206 - 251 Lester Street, Waterloo

206 - 251 Lester Street
206 - 251 Lester Street
206 - 251 Lester Street
+33
5
 bed
2
 bath
0
 parking
1200 - 1399
 sqft
Condo Apt
$498,999
For Sale
20 days
 on site
$498,999
Click to open the pre-gallery to get the direction
Maintenance fees
$790.49
Locker
None
Exposure
E
Possession
Flexible
Price per sqft
$357 - $416
Taxes
$4,059 (2025)
Outdoor space
-
Age of building
-
See what's nearby
Description
Incredible Turnkey Investment In The Heart Of Waterloo's University District! This Purpose-Built 5-Bedroom, 2-Bathroom Condo At 253 Lester St Has The Potential To Generate 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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: X13470720
Property details
Neighbourhood:
Parking:
No
Parking type:
Underground
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1200-1399 sqft
Listed on:
Jun 20, 2026
Show all details
Rooms
NameSizeFeatures
Kitchen
11.3 x 27.7 ft
Primary Bedroom
15.1 x 7.7 ft
Bedroom 2
12.2 x 8.8 ft
Show all
Instant estimate:
orto view instant estimate
$30,569
lower than listed price
i
High
$494,262
Mid
$468,430
Low
$454,540
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Included in Maintenance Fees

Heat
Water
401 - 251 Lester Street
1/42
$509,000
46 days
401 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13170540
ROYAL LEPAGE SIGNATURE REALTY
46 days
203 - 251 Lester Street
1/41
$509,000
59 days
203 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $781
MLS#: X13115662
ROYAL LEPAGE SIGNATURE REALTY
59 days
1004 - 8 Hickory Street W
1/42
$499,000
33 days
1004 - 8 Hickory Street W
3BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $563
MLS#: X13411662
ENGEL & VOLKERS WATERLOO REGION
33 days
308 - 255 Keats Way
1/27
$469,000
130 days
308 - 255 Keats Way
2BD
2BA
1 Parking
1,200-1,399 sqft
Maint. Fee $783
MLS#: X12832678
BAY STREET GROUP INC.
130 days

About 206 - 251 Lester Street

Located at 206 - 251 Lester Street, this Waterloo condo is available for sale. It has been listed at $498999 since June 2026. This condo has 5 beds, 2 bathrooms and is 1200-1399 sqft. Situated in Waterloo's University neighbourhood, Sugarbush Park, Westmount, Dearborn and Lakeshore Village are nearby neighbourhoods.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

Transit riders take note, 251 Lester St, Waterloo is nearby to the closest public transit Bus Stop (University Ave. / Sunview) with route Hazel, route Westmount, and more.