304 - 251 Lester Street
History
MLS®# X12444925
| 2026.01.15 | Sold (-$41,500) | $497,500 |
| 2025.12.22 | Sold Cond. | $539,000 |
| 2025.10.03 | New | $539,000 |
Details
- MLS®#
- copy
- Type
- 公寓
- Style
- Condo Apartment
- Size (sqft)
- 1200-1399
- Exposure
- East
- Lot Size
- Contact Agent
- Parking
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0 Total Parking Spaces
0 None Garage
0 Parking Spaces
- Last Update
- 2026-01-19
- Possession Date
- Immediate
- Listing Date
- 2025-10-03
- Basement
- None
- Fireplace
- N
- Heating
- Gas
- Air Conditioning
- Central Air
- Locker
- None
- Water Included
- Y
- Pet
- Yes-with Restrictions
- Condo Corporation
- 641
- Management Company
- RentCorp Property Management
- Broker
- ROYAL LEPAGE SIGNATURE REALTY
About
Turnkey Investment Opportunity in Waterloo's University District! Discover this purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St, ideally located just steps from Wilfrid Laurier University and the University of Waterloo. With potential to generate over $49,000 in annual gross rental income and deliver positive monthly cash flow, this property is perfectly positioned for consistent returns. The unit features a spacious open-concept living area, two full bathrooms, and comes fully furnished for added convenience. Investors can take advantage of professional on-site property management for a truly hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and unbeatable proximity to transit, shops, and everyday amenities. Photos have been virtually decluttered. Unit 1: $900, ending Aug. 2027 Unit 2: $900, ending Aug. 2027, Unit 3: Vacant, Unit 4: $850, ending Sept 2026, Unit 5: $750, Month to Month. Detailed Proforma available upon request! Fridge, Stove, Hood Fan, B/I Dishwasher, 5 Beds, 5 Desks, Couch
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The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.
Investment Analysis
Schools
Elementary (JK-G8)
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Fraser Rank(2018) 1921 / 3052 English
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MacGregor Public School 795 mEnglish
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Fraser Rank(2018) 2211 / 3052 Catholic English
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ÉÉC Mère-Élisabeth-Bruyère 2.3 kmFraser Rank(2018) 993 / 3052 Catholic French
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Fraser Rank(2018) 1062 / 3052 Catholic English
Secondary (G9-G12)
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Fraser Rank(2023) 349 / 747 Secondary English AP
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Secondary
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Secondary
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Secondary
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Fraser Rank(2023) 86 / 747 Secondary Catholic English AP
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Fraser Rank(2023) 238 / 747 Secondary Catholic English AP
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Fraser Rank(2023) 367 / 747 Secondary Catholic English AP
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Wilfrid Laurier University - Martin Luther University College 587 m75 University Ave W, Waterloo, ON N2L 3C5(519)884-0710ext3234
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Wilfrid Laurier University - Main Campus 587 m75 University Ave W, Waterloo, ON N2L 3C5(519)884-1970
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University of Waterloo - Main Campus 915 m200 University Avenue West, Waterloo, ON, Canada N2L 3G1(519)888-4567
Neighbourhood
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T&T Supermarket 1.3 km50 Westmount Road, Waterloo, ON
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Costco Waterloo 5 km930 ERB ST WWATERLOO, ON N2J 3Z4
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