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$569,900
Ontario,Waterloo
For Sale Active
271 LESTER Street Unit# 102, Waterloo, Ontario N2L3W6
  • 5
  • 2
  • 1,307 Sqft
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 40805174
  • Price: $569,900
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1,307 Sqft
  • Year Built: 2009
  • Status: Active
  • Office Name: RE/MAX SOLID GOLD REALTY (II) LTD.
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 299554
Features & Appliances
Features
  • Heating System: Forced air
  • Cooling System: Central air conditioning
  • Basement: None
  • Parking: Covered
  • Exterior Features: Brick
  • Sewer: Municipal sewage system
  • Utilities: Natural Gas, Cable
Address Map
  • Location: CA, Ontario, Waterloo, 417 - Beechwood/University, N2L3W6
  • Street: LESTER
  • Street Number: 271
  • Street Suffix: Street
  • Longitude: W81° 27' 51.5''
  • Latitude: N43° 28' 29.3''
Additional Information
  • Water Source:
  • Lot Features:
  • Stories: 1.0
Financial
  • Association Fee: 696.7
  • Association Fee Frequency: Monthly
  • Association Fee Includes:
  • Tax Annual Amount: 3726
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Listing updated: 2026-02-21 13:05:04
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Listing Information
  • List Agent Key: 1564059
  • List Office Key: 299554
  • Modification Timestamp: 2026-02-21T12:50:52Z
  • Originating System Name: Cornerstone Association of REALTORS®
  • Status Change Timestamp: 2026-02-21T12:50:49Z
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Listing updated: 2026-02-21 13:05:04
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