Unknown for 251 Lester St #101, Waterloo Ontario N2L 3W6
1 hour on Market

251 Lester St #101, Waterloo, Ontario N2L 3W6

In the same building:
-
Condo
5
2
~1200-1399 sqft
$509,000
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Condo
5
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market1 hour

Estimated valueNot available

Price/Sqft$394/sqft

Monthly cost

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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.


Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX13613582
Community NameColumbia
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

2.89 x 2.81

Kitchen

3.42 x 8.43

Dining

3.42 x 8.43


1Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 28, 2026
ListedActive
$509,000
1 hour on market
history photo preview44
Listing by trreb®
Property listed by ROYAL LEPAGE SIGNATURE REALTY, Brokerage
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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2025

53 days

2024

39 days

2023

34 days

New Listings

Past 30 days

61 listings

Compared to

2025

62 listings

2024

50 listings

2023

49 listings

Units sold

Past 30 days

16 units

Compared to

2025

17 units

2024

14 units

2023

25 units

Median Sold Price

Past 30 days

$415,000

Compared to

2025

$443,000

2024

$516,750

2023

$467,000


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget