HomeListingsWaterlooX13470720

251 Lester Street Waterloo ON

📍 Waterloo, Ontario N2L 3W6

$498,999

Active
5BEDS
2BATHS
1KITCHENS

📋 Listing Highlights

StatusActive
MLS®X13470720
ListedJun 20, 2026
Days on Market
Property TypeResidential Condo & Other
StyleCondo Apartment
Cross StreetUniversity Ave W / Lester St
PossessionFlexible

📝 Listing Description

Incredible Turnkey Investment In The Heart Of Waterloo's University District! This Purpose-Built 5-Bedroom, 2-Bathroom Condo At 253 Lester St Has The Potential To Generate 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.

🏠 Property Details

Property TypeResidential Condo & Other
StyleCondo Apartment
Bedrooms5
Bathrooms2
Kitchens1

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementNone
GarageNone
ConstructionBrick

💰 Financial

List Price$498,999
Annual Taxes$4,059 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$99,800
Est. Monthly Payment
$2,451/mo
Principal: $399,199 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by ROYAL LEPAGE SIGNATURE REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13470720 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.