Scout N Secure

$509,000

Map

251 Lester Street #101

Waterloo, Ontario N2L3W6

For sale· Added

5 bed2 bath1,200–1,399 sqft

About this home

Freshly Painted Entire Unit (Walls, Ceilings, Trim and Doors), All Six Brand NewRoller Blinds Installed & New Kitchen Countertop, & Professionally Cleaned.Exceptional investment opportunity in Waterloo's highly sought-after university area.This purpose-built condominium features 5 bedrooms and 2 full bathrooms, offering anattractive option for investors seeking strong rental income potential. Situatedwithin walking distance of both Wilfrid Laurier University and the University ofWaterloo, the property benefits from a location that consistently attracts studenttenants. The unit boasts a functional open-concept layout with a spacious livingarea, 5 well-proportioned bedrooms, and 2 full bathrooms. Included furnishingsprovide added convenience, while optional professional management services makeownership easy for investors looking for a low-maintenance rental property. Condofees cover heat and water, helping to simplify monthly expenses. Residents also enjoyaccess to building amenities such as parking, elevator service, and shared laundryfacilities. With nearby transit routes, shopping, dining, and everyday conveniences,this property offers both comfort and accessibility in one of Waterloo's strongestrental markets.

Location

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Property details

Listing

MLS® number
X13613582
Added
Jul 28, 2026 ()
Updated
Jul 28, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Apartment
Ownership
Condo

Inside

Bedrooms
5
Bathrooms
2
Heating
Forced air, Natural gas
Cooling
Central air conditioning, Ventilation system
Fireplace
No
Appliances
Refrigerator, Dishwasher, Stove, Hood Fan, Furniture
Features
Laundry- Coin operated

Building

Basement
None
Exterior
Brick
Parking
No Garage
Management
Wilson Blanchard

Location

Cross streets
University ave W/Lester St
Nearby
Pets Allowed With Restrictions

Running costs

Annual property tax
$400
Condo fee
$802 Monthly
Includes Heat, Water, Insurance

Rooms

Living roomMain level2.89 x 2.81 m
Dining roomMain level3.42 x 8.43 m
KitchenMain level3.42 x 8.43 m

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$509,000
251 Lester Street
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