$482,212
Listed today
605 - 1000 Lackner Place
Kitchener · 2 bd · 2 ba
CondoExplore Idlewood →
Listed by Eleven Eleven Real Estate Services Inc.
1 of 41
$509,000
203 - 251 Lester Street
Waterloo, N2L3W6
Listed by Royal LePage Signature Realty · MLS® X13115662
About this home
Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 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 facilities, elevator access, and proximity to transit, shops, and various amenities.
Details
- Taxes
- $4,356 (2025)
- Condo fee
- $781 monthly
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning, Ventilation system
- Exterior
- Brick
- Appliances
- Refrigerator, Dishwasher, Stove, Hood Fan
- Ownership
- Condo/Strata
Features: Pets Allowed With Restrictions, Storage - Locker
Rooms
| Level | Room | Size |
|---|---|---|
| Main level | Living room | |
| Main level | Dining room | |
| Main level | Kitchen |
Location
Explore MacGregor Albert
Get to know the streets, the schools, the parks and the kind of homes you will find in MacGregor Albert.
More like this
Similar homes nearby
$569,900
Listed yesterday
74A Church Street Unit 3
Stratford · 2 bd · 2 ba · 1,528 sq ft
CondoExplore Avon Ward →
Listed by RE/MAX Solid Gold Realty (II) Ltd.
$559,900
Listed yesterday
74A Church Street Unit 2
Stratford · 2 bd · 2 ba · 1,522 sq ft
CondoExplore Avon Ward →
Listed by RE/MAX Solid Gold Realty (II) Ltd.
$549,900
Listed yesterday
74A Church Street Unit 1
Stratford · 2 bd · 2 ba · 1,316 sq ft
CondoExplore Avon Ward →
Listed by RE/MAX Solid Gold Realty (II) Ltd.
$499,000
Listed 2 days ago
414 - 1291 Gordon Street
Guelph (Kortright West) · 3 bd · 3 ba
Listed by Cityview Realty Inc.
$489,900
Listed 3 days ago
111 - 332 Gosling Gardens
Guelph (Clairfields/Hanlon Business Park) · 2 bd · 1 ba
Listed by RE/MAX Escarpment Realty Inc.
Your Home Search Portal
See every listing and every sold price
This list is a good start. Your Home Search Portal shows every listing from every brokerage, plus sold prices, and emails you new matches as they are listed.
Concierge setup
Dave builds your search personally, no algorithms guessing what you meant.
Every listing, every brokerage
Your portal combines all available homes in our area, from any company and any REALTOR®.
Full property history and sold prices
See what homes actually sold for, the context that makes your offer smart.
Private, and ad free
Your contact info stays with us. No ads, no marketing lists, and your questions come straight to Dave.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided under the REALTOR.ca Data Distribution Facility and is subject to our listing data terms.