261 Lester Street, Unit 203
261 Lester Street, Unit 203
$589,000
$453/sq ft · 86 days on market
About This Listing
Attn Investors: $4325.00 Monthly Income From This Fully Tenanted Student Rental (On Signed Lease With A++ Tenant Group). Can be provided Vacant. Walking Distance To Waterloo U. Five Separate Rooms With A Shared Kitchen, And Two Shared Baths. Safe Building W/Security, Attracts The Best Students. No Vacancies! Option For Hands Off Investment With On-Site Property Management For 6% Monthly Fee Or Can Self-Manage. Act Now, This Won't Last!
| Monthly Mortgage (P&I) | $2,566 |
| Property Tax (MLS) | $320 |
| Maintenance Fees | $941 |
| Total Monthly Cost | $3,827 |
Down payment: $117,800 (20.0%) · Mortgage: $471,200
Property tax uses MLS annual tax of $3,837/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX REALTY SPECIALISTS INC.
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Data last updated: August 23, 2026 at 10:25 a.m.