301 - 261 Lester Street
History
MLS®# X12725196
| 2026.01.23 | New | $519,000 |
Other Records
| 2025.08.25 - 2026.01.23 MLS®# X12362585 | Terminated | $560,000 |
| 2022.09.21 - 2022.12.22 MLS®# X5771349 | Expired | $629,000 |
| 2022.06.27 - 2022.09.21 MLS®# X5677805 | Terminated | $629,000 |
| 2022.05.17 - 2022.06.28 MLS®# X5621668 | Terminated | $635,000 |
Details
- MLS®#
- copy
- Type
- 公寓
- Style
- Condo Apartment
- Age
- 16-30
- 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
- 2026-04-06
- Possession Date
- TBD
- Listing Date
- 2026-01-23
- Basement
- None
- Fireplace
- N
- Heating
- Gas
- Air Conditioning
- Central Air
- Locker
- Ensuite+Common
- Water Included
- Y
- Pet
- Yes-with Restrictions
- Condo Corporation
- 630
- Management Company
- C.I.E Property Management
- Broker
- ROYAL LEPAGE SIGNATURE REALTY
- Room(s) Stories
- Length x Width ( Size )
- Descriptions
- Living Room Main
- 8.5ft x 13.5ft (114.6 ft2 ) 2.59m x 4.11m (10.6 m2 )
- Kitchen Main
- 16ft x 16.8ft (268.4 ft2 ) 4.88m x 5.11m (24.9 m2 )
- Bedroom Main
- 8.2ft x 13.1ft (107.8 ft2 ) 2.51m x 3.99m (10 m2 )
- Bedroom 2 Main
- 10.3ft x 13.1ft (135.3 ft2 ) 3.15m x 3.99m (12.6 m2 )
- Bedroom 3 Main
- 12ft x 12.7ft (152.1 ft2 ) 3.66m x 3.86m (14.1 m2 )
- Bedroom 4 Main
- 10.2ft x 13.3ft (135.5 ft2 ) 3.1m x 4.06m (12.6 m2 )
- Bedroom 5 Main
- 12.2ft x 13.7ft (168.2 ft2 ) 3.73m x 4.19m (15.6 m2 )
About
Room #1 - $900, ending Apr 30, 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. Fridge, Stove, Hood Fan, B/I Dishwasher
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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 884 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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St Mary's High School 8.1 kmFraser Rank(2023) 367 / 747 Secondary Catholic English AP
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Wilfrid Laurier University - Martin Luther University College 642 m75 University Ave W, Waterloo, ON N2L 3C5(519)884-0710ext3234
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Wilfrid Laurier University - Main Campus 642 m75 University Ave W, Waterloo, ON N2L 3C5(519)884-1970
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University of Waterloo - Main Campus 888 m200 University Avenue West, Waterloo, ON, Canada N2L 3G1(519)888-4567
Neighbourhood
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T&T Supermarket 1.4 km50 Westmount Road, Waterloo, ON
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