206 – 251 LESTER STREET

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For Sale - $569,900.00

ID#: 28624426

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. Photos are virtually decluttered. (id:42870)

Property Details

Property Address: 206 - 251 LESTER STREET Waterloo, Ontario, N2L3W6

Property Type: Single Family

Area Toal: 1200 - 1399 sqft

Waterfront: No

Pool: No

Garage: No


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing