401 - 251 LESTER STREET, Waterloo
$509,000
For sale: Apartment
- Property type
- Condo Apartment
- Bedrooms / bathrooms
- 5 bedrooms, 2 bathrooms
- Living area
- 1,399 sqft
- MLS®
- MLS® X13170540
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 $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 facilities, elevator access, and proximity to transit, shops, and various amenities.
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