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271 LESTER Street Unit# 102
Waterloo Ontario N2L3W6 Canada

$569,900

Active Listing ID 40805174
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5 bed
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1,307 square feet
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2.00 Bath
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Single Family

$569,900

Active Listing ID 40805174
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271 LESTER Street Unit# 102 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. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick
  • Heating Systems: Forced air
  • Additional Features
  • Basement
Listing Changed: 2/20/2026 9:35:44 PM GMT
Source Updated Date: 2/21/2026 6:12:47 AM GMT

Courtesy of: CARI HEWICK, Broker, RE/MAX SOLID GOLD REALTY (II) LTD.