261 LESTER Street UnitNo. 301, Waterloo NEW LISTING [CONDO]

Brokered by: ROYAL LEPAGE SIGNATURE REALTY

MLS®: 40763189 (Condominium)

Price: $560,000.00

Address: 261 LESTER Street UnitNo. 301, Waterloo
FOR SALE
Subdivision: 417 - Beechwood/University
Postal Code: N2L3W6
Style: Attached
Type: Single Family Apartment
Maint/Condo. Fee: 922.00
Fee Includes: Monthly Insurance, Heat, Water
Bedrooms: 5
Bathrooms: 2
Bedrooms Aboveground:  5
Bedrooms Belowground:  0
Parking:  Underground
Garage: Underground
Lot Size:   x
Stories:  1


About 261 Lester Street Unitno. 301

Room No.1 - $900, ending Aug 26, 2025, No.2 - $900, ending Aug 26, 2025, No.3 - $750, ending Aug 26, 2025, No.4 - $900, ending Aug 26, 2025, No.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 Lester 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. (id:56071). Get more information on 261 Lester Street Unitno. 301

Property Features

Appliances:  Dishwasher, Refrigerator, Stove, Hood Fan
Features:  Laundry- Coin operated
Rental Equipment:  
Directions:  University Ave W / Lester St
Zoning Description:  GR
Interior Size:  1349 sqft
Lot:  Unknown
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age: 
Basement:  None

Rooms & Sizes

 4pc Bathroom Main level Measurements not available  4pc Bathroom Main level Measurements not available  Bedroom Main level 13 9 x 12 3
 Bedroom Main level 13 4 x 10 2  Bedroom Main level 12 8 x 12 0  Bedroom Main level 13 1 x 10 4
 Bedroom Main level 13 1 x 8 3  Kitchen Main level 16 9 x 16 0  Living room Main level 13 6 x 8 6

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.