Waterloo · Beechwood/University · Townhouse · MLS# 40800630
261 LESTER Street Unit# 301
5
bed
2
bath
1,349
sqft
Townhouse · $385/sqft
Ask an agent about this propertyListed January 23, 2026
About this home.
Room #1 - $900, ending Aug 25, 2026, #2 - $750, ending Apr 30, 2026, #3 - $750, ending Aug 26, 2026, #4 - $750, ending Apr 30, 2026, #5 - $750, ending Apr 30, 2026. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 261 Lester St has the potential to generate close to $50,000/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, elevator access, and proximity to transit, shops, and amenities. Photos are virtually decluttered. (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
$2,377
Estimate only. Excludes property tax, condo fees, and insurance.
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