$549,900
FOR SALE

Condo Apartment

Bedrooms: 5Bathrooms: 2
2025 Taxes: $3,726Maintenance Fees: $696.7

271 Lester St #102
Waterloo, ON N2L 3W6

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.
Extras
Carpet Free, Separate Hydro Meter, Ventilation System, Water Heater
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Listed By RE/MAX Solid Gold Realty (II) Ltd
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12806348
Last Updated May 01, 2026
Property Summary
Property Type Condo Apartment

More like this:
PIN 235860007
Possession Date Flexible
Taxes (2025) $3,726
Maintenance Fees $696.7
Directions/Cross Streets University/Lester/Hickory
Area Waterloo
Price History

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Detailed Information
Special Designations Unknown
Bedrooms 5
Bathrooms 2
Exterior Brick
Elevator Y
Air Conditioning Central Air
Family Room Y
Garage Type None
Parking Spaces 1
Heat Source Electric
Heat Type Forced Air

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