Room #1 - , #2 - , ending , #3 - , #4 - , ending, #5 - , ending . 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. (id:2493)
Data was last updated October 29, 2025 at 01:45 PM (UTC)
Area Statistics
Listings on market:
75
Avg list price:
$359,000
Min list price:
$279,900
Max list price:
$1,850,000
Avg days on market:
55
Min days on market:
1
Max days on market:
222
Avg price per sq.ft.:
$606.42
These statistics are generated based on the current listing's property type
and located in
417 - Beechwood/University. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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