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203-251 Lester Street in Waterloo for sale

Asking price
$529,000
Estimate (Oct 28)
$512,430
MLS #:
X12485550
Type:
Condo Apt, Apartment
Approx. SQFT:
1200-1399
5 5

Listed by Royal Lepage Signature Realty.

203-251 Lester Street is a Condo Apt, Apartment and is currently for Sale @ $529,000. Taxes in 2025 were $4,356.03.

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Room #1 - , #2 - , ending , #3 - , #4 - , ending, #5 - , ending . The Apartment on 203-251 Lester Street has 5 bedrooms, 2 bathrooms, and is located in the community of . 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

The address 203-251 Lester Street was listed for sale (MLS# X12485550) on Monday, October 27, 2025.

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  • Date Listed: Monday, October 27, 2025
  • Listing Brokerage: Royal Lepage Signature Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Signature Realty and should be verified by the buyer.
  • City: Waterloo

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  • Major Intersection: University Ave W / Lester St
  • Full Address: 203-251 Lester Street, Waterloo, N2L 3W6, ON, Canada
  • Living Room:
  • Kitchen:
  • Amenities:
  • Maintenance Fee:$781.37/mth
  • Taxes: $4,356.03 (2025)
Living9 x 9 ft81 sq ft

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WHAT'S YOUR HOME WORTH?

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