261 Lester St Unit 101

Waterloo, ON N2L 3W6
  • $549,000

    Price
  • 5

    Bed
  • 2

    Bath
  • 1,200

    SqFt

About the Listing 495311 -

Turnkey Student Rental Investment Fully Furnished 5 Bed, 2 Bath at 261 Lester St. Prime opportunity to own in one of Waterloos most sought-after student rental buildings, just steps from the University of Waterloo. This spacious 5-bedroom, 2-bathroom unit is purpose-built for student living, offering a modern layout designed for comfort and convenience. Perfect for investors seeking a hands-off, income-generating property in a high-demand market. Currently leased to a group of A+ tenants (all female) on a secure 3-year lease term, this property provides immediate cash flow with excellent rental income. Professionally managed, the building is well-maintained and tailored to student needs, ensuring consistent demand year after year.

Listing Highlights for 261 Lester St Unit 101

Status Active
Days on Site 4
Property Type Condo/Townhome
MLS ® X12383368
Year Built
Total Square Footage 1,200
Lot/Acreage N/A
County Waterloo
HOA Dues 941.24

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $3,892
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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261 Lester St Unit 101 Waterloo, ON N2L 3W6

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