271 Lester Street Unit# 102

- $569,900

Waterloo, N2L3W6
MLS ® 40805174

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:38551)

Features

  • Conservation/green Belt
  • Paved Driveway
  • Recreational
  • No Pet Home

Location

Details

271 Lester Street Unit# 102, , Waterloo

  • Land

    under 1/2 acre

  • Bedrooms

    5 Bedroom(s)

    5
  • Bathrooms
    2
  • Parking

    Covered

    1

Rooms

271 Lester Street Unit# 102, , Waterloo

  • 3pc Bathroom

    main level

    8'3'' x 4'8''
  • 4pc Bathroom

    main level

    5'6'' x 9'5''
  • Bedroom

    main level

    8'3'' x 12'5''
  • Bedroom

    main level

    15'4'' x 8'3''
  • Bedroom

    main level

    15'4'' x 8'5''
  • Bedroom

    main level

    15'4'' x 8'5''
  • Primary Bedroom

    main level

    15'4'' x 8'6''
  • Living Room

    main level

    9'7'' x 17'2''
  • Dining Room

    main level

    9'8'' x 12'7''
  • Kitchen

    main level

    10'6'' x 8'8''
  • Foyer

    main level

    5'4'' x 9'11''