251 Lester Street Unit 206

For Sale 95 Days
$569,900
5 beds
2 baths
1,389 Sqft

251 Lester Street Unit 206

For Sale 95 Days
$569,900
5 beds
2 baths
1,389 Sqft

Highlights

Key insights

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 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, 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. (id:63267)

Poonam Taggar of ROYAL LEPAGE SIGNATURE REALTY,
#40752680
updated 2 months ago.
Houseful checked MLS® for data 2 months ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Municipal sewage system
Exterior
  • # total stories
    1
Interior
  • # full baths
    2
  • # total bathrooms
    2.0
  • # of above grade bedrooms
    5
Location
  • Subdivision
    417 - beechwood/university
Overview
  • Lot size (acres)
    0.0
  • Building size
    1389
  • Listing #
    40752680
  • Property sub type
    Single family residence
  • Status
    Active
Rooms Information metric
  • Bathroom (# of pieces - 4)
    Measurements not available
    Level: Main
  • Bedroom
    3.556m X 2.642m
    Level: Main
  • Bedroom
    2.642m X 3.962m
    Level: Main
  • Foyer
    3.429m X 8.433m
    Level: Main
  • Living room
    2.896m X 2.819m
    Level: Main
  • Kitchen
    3.429m X 8.433m
    Level: Main
  • Bathroom (# of pieces - 4)
    Measurements not available
    Level: Main
  • Bedroom
    3.734m X 2.667m
    Level: Main
  • Primary bedroom
    4.597m X 2.362m
    Level: Main
  • Bedroom
    4.115m X 2.337m
    Level: Main
  • Dining room
    3.429m X 8.433m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28623881/251-lester-street-unit-206-waterloo
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-730

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25 Years fixed, 20% down payment, % interest
$790 Maintenance
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