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Saad Saleem Tabani
Broker of Record & Home Developer

Meet Saad Saleem Tabani

With over a decade of experience in the Canadian housing market and leading many residential development projects. At Bridge we have honed our skills to provide you with a results-driven real estate experience. We build homes, help families Bridge into their next home and navigate complex real estate trends. Learn more

261 Lester Street Waterloo, Ontario N2L3W6

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5
Beds
2
Baths

Property Details

Basic Information
MLS® ID: 29284972
Status: Active
Bedrooms: 5
Bathrooms: 2
Location
Full Address: 261 Lester Street Waterloo, Ontario N2L3W6
City: Waterloo
Province/State: Ontario
Postal Code: N2L3W6
Country: Canada
Coordinates: 43.474265, -80.535451
Property Details
Property Type: condo-apartment
Utility Information

Financial Details

Detail Amount
List Price $519,000

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Waterloo Property 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. (id:58062)