271 Lester Street Unit 102

ActiveWaterloo44 days on marketMLS® X13482336
$549,900
$458 / sq ft
Bedrooms5
Bathrooms2
Interior1,200 sq ft
TypeCondo
ListingFor Sale
Days on Market44

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

View
Balcony
Air Conditioning
Basement

Property details

MLS® NumberX13482336
StatusActive
Listing TypeFor Sale
Property TypeCondo
Interior Size1,200 sq ft
Beds / Baths5 bed · 2 bath
LockerNone
ExposureEast
BalconyNone
CityWaterloo
Postal CodeN2L 3W6
ProvinceON
Listed DateJune 24, 2026
Days on Market44
Price per Sq Ft$458
BrokerageRE/MAX Solid Gold Realty (II) Ltd

Location

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