$ 525,000
206 - 251 Lester Street
University Supermarket Costco

206 - 251 Lester Street

公寓
Waterloo, Ontario N2L 3W6
5 2 1 1200-1399 sqft
5 2 1
1200-1399 sqft
$ 525,000
Sale
Taxes $4,059 2024
Maintenance $790 / mo
Estimated Monthly Mortgage $1362
Estimated Closing Costs $--
University Supermarket Costco

History

MLS®# X12525442

MLS®# X12525442

2026.01.26 Sold Cond. $525,000
2025.11.08 New $525,000

Other Records

2025.07.18 - 2025.11.08 MLS®# X12293570 Terminated $569,900
2025.06.18 - 2025.07.18 MLS®# X12228471 Terminated $569,900
2025.03.05 - 2025.06.17 MLS®# X12002293 Terminated $589,000
2024.11.03 - 2025.03.05 MLS®# X10405055 Terminated $609,000
2024.09.05 - 2024.11.03 MLS®# X9303781 Terminated $609,000
2024.04.22 - 2024.08.23 MLS®# X8260576 Expired $609,000

Details

Interior Rooms
MLS®#
copy
Type
公寓
Style
Condo Apartment
Size (sqft)
1200-1399
Exposure
East
Lot Size
Contact Agent
Parking
0 Total Parking Spaces
0 None Garage
0 Parking Spaces
Last Update
2026-02-12
Possession Date
Flexible
Listing Date
2025-11-08
Basement
None
Fireplace
N
Heating
Gas
Air Conditioning
Central Air
Locker
None
Water Included
Y
Pet
Yes-with Restrictions
Condo Corporation
641
Management Company
CIE Property Management
Broker
ROYAL LEPAGE SIGNATURE REALTY
Room(s) Stories
Length x Width ( Size )
Descriptions
Living Room Main
9.2ft x 9.5ft (88 ft2 ) 2.82m x 2.9m (8.2 m2 )
Dining Room Main
27.7ft x 11.3ft (311.2 ft2 ) 8.43m x 3.43m (28.9 m2 )
Kitchen Main
27.7ft x 11.3ft (311.2 ft2 ) 8.43m x 3.43m (28.9 m2 )
Foyer Main
27.7ft x 11.3ft (311.2 ft2 ) 8.43m x 3.43m (28.9 m2 )
Primary Bedroom Main
7.7ft x 15.1ft (116.9 ft2 ) 2.36m x 4.6m (10.9 m2 )
Bedroom 2 Main
8.8ft x 12.2ft (107.2 ft2 ) 2.67m x 3.73m (10 m2 )
Bedroom 3 Main
13ft x 8.7ft (112.5 ft2 ) 3.96m x 2.64m (10.5 m2 )
Bedroom 4 Main
8.7ft x 11.7ft (101.2 ft2 ) 2.64m x 3.56m (9.4 m2 )
Bedroom 5 Main
7.7ft x 13.5ft (103.5 ft2 ) 2.34m x 4.11m (9.6 m2 )

About

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 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, elevator access, and proximity to transit, shops, and amenities. Fridge, Stove, Hood Fan, B/I Dishwasher

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.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $4,059 2024 year

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 1921 / 3052 English
English
Fraser Rank(2018) 2211 / 3052 Catholic English
Fraser Rank(2018) 993 / 3052 Catholic French
Fraser Rank(2018) 1062 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 349 / 747 Secondary English AP
Fraser Rank(2023) 86 / 747 Secondary Catholic English AP
Fraser Rank(2023) 238 / 747 Secondary Catholic English AP
Fraser Rank(2023) 367 / 747 Secondary Catholic English AP
Wilfrid Laurier University - Martin Luther University College 587 m
75 University Ave W, Waterloo, ON N2L 3C5
(519)884-0710ext3234
Wilfrid Laurier University - Main Campus 587 m
75 University Ave W, Waterloo, ON N2L 3C5
(519)884-1970
University of Waterloo - Main Campus 915 m
200 University Avenue West, Waterloo, ON, Canada N2L 3G1
(519)888-4567

Neighbourhood

Groceries
T&T Supermarket 1.3 km
50 Westmount Road, Waterloo, ON
Costco Waterloo 5 km
930 ERB ST WWATERLOO, ON N2J 3Z4

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