102 - 271 Lester Street, Waterloo, Ontario, Canada, N2L3W6

549,900
for Sale
5
2
1,307

About the property:

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.

Extra info:

Dishwasher,Furniture,Microwave,Range Hood,Refrigerator,Stove,Window Coverings,5 Beds W/ Mattresses, 5 Desks W/ Chairs, 5 2-Drawer Cabinets, Dining Table W/ Chairs, 1 3-Seat Couch, 2 Single Couches, 1 Coffee Table
Condo/Apt Unit apartment/condo
Property Type:
Condo/Apt Unit
Status:
for Sale
House Style:
apartment/condo
Bedrooms:
5
Bathrooms:
2
Central A/C:
Yes
Garage/Parking Type:
Asphalt
Parking Places:
1
Heating Type:
Forced Air
Cross Street:
Hickory
Exterior:
Brick
Annual Property Taxes:
3,726
Listing ID:
40841864

Rooms

Dimensions

Brokered by:
RE/MAX Solid Gold Realty (ii) Ltd.
Source: CREA
Presented By:

Cari Hewick

Broker

RE/MAX Solid Gold Realty (II) Ltd., Brokerage*