332 days on market
 $584,999
For Sale

261 Lester St, Unit #504
Price Change

Waterloo

5 Bed|2 Bath|No|332 days on market

$599,999$584,999

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Home Details

Maintenance
$880.82 / month
Taxes
$286 / month
Total Parking Spots
0
Garage Spaces
0
Balcony
No
Furnished
No
Exposure
NE
Move-in Date
30/60/90/Flex
Locker
None
Hydro Included
No
Heat Included
Yes
Heating
Forced Air
Water Included
Yes
Kitchens
1
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick, Concrete
Property Type
Comm Element Condo
Style
Apartment
Status
Price change
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Listing Description

This spacious 5-bedroom, 2-washroom condo at 261 Lester Street, Waterloo, is an ideal choice for students, parents seeking accommodation for their children, or investors. Approximately 1350 sq. ft. - this unit offers a perfect blend of comfort and convenience. Three rooms are vacant and ready for immediate move-in, while two are currently leased, providing a great investment opportunity. The rooms generally rent upwards of $850 per month (more or less, depending on the time of the year). The living, dining, and kitchen areas are spacious and well-designed, featuring an L-shaped kitchen that offers plenty of counter space and functionality. This open-concept layout ensures a comfortable living experience, making it perfect for students who need ample space to study and relax. Located just few steps from the University of Waterloo and Wilfrid Laurier University. Close to public transit, shopping, dining, and parks, this condo offers unmatched convenience for students and investors alike. Fully Furnish with 1 Bed, Mattress, Chest Of Drawers, Study Table and Chair and an open Closet in each Room. A Must See For Your Long-Term Investment Portfolio!
Each Room Has Large Windows and digital DoorLock Systems. Five Minutes Walk To The University Of Waterloo And Wilfrid Laurier and Conestoga College. For Showing Pls see the Brokerage Remarks. For Entry in the building Use the Buzzer Code.

Property History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Nov 19, 202176$649,000$625,000SoldX5436931
Sep 10, 202141$3,250$3,250LeasedX5366500
Jun 28, 2021143$649,000N/ATerminatedX5289141
Dec 21, 2020176$599,900N/ATerminatedX5069142

Rooms

Room dimensions for 261 Lester St, Unit #504, Waterloo
Living
14 x 9126 sqft
Dining
17 x 13221 sqft
Kitchen
17 x 13221 sqft
Br
13 x 10130 sqft
2nd Br
13 x 9117 sqft
3rd Br
10 x 10100 sqft
4th Br
10 x 330 sqft
5th Br
15 x 8120 sqft
Bathroom
8 x 432 sqft
Bathroom
5 x 630 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 261 Lester St504 is 4125

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Down Payment

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Total Mortgage


Purchase Price$599999
Down Payment$120000
Mortgage Insurance$0
Total Mortgage$479999

Monthly Payment


Mortgage Payment$2958
Property Taxes$286
Maintenance Fees$881
Monthly Payment$4125
$4125
monthly

About 261 Lester St, Unit #504, Waterloo

Located at 261 Lester St Unit #504, this Waterloo condo is available for sale. This property was listed for $584,999 on Mon Oct 14 2024. This condo's size is 1200-1399 Sqft. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $881 per month and taxes are approximately $3,432 annually. Views are to the NorthEast from this property. Step outside onto the open balcony. The property includes the following rooms: Living, Dining, Kitchen, Br, 2nd Br, 3rd Br, 4th Br, 5th Br, Bathroom, Bathroom. This property also comes with a locker. Heat is included with this property.


MLS#: X9294546 · $584,999 · 5 bedroom condo in Waterloo