271 Lester Street 102

Waterloo, N2L 3W6
For Sale
6.12 BTC
271 Lester Street 102, Waterloo
271 Lester Street 102
271 Lester Street 102
271 Lester Street 102
271 Lester Street 102
271 Lester Street 102
271 Lester Street 102
271 Lester Street 102
5
BEDROOMS
2
BATHROOMS
1
KITCHENS
2
ROOMS
X12806348
MLSID
Contact Us
Property Description
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 occupancy and consistent income with a 6.23% Cap Rate.
Nearby Intersections
Property Features
Greenbelt/Conservation, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, Carpet Free, Separate Hydro Meter, Ventilation System, Water Heater, Covered, In Building, Carbon Monoxide Detectors, Concierge/Security, Security System, Heat Detector, Smoke Detector
Property Details
Property Type
Condo Apartment
Taxes
$3,726 (2025)
Basement
None
Heat Type
Forced Air
Heat Source
Electric
Parking Spaces
1
Parking 1
Owned
Garage Type
None
Listing contracted with Re/Max Solid Gold Realty (Ii) Ltd
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