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:47421)
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Detailed Information
Bedrooms
5
Bathrooms
2
Lot
106 x 135 ft
Amenities Nearby
Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Communication Type
High Speed Internet
Features
Conservation/green belt, Paved driveway, Recreational, No Pet Home
Listing Contract Date
2026-02-20
Location Description
University to Lester
Maintenance Fee Payment Frequency
Monthly
Maintenance Fee Type
Insurance, Common Area Maintenance, Heat, Landscaping, Property Management, Water, Residential Manager
Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Sewer
Municipal sewage system
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