271 Lester Street Unit# 102, Waterloo, Ontario N2L 3W6 is For Sale and has a listing price of 569,900. The property is located in the Waterloo . It's been on the website for 1 Day.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 02/20/2026 | X12806348 | $569,900 | For Sale | - | - |
| 05/05/2025 | X12126034 | $599,999 | For Sale | 05/10/2025 | - |
| 11/01/2024 | X10402662 | $619,900 | For Sale | - | |
| 11/01/2024 | 40672882 | $619,900 | - | ||
| 08/01/2024 | 40628670 | $619,900 | - | ||
| 08/02/2024 | X9236674 | $619,900 | Cancelled | 10/30/2024 | - |