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$569,900
New Listing

271 LESTER Street Unit# 102
Waterloo, ON N2L3W6

For Sale|Condominium|Active
5
Beds
2
Total Baths
1,307
SqFt
$436
/SqFt
2009
Built
Subdivision:
417 - Beechwood/University
271 LESTER Street Unit# 102271 LESTER Street Unit# 102271 LESTER Street Unit# 102271 LESTER Street Unit# 102
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Monthly Payment (Est.)

$2,600
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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:31684)

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Listing Snapshot
Price 
$569,900
Days On Site 
0 Days
Bedrooms 
5
Inside Area (SqFt) 
1,307 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2009
MLS® Number 
40805174
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$696.7 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
an hour agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Garage 
Yes
Levels 
One
Parking 
Detached
Parking Spaces 
1
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
1307
Interior Features
Cooling 
Central Air
Heating 
Forced Air
Bathroom 1 
Dimensions - 8'3'' x 4'8''Level - Main
Bathroom 2 
Dimensions - 5'6'' x 9'5''Level - Main
Bedroom 1 
Dimensions - 8'3'' x 12'5''Level - Main
Bedroom 2 
Dimensions - 15'4'' x 8'3''Level - Main
Bedroom 3 
Dimensions - 15'4'' x 8'5''Level - Main
Bedroom 4 
Dimensions - 15'4'' x 8'5''Level - Main
Dining Room 
Dimensions - 9'8'' x 12'7''Level - Main
Foyer 
Dimensions - 5'4'' x 9'11''Level - Main
Kitchen 
Dimensions - 10'6'' x 8'8''Level - Main
Living Room 
Dimensions - 9'7'' x 17'2''Level - Main
Master Bedroom 
Dimensions - 15'4'' x 8'6''Level - Main
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Exterior Features
Frontage 
106 ft
Community Features
Association Dues 
696.7
HOA Fee Frequency 
Monthly

Listing courtesy of: CARI ANN HEWICK of RE/MAX SOLID GOLD REALTY (II) LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

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Neighborhood & Commute
Source: Walkscore
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