrigerator |
|
Basement Type
|
None |
|
Cooling Type
|
Central Air Conditioning, Ventilation System |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,200 - 1,399 Ft2 |
|
Type
|
Apartment |
Parking
Land
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room |
2.89 m |
2.81 m |
2.89 m x 2.81 m |
|
Main Level |
Dining Room |
|
|
Measurements not available |
|
Main Level |
Kitchen |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/29039652/203-251-lester-street-waterloo