271 Lester Street 203
Waterloo, N2L 3W6
FOR SALE
$569,900
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Property Description
PARENTS! LOOKING FOR AN INVESTMENT while your child attends University? Cash Flowing 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!
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2017-01-18 | 2017-04-24 | 96 | $509,000 | $582,000 |
Nearby Intersections
Property Features
Greenbelt/Conservation, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, Carpet Free, Separate Hydro Meter, Ventilation System, Water Heater, Covered, In Building, Carbon Monoxide Detectors, Concierge/Security, Security System, Heat Detector, Smoke Detector
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Property Details
Address
271 Lester Street 203
City
Postal Code
N2L 3W6
Property Type
Condo Apartment, Condo Apartment
Zoning
(H) RN-12
Taxes
$3,713 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Electric
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Listing contracted with Re/Max Solid Gold Realty (Ii) Ltd
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