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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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251 Lester Street #101 Waterloo
For SaleWaterloo

251 Lester Street #101 Waterloo, Condo Apartment for Sale

MLS® X13613582

Waterloo, ON

102 days on market
$509,000
Show on Map
Show on Map
5Beds
2Baths
1,300Sqft
N/AParking
Pet Friendly
Condo Apartment

Overview· 251 Lester Street #101 Waterloo

MLS® #X13613582

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.

Inclusions

Fridge, Stove, Hood Fan, B/I Dishwasher, bedroom and living furniture as-is, where-is.

Broker

ROYAL LEPAGE SIGNATURE REALTY

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Walk Score®80Very WalkableVery Walkable
Transit Score®71Excellent TransitExcellent Transit
Bike Score®89Very BikeableVery Bikeable
Schools598 schools within 1.5 km · nearest 387 m8 schools within 1.5 km · nearest 387 m
Parks514 parks within 1 km · nearest 178 m4 parks within 1 km · nearest 178 m
Convenience8644 groceries, cafes and pharmacies within 1 km · nearest 212 m44 groceries, cafes and pharmacies within 1 km · nearest 212 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only
Pet Friendly100Pets are Welcome

Highlights & Amenities· 251 Lester Street #101 Waterloo

Source: MLS® listing data
251 Lester Street #101 Waterloo

Condo Apartment

251 Lester Street #101 Waterloo

Waterloo

Type

Condo Apartment

Basement

None

Parking

None (0)

Property Tax

~$400/yr

Heating

Forced Air

Laundry

Coin Operated, In Building

Buying Essentials

Maintenance Fee

$802/mo

Fee Includes

Heat · Building Insurance · Water

Square Feet

1300 sqft

Parking

None (0)

Locker

None

Finances

List Price

$509,000

Price per SQFT

$392/sqft

Property Tax

~$400/yr

Property Specs

Property Type

Condo Apartment

MLS Size

1300 sqft

Exposure

East

Outdoor Space

None

Basement

None

Living & Amenities

Laundry

Coin Operated, In Building

Heating Type

Forced Air

Features

Ventilation System

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Waterloo

Corp #

WSCC 641

Property Manager

Wilson Blanchard

Listed On

Jul 28, 2026

Price & Listing History

Days on Market

Current: 102 days

0306090120+

Rooms

Living Room(Main)

9.5 x 9.2

87 sqft

Dining Room(Main)

11.2 x 27.7

310 sqft

Kitchen(Main)

11.2 x 27.7

310 sqft

RoomsDimensionsFeaturesSqft
Living Room(Main)9.5 x 9.2—87
Dining Room(Main)11.2 x 27.7—310
Kitchen(Main)11.2 x 27.7—310

Rooms

3

Listed Room Area

707 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,047/mo
Property Tax$33/mo
Total Monthly$2,081

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0