251 Lester St, Unit #203
Waterloo
$529,000
Buy with Dwelly and Save $5,290
Home Details
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Listing Description
Room #1 - , #2 - , ending , #3 - , #4 - , ending, #5 - , ending . 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.
Fridge, Stove, Hood Fan, Dishwasher
City: Waterloo
Property History
Rooms
Room dimensions for 251 Lester St, Unit #203, Waterloo
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 251 Lester St203 is 3752
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $529000 |
| Down Payment | $105800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $423200 |
Monthly Payment
| Mortgage Payment | $2608 |
| Property Taxes | $363 |
| Maintenance Fees | $781 |
| Monthly Payment | $3752 |
About 251 Lester St, Unit #203, Waterloo
Located at 251 Lester St Unit #203, this Waterloo condo is available for sale. This property was listed for $529,000 on Tue Oct 28 2025. This condo's size is 1200-1399 Sqft. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $781 per month and taxes are approximately $4,357 annually. Views are to the East from this property. Step outside onto the open balcony. The property includes the following rooms: Living, Dining, Kitchen. This property also comes with a locker. Heat is included with this property.
MLS#: X12485550 · $529,000 · 5 bedroom condo in Waterloo