MLS® X13115662 · Listed by ROYAL LEPAGE SIGNATURE REALTY. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$509,000
Condo Apartment for sale · 5 bed · 2 bath
Signal
23/100
Soft demand, likely to sit
Likely sale price $488,240
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.