$569,900
FOR SALE

Condo Apartment

Bedrooms: 5Bathrooms: 2Lot: 106 x 135 ft
Maintenance Fees: $696.7

271 Lester Street #203
Waterloo, ON N2L 3W6

PARENTS LOOKING FOR AN INVESTMENT While your child attends UofW or Laurier this Fall? Prime Investment Opportunity – Fully Furnished 5-Bedroom Unit Near Universities. Potential Monthly Rental Income: $4,300+/mth | Low Condo Fees | 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, OR A parent looking for a solid investment while their child attends UofW or Laurier! Can be available for your child looking to attend University in the fall. You can't beat the location - hurry before it's gone! (id:47421)
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Listed By RE/MAX SOLID GOLD REALTY (II) LTD.
Data Provided By Cornerstone Association of REALTORS®
MLS® Listing Number 40805201
Last Updated Apr 08, 2026
Property Summary
Property Type Condo Apartment

More like this:
Maintenance Fees $696.7
Subdivision 417 - Beechwood/University
Price History

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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
Ownership Type Condominium
# of Parking Spaces 1
Property Type Single Family
Transaction Type For sale
Zoning Description (H) RN-12
Building
Appliances Dishwasher, Microwave, Refrigerator, Stove, Hood Fan, Window Coverings
Basement Type None
Constructed Date 2009
Construction Style (Attachment) Attached
Cooling Type Central air conditioning
Exterior Finish Brick
Fire Protection Smoke Detectors, Security system
Heating Type Forced air
Stories Total 1
Type Apartment
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Family roomMain level10'1'' x 17'11''
KitchenMain level9'3'' x 12'5''
Dining roomMain level7'10'' x 12'4''
4pc BathroomMain level8'11'' x 5'6''
3pc BathroomMain level8'2'' x 4'9''
BedroomMain level15'4'' x 8'7''
BedroomMain level15'4'' x 8'8''
BedroomMain level15'4'' x 8'4''
BedroomMain level8'3'' x 12'4''
BedroomMain level15'4'' x 8'3''
Parking Spaces
Name Spaces
Covered
Utilities
Type Description
CableAvailable
Natural GasAvailable
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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