5 Beds 2 Bath

271 Lester Street 102, Waterloo, ON N2L 3W6

Waterloo N2L 3W6 Ontario

MLS: X12806348

$569,900

Added 10 hours ago | For Sale

Listed by: RE/MAX Solid Gold Realty (II) Ltd

About Property

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.

Features

  • House Style:Condo Apartment
  • Bathrooms:2
  • Land Size:
  • Water:
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Electric
  • Cross Street:University/Lester/Hickory
  • Basement:None , None
  • Possession Date:Flexible
  • Annual Property taxes: $3726
  • Bedrooms:5
  • Total Parking Spaces:1
  • Parking Places:1
  • Heating Type:Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12806348

Level Type Features Dimensions
Main Primary Bedroom 15 ft, 4 in x 8 ft, 5 in
Bedroom 2 15 ft, 4 in x 8 ft, 3 in
Bedroom 3 15 ft, 4 in x 8 ft, 5 in
Bedroom 4 8 ft, 2 in x 12 ft, 4 in
Bedroom 5 15 ft, 4 in x 8 ft, 6 in
Bathroom 3 Pc Bath 8 ft, 2 in x 4 ft, 8 in
Bathroom 4 Pc Bath 5 ft, 6 in x 9 ft, 5 in
Kitchen 10 ft, 6 in x 8 ft, 8 in
Dining Room 9 ft, 8 in x 12 ft, 8 in
Family Room 9 ft, 7 in x 17 ft, 2 in

No property rooms available.

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