ON > Waterloo > 417 - Beechwood-University
Waterloo, ON N2L3W6,261 LESTER ST #301
Waterloo, ON N2L3W6,261 LESTER ST #301
Waterloo, ON N2L3W6,261 LESTER ST #301
27
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$560,000
Est. payment /mo
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5 Beds
2 Baths
1,349 SqFt
New

261 LESTER ST #301 Waterloo, ON N2L3W6

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Mica Sadler

Mica Sadler

Sadler Real Estate Group

+1(519) 589-3521

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,349 sqft

Price per Sqft $415

Subdivision 417 - Beechwood/University

MLS® Listing ID 40763189

Bedrooms 5

Condo Fees $922/mo

Property Sub-Type Condominium

Source Cornerstone Association of Realtors

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 Measurements not available 4pc Bathroom

Extra Room 2 Main level Measurements not available 4pc Bathroom

Extra Room 3 Main level 13'9'' x 12'3'' Bedroom

Extra Room 4 Main level 13'4'' x 10'2'' Bedroom

Extra Room 5 Main level 12'8'' x 12'0'' Bedroom

Extra Room 6 Main level 13'1'' x 10'4'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by ROYAL LEPAGE SIGNATURE REALTY

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agent

Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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261 LESTER ST #301

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