271 Lester St, Waterloo, ON N2L 3W6, Canada
271 Lester St, Waterloo, ON N2L 3W6, CanadaBasics
- Date added: Added 4 hours ago
- Category: Residential
- Type: Condo/Apt Unit
- Status: Active
- Bedrooms: 5
- Bathrooms: 2
- Area: 1307 sq ft
- Year built: 2009
- Bathrooms Half: 0
- Rooms Total: 11
- County Or Parish: Waterloo
- Bathrooms Full: 2
- MLS ID: 40805174
Description
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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.
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Location
- Parking Total: 1
- Directions: University to Lester
- Direction Faces: West
Building Details
- Building Area Total: 1307 sq ft
- Number Of Buildings: 0
- Year Built Details: Town Records
- Parking Features: Asphalt
- Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
- Construction Materials: Brick
- Roof: Flat
Amenities & Features
- Water Source: Municipal
- Architectural Style: 1 Storey/Apt
- Appliances: Dishwasher, Microwave, Range Hood, Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Exterior Features: Landscaped, Year Round Living
- Window Features: Window Coverings
- Cooling: Central Air
- Interior Features: High Speed Internet, Elevator
- Heating: Forced Air
- Frontage Type: East