28
261 Lester Street, #301
$560,000 Sale
Listed 17 hours ago
· 5
· 2
· 0
· 1200-1399
Listing History
Buy/Sell/Terminated/Expired listing history for 261 Lester Street, #301
Key Facts
Key facts for 261 Lester Street, #301
Property Type
Condo, Apartment
Parking
None 0 garage, 0 parking
MLS #
X12362585
Size
1200-1399 sqft
Basement
None
Listed on
2025-08-25
Lot size
-
Tax
$3,627 /yr
Days on Market
1
Approximate Age
16-30
Maintenance Fee
$922/mo Central Air Conditio...
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 Leste...r 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.
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Courtesy of: ROYAL LEPAGE SIGNATURE REALTY