5 Beds 2 Bath

261 Lester Street 101, Waterloo, ON N2L 3W6

Waterloo N2L 3W6 Ontario

MLS: X12383368

$549,000

Added 3 days ago | For Sale

Listed by: RE/MAX REALTY SPECIALISTS INC.

About Property

Turnkey Student Rental Investment Fully Furnished 5 Bed, 2 Bath at 261 Lester St. Prime opportunity to own in one of Waterloos most sought-after student rental buildings, just steps from the University of Waterloo. This spacious 5-bedroom, 2-bathroom unit is purpose-built for student living, offering a modern layout designed for comfort and convenience. Perfect for investors seeking a hands-off, income-generating property in a high-demand market. Currently leased to a group of A+ tenants (all female) on a secure 3-year lease term, this property provides immediate cash flow with excellent rental income. Professionally managed, the building is well-maintained and tailored to student needs, ensuring consistent demand year after year.

Features

  • House Style:Condo Apartment
  • Bathrooms:2
  • Land Size:
  • Water:
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:University/Lester
  • Basement:None , None
  • Possession Date:Immediate
  • Annual Property taxes: $3891.75
  • Bedrooms:5
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12383368

Level Type Features Dimensions
Main Living Room Ceramic Floor, Window 0 ft x 0 ft
Kitchen Ceramic Floor, Open Concept, Eat-in Kitchen 0 ft x 0 ft
Bedroom Broadloom, Window, Closet 0 ft x 0 ft
Bedroom Broadloom, Window, Closet 0 ft x 0 ft
Bedroom Broadloom, Window, Closet 0 ft x 0 ft
Bedroom Broadloom, Window, Closet 0 ft x 0 ft
Bedroom Broadloom, Window, Closet 0 ft x 0 ft

No property rooms available.

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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