261 Lester Street

Waterloo, ON N2L 3W6 ( )

Quick Facts

Type: Condo Apartment

Style: Apartment

Size: Sq Ft

Age: 2025 Years

Maintenance: $ 941

Pets: Yes-with Restrictions

Taxes: $ 3,892 ( 2025)

Updated: 2025-11-02 07:51:27

Description

Turnkey Student Rental Investment Fully Furnished 5 Bed, 2 Bath at 261 Lester St. Prime opportunity to own in one of Waterloos most sought-after student rental buildings, just steps from the University of Waterloo. This spacious 5-bedroom, 2-bathroom unit is purpose-built for student living, offering a modern layout designed for comfort and convenience. Perfect for investors seeking a hands-off, income-generating property in a high-demand market. Currently leased to a group of A+ tenants (all female) on a secure 3-year lease term, this property provides immediate cash flow with excellent rental income. Professionally managed, the building is well-maintained and tailored to student needs, ensuring consistent demand year after year.

Extras

Condo Apartment

Property

Status: For Sale

MLS #: X12383368

Price: $ 549,000

Address: 261 Lester Street

Type: Condo Apartment

Style: Apartment

Size: Sq Ft

Age: 2025 Years

Taxes: $ 3,892

Tax Year: 2025

Maintenance: $ 941

Pets: Yes-with Restrictions

Neighbourhood:

Nearest Intersection: University/Lester

City: Waterloo

Postal Code: N2L 3W6

DOM: 10 Hours

Last Update: 2025-11-02 07:51:27

 

Building

Interior

Bedrooms: 5

Bathrooms: 2

Rooms: 8

Kitchens: 1

Balcony:

Exposure:

Ensuite Laundry: Coin Operated

Family Room:

Fireplace:

Basement: None,

Central Vacuum: 0

 

Exterior

Exterior: ,

Garage: None

Parking Spaces: 0.00

Locker: None

Amenities

 

Condo

Condo Corporation: WSCP

Corporation Number: 630

 

Utilities

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Condo Taxes Included:

Building Insurance Included:

Cable TV Included:

Central A/C Included:

Common Elements Included:

Heat Included:

Hydro Included:

Parking Included:

Water Included:

 

Features

 

Rooms