puvanes1@gmail.com (416) 832-0755 Login

Property Details

Back to Search
271 Lester Street 102, Waterloo, ON N2L 3W6
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5
271 Lester Street 102, Waterloo, ON N2L 3W6
Waterloo , N2L 3W6
$549,900.00
5 Bedrooms 2 Bathrooms Residential Condo & Other
Property Details
MLS Number X13482336
Property Type Residential Condo & Other
City Waterloo
Postal Code N2L 3W6
Cross Street University/Lester/Hickory
Street Number 271
Street Name Lester
Bedrooms 5
Bathrooms 2
Annual Tax $3,726.00
Occupant Type Tenant
Description
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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

Enquire About This Property

See What Your Home Is Worth

Type your address and the type of home you live in below: