ON > Waterloo
Waterloo, ON N2L3W6,261 Lester ST #301
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Waterloo, ON N2L3W6,261 Lester ST #301
Waterloo, ON N2L3W6,261 Lester ST #301
Waterloo, ON N2L3W6,261 Lester ST #301
Waterloo, ON N2L3W6,261 Lester ST #301
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Sunny Pamma

Sunny Pamma

Royal Lepage Wolstencroft Realty

+1(778) 899-7996
$ 560,000
Est. payment /mo
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261 Lester ST #301 Waterloo, ON N2L3W6

5 Beds

2 Baths

1,200 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium/Strata

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $466

MLS® Listing ID X12362585

Bedrooms 5

Condo Fees $922/mo

Property Sub-Type Condominium/Strata

Source Toronto Regional Real Estate Board

Property Description

Room #1 - $900, ending Aug 26, 2025, #2 - $900, ending Aug 26, 2025, #3 - $750,ending Aug 26, 2025, #4 - $900, ending Aug 26, 2025, #5 - $900, ending Aug 26, 2025.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 over $52,000/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. The seller will provide one year of professional property management or offer the cash value as part of the sale. Photos are virtually decluttered. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.11 m X 2.59 m Living room

Extra Room 2 Main level 5.11 m X 4.88 m Kitchen

Extra Room 3 Main level 3.99 m X 2.51 m Bedroom

Extra Room 4 Main level 3.99 m X 3.15 m Bedroom 2

Extra Room 5 Main level 3.86 m X 3.66 m Bedroom 3

Extra Room 6 Main level 4.06 m X 3.1 m Bedroom 4

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Pet Restrictions

View Y/N No

Private Pool No

Others

Ownership Condominium/Strata

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Listed by ROYAL LEPAGE SIGNATURE REALTY
agent

Sunny Pamma

Agent | License ID: FPAMMSU

+1(778) 899-7996

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261 Lester ST #301