Listed by Royal Lepage Signature Realty.

202-251 Lester Street is a Condo Apt, Apartment and is currently for Sale @ $525,000. Taxes in 2025 were $3,946.37.

More condos for sale under 500k in Waterloo

Prime Turnkey Investment in Waterloo's University District! Exceptional opportunity to own a include heat and water, while the building features shared laundry, elevator access, and include: entire unit recently painted, new toilets, new dishwasher, new security locks on all purpose-built 5-bedroom, 2-bathroom condo at 251 Lester Street, located just steps from Wilfrid Laurier University and the University of Waterloo. The Apartment on 202-251 Lester Street has 5 bedrooms, 2 bathrooms, and is located in the community of . Designed for strong rental performance, this unit has the potential to generate over $49,000 in annual gross income. The condo offers a bright, open-concept living space, two full bathrooms, and comes fully furnished, making it move-in ready for tenants. Investors will appreciate the professional property management in place, ensuring a seamless, hands-off ownership experience. Condo fees include heat and water, while the building features shared laundry, elevator access, and unbeatable proximity to transit, shopping, dining, and everyday amenities. Whether you're expanding your portfolio or entering the student rental market, this property delivers reliable returns in one of Waterloo's most sought-after locations. Upgrades to the unit include: entire unit recently painted, new toilets, new dishwasher, new security locks on all rooms, new laminate flooring, new student chairs (gaming style) and whiteboards in every room.

Fridge, Stove, Hood Fan, B/I Dishwasher, 5 Beds, 5 Desks, Couch, Kitchen Table, Chairs

The address 202-251 Lester Street was listed for sale (MLS# X12464450) on Wednesday, October 15, 2025.