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CAONWaterlooColumbia District301-261 Lester St
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301-261 Lester St, Waterloo, ON

Condo

For Sale

Listed price in listed location currency (CAD).
$519,000

520

MLS® X12725196

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Apartment/Condominium
Levels Residential
Size -
Garage No
Maintenance Fees $922
Taxes $3,892
Days Active 0
Approx. Age 
MLS® Number X12725196

Property Address: 301-261 Lester St, Waterloo, ON, N2L3W6

Average square foot calculated using Size range provided by listing agent.

Description

Room #1 - $900, ending Aug 25, 2026, #2 - $750, ending Apr 30, 2026, #3 - $750, ending Aug 26, 2026, #4 - $750, ending Apr 30, 2026, #5 - $750, ending Apr 30, 2026. 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 close to $50, 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.
MLS® NumberX12725196
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated, In Building
Exposure
Exterior
GarageNo
Approx. Age
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Kitchen:Main Floor16.02 × 16.77 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 23, 2026List Date
$519,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
261 Lester St, Waterloo, ON

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