Waterloo · Beechwood/University · Townhouse · MLS# 40783717
251 LESTER Street Unit# 203
5
bed
2
bath
1,389
sqft
Townhouse · $381/sqft
Ask an agent about this propertyListed October 27, 2025
About this home.
LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. 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 $51,000/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:59491)
The full record.
How this listing prices against Beechwood/University.
12
Sales
$565,500
Median price
29
Days on market
95.6%
% of list
105
Active listings
N/A
Months supply
Estimate the monthly carry.
Estimated monthly payment
$2,422
Estimate only. Excludes property tax, condo fees, and insurance.
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