401 - 251 Lester Street

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$509,000

401 - 251 Lester Street

Waterloo · MLS® X13170540

Condo · Single Family · 152 days on market

listed by SUMIT TAGGAR, ROYAL LEPAGE SIGNATURE REALTY

realtor's description

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.