261 Lester Street Unit 101, Waterloo, ON N2L 3W6
$549,000
activeNEW
About This Property
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.
Property Details
Condo
Active
X12383368
5
2
1,200
None
None
East
March 4, 2026
Features & Amenities
Listing Information
Listing Information
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained in this website is from sources believed to be reliable, but is not guaranteed. It is the responsibility of each real estate agent/salesperson to verify all information. This communication is not intended to cause or induce a breach of any existing agency relationship.
Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9


