301 - 261 LESTER STREET, Waterloo, Ontario, N2L3W6
Room #1 - $900, ending Aug 26, 2025, #2 - $900, ending Aug 26, 2025, #3 - $750,ending Aug 26, 2025, #4 - $900, ending Aug 26, 2025, #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:2471)
McConkey Real Estate Corp. Brokerage
- 705-931-0271
- 705-745-4321
- johnmcconkey11@gmail.com
- Property Address: 301 - 261 LESTER STREET, Waterloo, Ontario, N2L3W6
- Property Type: Single Family
- Title: Condominium/Strata
- Driveway: No Garage
- Maintenance Fee: 922.00
- Structure Style: Apartment
- Floor Space: 1200 - 1399 sqft
- Building Age: 16 to 30 years
- Bedrooms: 5
- Bathrooms: 2-Total
- Basement Type: None
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Appliances Included: Dishwasher, Hood Fan, Stove, Refrigerator
- Laundry- Coin operated
- Pets Allowed With Restrictions
| Type | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.11 m x 2.59 m |
| Kitchen | Main level | 5.11 m x 4.88 m |
| Bedroom | Main level | 3.99 m x 2.51 m |
| Bedroom 2 | Main level | 3.99 m x 3.15 m |
| Bedroom 3 | Main level | 3.86 m x 3.66 m |
| Bedroom 4 | Main level | 4.06 m x 3.1 m |
| Bedroom 5 | Main level | 4.19 m x 3.73 m |
Listing Offices: ROYAL LEPAGE SIGNATURE REALTY
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Prime Turnkey Investment in Waterloo's University District! Exceptional opportunity to...
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