$525,000

605 - 251 Lester Street, Waterloo, Ontario

5

Beds

2

Baths

1,200

Square feet

X12464454

MLS® Number

For Sale

Listing Type

$525,000 | Waterloo Apartment for Sale at 605 - 251 Lester Street Waterloo

Explore 605 - 251 Lester Street, a Desirable home for sale for $525,000! This Apartment for sale in Waterloo has been listed on Real-Estate.ca for 0 days under MLS® #X12464454. This home is a 1,200 square foot Condominium Apartment with 5 bedrooms and 2.00 bathrooms. Parking is No Garage. Explore the Waterloo real estate market and available homes for sale!

Prime Turnkey Investment in Waterloo's University District! Exceptional opportunity to own a purpose-built 5-bedroom, 2-bathroom condo at 251 Lester Street, located just steps from Wilfrid Laurier University and the University of Waterloo. Designed for strong rental performance, this unit has the potential to generate over $49,000 in annual gross income. The condo offers a bright, open-concept living space, two full bathrooms, and comes fully furnished, making it move-in ready for tenants. Investors will appreciate the professional property management in place, ensuring a seamless, hands-off ownership experience. Condo fees include heat and water, while the building features shared laundry, elevator access, and unbeatable proximity to transit, shopping, dining, and everyday amenities. Whether you're expanding your portfolio or entering the student rental market, this property delivers reliable returns in one of Waterloo's most sought-after locations. Upgrades to the unit include: entire unit recently painted, new toilets, new dishwasher, new security locks on all rooms, new laminate flooring, new student chairs (gaming style) and whiteboards in every room. (id:6289)

Financial and Mortgage

List Price $525,000
Original Price $525,000
Monthly Payment $2,189/month
Get Prequalified
Price per square foot $438

605 - 251 Lester Street Details

Show Less

Construction and Lot

Square Footage 1,200
Bedrooms 5
Bathrooms 2.00
Parking No Garage
Has Basement No
Cooling Central air conditioning
Heating Natural gas Forced air
Exterior Brick

Exterior of 605 - 251 Lester Street

Type Single Family
Sub-Type Condominium/Strata

Interior

Appliances Dishwasher, Hood Fan, Stove, Refrigerator
Fireplace No

Measurements

Square Footage 1,200

HOA and Condo Information

About in Waterloo

Address 605 - 251 Lester Street
City Waterloo
Province Ontario
Postal Code N2L3W6
Office/Brokerage ROYAL LEPAGE SIGNATURE REALTY

About Condo Complex

Amenities Pet Restrictions
Features Laundry- Coin operated
Fee $790
Fee Payment Schedule Monthly
Management Company Wolverine Property Management
Community Features Pet Restrictions

Map, Demographics, Characteristics

Book a Viewing of 605 - 251 Lester Street and other homes.

See 605 - 251 Lester Street and other homes for sale! Call 1 (866) 255-9555 to book a viewing of MLS® #X12464454 605 - 251 Lester Street in , Waterloo Ontario, or fill out the form below. Looking for more Condominium homes for sale in Waterloo? Our top Waterloo real estate specialists are ready to help you buy or sell in the area. Contact us today!

Request a Showing

Provide a valid email address.
When would you like to view this property?