271 Lester Street Unit# 102, Waterloo, Ontario N2L 3W6

Listed for:
$569,900
5 beds
2 baths
Listed 41 days ago
Apartment for rent: 271 Lester Street Unit# 102, Waterloo, Ontario N2L 3W6

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About

University to Lester 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:27476)

Property Highlights

MLS® Number
40805174
Type
Single Family
Maintenance Fee
696.70
Ownership Type
Condominium
Land Size
under 1/2 acre
Parking Space Total
1

Building

Building Type
Apartment
Storeys
1.00
Square Footage
1307 sqft
Bathrooms Total
2
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

3pc Bathroom
Main level
8'3'' x 4'8''
4pc Bathroom
Main level
5'6'' x 9'5''
Bedroom
Main level
8'3'' x 12'5''
Bedroom
Main level
15'4'' x 8'3''
Bedroom
Main level
15'4'' x 8'5''
Bedroom
Main level
15'4'' x 8'5''
Primary Bedroom
Main level
15'4'' x 8'6''
Living room
Main level
9'7'' x 17'2''
Dining room
Main level
9'8'' x 12'7''
Kitchen
Main level
10'6'' x 8'8''
Foyer
Main level
5'4'' x 9'11''

Location

Learn more about this property
Listing provided by:
RE/MAX SOLID GOLD REALTY (II) LTD.
MLS® number:
40805174
Agent:
Cari Ann Hewick
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Street Spotlight - For sale