102 - 271 LESTER STREET

Waterloo, , N2L3W6, Canada

$569,900

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.

EXTRAS: Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Window Coverings

Last updated on : Friday 20th of February 2026 04:35:44 PM

ADDRESS

Street : 102 - 271 LESTER STREET

City : Waterloo

Country : Canada

Postal Code : N2L3W6

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PROPERTY SUMMARY

Property ID : 40805174

Building Type : Apartment

Property Type : Single Family

Bedrooms : 5

Bathrooms : 2

Parking : 1

Parking Type: Covered

Maintenance Fees : $696.7

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