1 of 27 - 261 Lester Street Unit# 301, Waterloo, Ontario
2 of 27 - 261 Lester Street Unit# 301, Waterloo, Ontario
3 of 27 - 261 Lester Street Unit# 301, Waterloo, Ontario
4 of 27 - 261 Lester Street Unit# 301, Waterloo, Ontario
5 of 27 - 261 Lester Street Unit# 301, Waterloo, Ontario
View Gallery Arrow right

261 Lester Street Unit# 301, Waterloo, Ontario

$560,000

Previous Next

5

Beds

2

Baths

1,349

Square feet

About 261 Lester Street Unit# 301

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:6289)

Features of 261 Lester Street Unit# 301

Listing # 40763189
Price $560,000
Bedrooms 5
Bathrooms 2.00
Square Footage 1,349
Acres 0.00
Type Single Family
Sub-Type Condominium

Community Information

Address 261 Lester Street Unit# 301
Subdivision 417 - Beechwood/University
City Waterloo
Province Ontario
Postal Code N2L3W6

Amenities

Amenities Place of Worship, Public Transit, Schools
Features Laundry- Coin operated
Parking None, Underground
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Refrigerator, Stove, Hood Fan
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Brick

Listing Details

OfficeROYAL LEPAGE SIGNATURE REALTY

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?

I agree to be contacted by [Business Name] via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy