271 Lester Street Unit# 102, Waterloo, Ontario

$549,900

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5

Beds

2

Baths

1,307

Square feet

About 271 Lester Street Unit# 102

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 possession and consistent income with a 6.23% Cap Rate. (id:36535)

Features of 271 Lester Street Unit# 102

Listing # 40841864
Price $549,900
Bedrooms 5
Bathrooms 2.00
Square Footage 1,307
Acres 0.00
Year Built 2009
Type Single Family
Sub-Type Condominium
Style Other

Community Information

Address 271 Lester Street Unit# 102
Subdivision 417 - Beechwood/University
City Waterloo
Province Ontario
Postal Code N2L3W6

Amenities

Amenities Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Utilities Cable, Natural Gas
Features Conservation/green belt, Paved driveway, Recreational, No Pet Home
Parking Spaces 1
Parking Covered
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Microwave, Refrigerator, Stove, Hood Fan, Window Coverings
Heating Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement No
Basement Type None

Exterior

Exterior Brick

Listing Details

OfficeCourtesy Of RE/MAX SOLID GOLD REALTY (II) LTD.

Listing Map