Was listed for:Expired Nov 14, 2025
$589,000

Unit 303, 251 Lester Street

Waterloo, ON N2L 3W6

Condo Apartment ExpiredNot available
251 Lester Street exterior251 Lester Street5 storeys

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 303, 251 Lester Street, Waterloo

2025-06-23
2025-11-14
Expired
Price
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MLS#
x12244017

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 303, 251 Lester Street, Waterloo

Great investment opportunity; Easy rentals, Good cashflow, Worry Free Management makes this a great property for your long term investment portfolio. The short walk to the University of Waterloo, Wilfred Laurier University, Shopping and Restaurants makes this an attractive rental to students. 5-Spacious Bedrooms, Living room Dining room, 2-Washrooms and an Ensuite laundry for Tenant's comfort.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,059
Land Transfer Tax Fee
$8,255

Condo/Maintenance Fee

Maintenance Fee
$784 /month

Included In Maintenance Fee

  • Water Included
  • Heat Included
  • Common Elements Included
  • CAC Included
  • Building Insurance Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
641

Construction

Exposure
South
Exterior Finish
Concrete, Brick
Special Designation
Unknown

Inclusions

Inclusions
Fridge, Stove, B/I Dishwasher; 5-Bedframe, 5-Mattresses, 5-Reading Desks and Chairs; A Living room Sofa.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
5
Washrooms
2
Kitchens
1

Room sizes

  • Living Room—
    Flat level, Ceramic Floor
  • Dining Room—
    Flat level, Ceramic Floor
  • Kitchen—
    Flat level, Ceramic Floor
  • Bedroom—
    Flat level, Broadloom
  • Bedroom 2—
    Flat level, Broadloom
  • Bedroom 3—
    Flat level, Broadloom
  • Bedroom 4—
    Flat level, Broadloom
  • Bedroom 5—
    Flat level, Broadloom

Washrooms

  • 4-piece, Flat
  • 3-piece, Flat

Municipality
Waterloo
Main cross streets
University Ave.W/Lester
Directions
University Avenue West to Lester Street.

MLS® number
X12244017
Data source
Toronto Regional Real Estate Board
Status change
2025-11-14
Listed on
2025-06-23
Days on market
144 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
BAY STREET GROUP INC.

Home Market Value

Current home valuation for Unit 303, 251 Lester Street, Waterloo, , . Listed for $589,000

HOMEH Estimate

?

$518,875

Estimated Sales Range

?

$409,911 - $627,839

HOMEH Estimate for Unit 303, 251 Lester Street, Waterloo

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$518,875Medium confidence
Based on 6 comparable properties
+ $70,125 (14%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $89,000 over $500K

Minimum down payment

$33,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,194$16,433$14,018$0
=Total mortgage
$577,032$546,533$514,668$471,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,817monthly$2,668monthly$2,513monthly$2,301monthly
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Land Transfer Tax

Provincial

$8,255

Total Land Transfer Tax

$8,255

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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