271 Lester Street Unit# 102 Waterloo, Ontario N2L 3W6
$549,900Maintenance, Insurance, Common Area Maintenance, Heat, Landscaping, Property Management, Water, Residential Manager
$696.70 Monthly
Maintenance, Insurance, Common Area Maintenance, Heat, Landscaping, Property Management, Water, Residential Manager
$696.70 MonthlyPrime Investment Opportunity – Fully Furnished 5-Bedroom Unit Near Universities. Monthly Rental Income: $4,300 | Low Condo Fees | Covered Parking Included This turn-key 5-bedroom, 2-bathroom condo offers an exceptional investment opportunity in a highly sought-after building, steps from University of Waterloo and Wilfrid Laurier University. Designed to maximize rental income, this unit comes fully furnished with zero property management fees, ensuring hassle-free cash flow from day one.Key Features include: Spacious Living Area: Open-concept living, dining, and kitchen, fully furnished with modern finishes. Five Bedrooms: Each bedroom features large windows and under-bed storage, dresser drawers, providing functional and comfortable living spaces for tenants. Secure Building: 24-hour security and a well-managed building ensure a safe environment and high tenant retention. Prime Location: Walk to campus, shopping, restaurants, and other local amenities. Parking: Rarely available in this building, included with the unit. Included Furnishings & Appliances: Refrigerator, stove, dishwasher, microwave, hood fan, beds with mattresses, desks with chairs, under-bed storage cabinets, dining table with chairs, couch, chairs, coffee table, window coverings, and lighting fixtures. Perfect for investors seeking a reliable, high-demand rental property, this unit offers immediate possession and consistent income with a 6.23% Cap Rate. (id:50964)
Property Details
| MLS® Number | 40805174 |
| Property Type | Single Family |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Communication Type | High Speed Internet |
| Features | Conservation/green Belt, Paved Driveway, Recreational, No Pet Home |
| Parking Space Total | 1 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Microwave, Refrigerator, Stove, Hood Fan, Window Coverings |
| Basement Type | None |
| Constructed Date | 2009 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors, Security System |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,307 Ft2 |
| Type | Apartment |
| Utility Water | Municipal Water |
Parking
| Covered |
Land
| Access Type | Road Access |
| Acreage | No |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 135 Ft |
| Size Frontage | 106 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | (h) Rn-12 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | 3pc Bathroom | 8'3'' x 4'8'' | ||
| Main Level | 4pc Bathroom | 5'6'' x 9'5'' | ||
| Main Level | Bedroom | 8'3'' x 12'5'' | ||
| Main Level | Bedroom | 15'4'' x 8'3'' | ||
| Main Level | Bedroom | 15'4'' x 8'5'' | ||
| Main Level | Bedroom | 15'4'' x 8'5'' | ||
| Main Level | Primary Bedroom | 15'4'' x 8'6'' | ||
| Main Level | Living Room | 9'7'' x 17'2'' | ||
| Main Level | Dining Room | 9'8'' x 12'7'' | ||
| Main Level | Kitchen | 10'6'' x 8'8'' | ||
| Main Level | Foyer | 5'4'' x 9'11'' |
Utilities
| Cable | Available |
| Natural Gas | Available |
https://www.realtor.ca/real-estate/29382296/271-lester-street-unit-102-waterloo
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June 02 2026 04:55:51
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