271 Lester Street Unit 102
About this 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 & finishes
Property details
| MLS® Number | X13482336 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Condo |
| Interior Size | 1,200 sq ft |
| Beds / Baths | 5 bed · 2 bath |
| Locker | None |
| Exposure | East |
| Balcony | None |
| City | Waterloo |
| Postal Code | N2L 3W6 |
| Province | ON |
| Listed Date | June 24, 2026 |
| Days on Market | 44 |
| Price per Sq Ft | $458 |
| Brokerage | RE/MAX Solid Gold Realty (II) Ltd |
Location
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