$489,000

Limited TimeReceive $1,223 Upon Closing

251 Lester Street 206, Waterloo, ON N2L 3W6

For Sale19 days on marketMLS® X13861922
5Beds
2Baths
1200-1399Sq Ft
0Parking

About this home

Rare turnkey student asset generating $36,120/year gross in-place revenue ($3,010/month). Skip the leasing headache-Suite 206 at 251 Lester St is a purpose-built 5-bedroom, 2-bathroom residence featuring fully executed Ontario Standard Leases on long-term fixed horizons, backed by designated parental guarantors and managed turnkey by Property Management. Why gamble on unverified tenants when you can acquire secured c…

Property typeResidential Condo & Other · Condo Apartment
Taxes$4,059 / 2025
Heating / coolingForced Air · Central Air
PossessionTBD
Condo fee$790/mo

Rooms

Washrooms
4-piece washroomMain
4-piece washroomMain
Beds & kitchens
Bedrooms total5
Above grade5
Kitchens1

Property details

Structure
StyleApartment
Interior
Kitchens1
Bedrooms5 above grade
Systems
HeatingForced Air
CoolingCentral Air
Parking
Total parking0
Covered spaces0
Lot & land
Cross streetUniversity Ave W / Lester St

Location

Near University Ave W / Lester St.

Pin location is the exact address (municipal open data).

Listed by ROYAL LEPAGE SIGNATURE REALTY. Data last updated 2026-10-25, 6:00:02 a.m.. MLS®, REALTOR® and associated logos are trademarks of the Canadian Real Estate Association. Listing data is deemed reliable but not guaranteed accurate and is provided exclusively for consumers’ personal, non-commercial use. Measurements are approximate; buyer to verify.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.