271 LESTER ST #102, Waterloo, ON N2L3W6
271 LESTER ST #102, Waterloo, ON N2L3W6
271 LESTER ST #102, Waterloo, ON N2L3W6
271 LESTER ST #102, Waterloo, ON N2L3W6
271 LESTER ST #102, Waterloo, ON N2L3W6
271 LESTER ST #102, Waterloo, ON N2L3W6
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Adriana Preston

Adriana Preston

+1(250) 859-0177
$ 549,900
Est. payment | /mo

5 Beds

2 Baths

1,307 SqFt

Save
$ 549,900
Est. payment | /mo
Save

5 Beds

2 Baths

1,307 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1307

Square Footage 1,307 sqft

Price per Sqft $420

Subdivision 417 - Beechwood/University

MLS® Listing ID 40841864

Bedrooms 5

Condo Fees $696/mo

Year Built 2009

Property Sub-Type Condo

Property 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 possession and consistent income with a 6.23% Cap Rate. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 5'6'' x 9'5'' 4pc Bathroom

Extra Room 2 Main level 8'3'' x 4'8'' 3pc Bathroom

Extra Room 3 Main level 8'3'' x 12'5'' Bedroom

Extra Room 4 Main level 15'4'' x 8'3'' Bedroom

Extra Room 5 Main level 15'4'' x 8'5'' Bedroom

Extra Room 6 Main level 15'4'' x 8'5'' Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
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Adriana Preston

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271 LESTER ST #102