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Home ON Kitchener - Cambridge - Waterloo Waterloo Columbia
102 - 271 LESTER STREET
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102 - 271 LESTER STREET $569,900
6 days ago
$569,900
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102 - 271 LESTER STREET
Waterloo, Ontario N2L3W6

MLS® Number: X12806348
5
Bedrooms
2
Bathrooms
1200 - 1399
Square Feet

Listing 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. (42189016)

Location Description

Cross Streets: University/Lester/Hickory. ** Directions: University to Lester.

Property Summary

Property Type
Single Family
Building Type
Apartment
Square Footage
1200 - 1399 sqft
Title
Condominium/Strata
Annual Property Taxes
$3,726
Parking Type
No Garage, Covered
Time on REALTOR.ca
6 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, Water meter, Dishwasher, Furniture, Hood Fan, Microwave, Stove, Window Coverings, Refrigerator
Basement Type
None
Building Features
Features
Conservation/green belt, Carpet Free
Foundation Type
Concrete
Fire Protection
Security system, Smoke Detectors
Building Amenities
Separate Electricity Meters, Security/Concierge
Heating & Cooling
Cooling
Central air conditioning, Ventilation system
Heating Type
Forced air (Electric)
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Pets not Allowed, Community Centre
Amenities Nearby
Park, Place of Worship, Public Transit
Maintenance or Condo Information
Maintenance Fees
$696.70 Monthly
Maintenance Fees Include
Insurance, Common Area Maintenance
Maintenance Management Company
Wilson Blanchard
Parking
Parking Type
No Garage, Covered
Total Parking Spaces
1

Measurements

Square Footage
1200 - 1399 sqft

Rooms

MetricImperial
Main level
Primary Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bathroom
Bathroom
Kitchen
Dining room
Family room

Land

Other Property Information
Zoning Description
(H) RN-12
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