101- 251 Lester Street

Waterloo, ONCondo Apartment
$509,000
MLS® X13613582
Condo Apartment5 beds2 baths0 total
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About This Property

Freshly Painted Entire Unit (Walls, Ceilings, Trim and Doors), All Six Brand NewRoller Blinds Installed & New Kitchen Countertop, & Professionally Cleaned.Exceptional investment opportunity in Waterloo's highly sought-after university area.This purpose-built condominium features 5 bedrooms and 2 full bathrooms, offering anattractive option for investors seeking strong rental income potential. Situatedwithin walking distance of both Wilfrid Laurier University and the University ofWaterloo, the property benefits from a location that consistently attracts studenttenants. The unit boasts a functional open-concept layout with a spacious livingarea, 5 well-proportioned bedrooms, and 2 full bathrooms. Included furnishingsprovide added convenience, while optional professional management services makeownership easy for investors looking for a low-maintenance rental property. Condofees cover heat and water, helping to simplify monthly expenses. Residents also enjoyaccess to building amenities such as parking, elevator service, and shared laundryfacilities. With nearby transit routes, shopping, dining, and everyday conveniences,this property offers both comfort and accessibility in one of Waterloo's strongestrental markets. (id:63604)

Key Facts

Type
Condo Apartment
Beds
5
Baths
2
Size
1,200 sqft
Parking
0 total
Condo fee
$802

Highlights

  • Refrigerator
  • Dishwasher
  • Stove
  • Hood Fan
  • Furniture
Property Details 12 details
Bedrooms
5 bedrooms
5 above grade
Bathrooms
2 bathrooms
Parking
0 parking spaces
No Garage
Living area
1,200 - 1,399 sq. ft.
Property
Single Family · Condo/Strata · Attached
Property subtype
Single Family
Structure type
Apartment
Ownership
Condo/Strata
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Central air conditioning, Ventilation system
Fireplace
No
Taxes
$400.00

Interior features

RefrigeratorDishwasherStoveHood FanFurniture

Exterior features

Brick

Systems and association

HeatWaterInsurance

Lot and water

Laundry- Coin operated
Rooms 3 rooms
Level
Room
Dimensions
Main level
Living room
2.89 m x 2.81 m
Main level
Dining room
3.42 m x 8.43 m
Main level
Kitchen
3.42 m x 8.43 m
Mortgage & Affordability Estimate monthly costs
Purchase price$509,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Waterloo
Postal code
N2L 3W6
Nearby
University ave W/Lester St