271 Lester St Unit 102

Waterloo, ON N2L 3W6
  • $569,900

    Price
  • 5

    Bed
  • 2

    Bath
  • 1,307

    SqFt

About the Listing WR50869 - KWKW5842

Prime 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.

Listing Highlights

Status Active
Days on Site 9
Property Type Condo/Townhome
MLS ® 40805174
Year Built 2009
Total Square Footage 1,307
Lot/Acreage 105.84 x 135.2
County Waterloo
HOA Dues 696.7/Monthly
1/Monthly

Interior Details

  • Bedrooms: 5
  • Bathrooms: 2 Full
  • Appliances: Dishwasher, Microwave, Range Hood, Refrigerator, Stove
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1307
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: High Speed Internet,Elevator
  • Water: Municipal

Exterior Details

  • Lot Description: Urban,Rectangular,City Lot,Greenbelt,Hospital,Library,Park,Place of Worship,Public Parking,Public Transit,Schools,Shopping Nearby
  • Garage Capacity: N/A
  • Parking Spaces: 1
  • Lot Dimensions: 105.84 x 135.2
  • Zoning: (H) RN-12
  • Roof: Flat
  • Others: Landscaped,Year Round Living,Fully Winterized
  • Sewer: Sewer (Municipal)
  • Parking Features: Covered Parking,Asphalt

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 235860002
  • Tax Year: N/A

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Questions About..

271 Lester St Unit 102 Waterloo, ON N2L 3W6

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Originating MLS: Cornerstone

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