$509,000
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401 251 Lester Street, Waterloo, ON N2L3W6

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5 Beds
2 Baths
- Sq Ft

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. (id:58753)

Listing By: SUMIT TAGGAR - ROYAL LEPAGE SIGNATURE REALTY cncrea2 Realty.com
  • MLS® X13170540
  • Date Listed05/25/2026
  • Days on Realty 10 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Hood Fan
  • Cooling Central air conditioning, Ventilation system
  • Heating Natural gas, Coil Fan

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Laundry- Coin operated

Directions

University Ave W / Lester St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L3W6

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L3W6

Source: Walk Score

57/100

Somewhat Walkable

Walk Score ®

70/100

Excellent Transit

Transit Score ®

94/100

Biker's Paradise

Bike Score ®

Overview

Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

18 nearby routes: 17 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 42/100, Bike Score: 62/100.

Points of Interest near 401 251 LESTER STREET, Waterloo, ON N2L3W6

Frequently Asked Questions for 401 251 LESTER STREET

Source: Realty.com

401 251 LESTER STREET, Waterloo, ON N2L3W6 in Waterloo, ON N2L3W6 is a apartment listed at $509,000. Highlights include 5 bedrooms, 2 bathrooms, HOA fee $802 Monthly. Realty.ca has 42 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 42 photos of 401 251 LESTER STREET.

The full address for this home is 401 251 LESTER STREET, Waterloo, ON N2L3W6.

401 251 LESTER STREET has been listed on Realty.com since Mon May 25, 2026

Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 42/100, Bike Score: 62/100.

Listing provided courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing agent: SUMIT TAGGAR

This content last refreshed on 2026-06-04 18:21:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.