$509,000
251 Lester Street 101, Waterloo, ON N2L 3W6
Waterloo · N2L 3W6
Listing brokerage: ROYAL LEPAGE SIGNATURE REALTY
- Beds
- 5
- Baths
- 2
- Sq ft
- 1200-1399
- Parking
- 0
About this home
Freshly Painted Entire Unit (Walls, Ceilings, Trim and Doors), All Six Brand NewRoller Blinds Installed & New Kitchen Countertop, & Professionally Cleaned.Exceptional investment opportunity in Waterloo's highly sought-after university area.This purpose-built condominium features 5 bedrooms and 2 full bathrooms, offering anattractive option for investors seeking strong rental income potential. Situatedwithin walking distance of both Wilfrid Laurier University and the University ofWaterloo, the property benefits from a location that consistently attracts studenttenants. The unit boasts a functional open-concept layout with a spacious livingarea, 5 well-proportioned bedrooms, and 2 full bathrooms. Included furnishingsprovide added convenience, while optional professional management services makeownership easy for investors looking for a low-maintenance rental property. Condofees cover heat and water, helping to simplify monthly expenses. Residents also enjoyaccess to building amenities such as parking, elevator service, and shared laundryfacilities. With nearby transit routes, shopping, dining, and everyday conveniences,this property offers both comfort and accessibility in one of Waterloo's strongestrental markets.
Details
Interior
- Bedrooms
- 5
- Bathrooms
- 2
- Washrooms
- 1 × 4-piece (Flat), 1 × 4-piece (Flat)
- Kitchens
- 1
- Rooms
- 8
- Size
- 1200-1399 sq ft
- Basement
- None
- Laundry
- Coin Operated, In Building
- Features
- Ventilation System
Building & Amenities
- Maintenance
- $802/mo
- Fees include
- Heat Included, Building Insurance Included, Water Included
- Pets
- Yes-with Restrictions
- Balcony
- None
- Locker
- None
- Floor
- 1
- Exposure
- East
- Property management
- Wilson Blanchard
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Parking
- Garage
- None
- Total spaces
- 0
- Covered spaces
- 0
- Features
- Underground
Exterior & Lot
- Style
- Apartment
- Exterior
- Brick
Taxes & Fees
- Property taxes
- $400 (2025)
- HST
- Included In
Listing
- MLS® number
- X13613582
- Type
- Condo Apartment
- Transaction
- For Sale
- Cross streets
- University ave W/Lester St
- Possession
- TBD
- Co-listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Living Room
Main
2.89 × 2.81 m
9′6″ × 9′3″
Dining Room
Main
3.42 × 8.43 m
11′3″ × 27′8″
Kitchen
Main
3.42 × 8.43 m
11′3″ × 27′8″
History
Past listings and sales for this home and building.
The building
251 Lester Street 101
Waterloo
Building details, fees and every home for sale or rent
Other homes in this building
3 for sale
Location
251 Lester Street 101, Waterloo, ON N2L 3W6 · Near University ave W/Lester St
Monthly cost
Estimated monthly cost
$3,089/mo
- Mortgage
- $2,254
- Property tax
- $33
- Maintenance
- $802
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.