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251 Lester Street 206, Waterloo, ON N2L 3W6 | Condo Apartment for Sale in Waterloo | CondoPoint | CondoPoint

$509,000

Off-Market

251 Lester Street 206, Waterloo, ON N2L 3W6

5Bedrooms

2Bathrooms

0Parking

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityWaterloo

NeighbourhoodWaterloo

Days on Market10 Days

ExposureEast

Property 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 te...

Property Details

Construction MaterialsBrick

Approximate Age0

MLS StatusTerminated

MLS #X13424452

Annual Taxes$4,059

Maintenance Fees$790.49

Maintenance Fee IncludesHeat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included

Cross StreetsUniversity ave W / Lester St

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

Exterior Features

Architectural StyleCondo Apartment

Pets AllowedYes-with Restrictions

Exterior FeaturesBrick

Map

Rooms

Name	Size	Meter Features
Primary Bedroom	2.36 x 4.6 m
Dining Room	8.43 x 3.43 m
Bedroom 3	3.96 x 2.64 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,782 / month

Req. Household Income

$121,846/yr

Est. Upfront Cash

$30,055

Down Payment (5.1%)$25,900

5.1% ($25,900)50% ($254,500)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,654

Property Taxes

$338

Maintenance Fees

$790

Req. Household Income (32% GDS):$121,846/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.