Oakwyn Realty Ltd.
203 - 251 LESTER STREET - Photo 1 of 41, Waterloo, Ontario
1 / 41
$509,000

203 - 251 LESTER STREET — Waterloo, Ontario

N2L3W6

5Beds
2Baths

About This Property

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:63357)

Property Location

Map

Property Details

Property Type
Condo
Bedrooms
5
Bathrooms
2
Status
Active

Location & Neighborhood

What's nearby 203 - 251 LESTER STREET

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

POI data updated 5/12/2026

Waterloo Market Snapshot

705

Active Listings

$581K

Median Price

—

Avg Days on Market

Last updated: May 12, 2026

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$509,000

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Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

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3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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