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MLS® X13613582 · Listed by ROYAL LEPAGE SIGNATURE REALTY. Source: TRREB MLS®. THE AGENCY does not represent this listing.

$509,000

101 - 251 Lester Street, Waterloo

MLS® X13613582 · 96 days on market

Condo Apartment for sale · 5 bed · 2 bath

Signal

15/100

Soft demand, likely to sit

Likely sale price $486,890

About this property

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.

Property details

Sqft
1,200 to 1,399
Annual taxes
$400 (2025)
Condo / POTL fee
$802/mo
Basement
None
Style
Apartment