Living (2.81 × 2.89)
Level: Main
101-251 Lester St
Waterloo, Ontario N2L 3W6
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13613582
- Board
- TRREB MLS®
- Days on market
- Tax
- $400
- Size
- 1200-1399 sqft
- Parking
- None, 0 Parking
Listing History
Buy/Sell history for 101-251 Lester St, Waterloo, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $509,000 | N/A | For Sale | X13613582 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Municipality
- Waterloo
Inside
- Bedrooms
- 5
- Bathrooms
- 2
- Bathroom Detail
- 1, 4pc, Flat
- Bathroom Detail
- 1, 4pc, Flat
- Basement Type
- None
- Kitchens
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 0
- Total Parking
- 0
Additional
- Fireplace
- N
- Den
- N
- Family room
- N
- Extras
- Fridge, Stove, Hood Fan, B/I Dishwasher, bedroom and living furniture as-is, where-is.
- Condo maint.
- $802
Rooms (3)
Dining (8.43 × 3.42)
Level: Main
Kitchen (8.43 × 3.42)
Level: Main
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
13 records read 6 on record nearby 7 checked, none on recordRead 2026-10-27
Water and conservation
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m10 test or monitoring holes also recorded.
- Groundwater recorded about 4 m below ground nearbyThe middle water level in the well records within 500 m (68 records). It changes with the season and from spot to spot.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
Province of Ontario open data
Around the home
- Nearest rail line: 380 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is E Craftsmen Corporation — E CRAFTSMEN CORPORATION - WATERLOO, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Enova Power Corp.
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$2,334
- Down payment$101,800
- Mortgage amount$407,200
- Total interest$293,000
- Total cost$802,000
Cash flow analysis
$2,334
Total monthly payment
$2,367
Break-even down payment
100%
Cash flow-$2,367
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$509,000
$509,000
CAD
Estimated market value
Inquire about this listing
Connect directly with Kassaundra Dobson, Broker of Record.
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