We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
301 - 261 LESTER STREET, WATERLOO
2025-08-25
Quick Summary
- Location
- 301 - 261 LESTER STREET, WATERLOO, Ontario N2L3W6
- Price
- $560,000
- Status:
- For Sale
- Property Type:
- Single Family
- Area:
- 1200 - 1399 sqft
- Bedrooms:
- 5
- Bathrooms:
- 2
MLS®#X12362585
Property Description
Room #1 - $900, ending Aug 26, 2025, #2 - $900, ending Aug 26, 2025, #3 - $750,ending Aug 26, 2025, #4 - $900, ending Aug 26, 2025, #5 - $900, ending Aug 26, 2025.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 over $52,000/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:32467)
Property Features
Building
- Appliances: Dishwasher, Hood Fan, Stove, Refrigerator
- Basement Type: None
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1200 - 1399 sqft
- Building Type: Apartment
Features
- Feature: Laundry- Coin operated
Maintenance Fee
- Maintenance Fee: 922.00
Ownership
- Type: Condominium/Strata
Information entered by ROYAL LEPAGE SIGNATURE REALTY
Listing information last updated on: 2025-11-06 21:32:53
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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- Email:
- slavica@kwforsale.com
- Support Area:
- Kitchener, Ontario, Waterloo, ontario, Guelph, on, Cambridge, on, Elora, on, New Hamburg, on, Kitchener East, Kitchener West, Waterloo East, Waterloo West, Woolwich and wellesley township, Wilmot townhship, Hespeler, Galt west, Galt east, Galt north, guelph
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Full ProfileRobert E. Lyon SALESPERSON
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I am a well experienced, honest, professional FULL-TIME Realtor® who services ORANGEVILLE & SUR ...
Full ProfileNorman Savaille Salesperson
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- 4168794968
- Email:
- norm4000@gmail.com
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Over a dozen years licensed as a Sales Representative in Ontario. I have worked with as different ty ...
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