Active Condo Apartment For Sale 121 DOM · sitting
$549,900
MLS® X12806244

271 Lester Street 203, Waterloo, ON N2L 3W6

Waterloo · N2L 3W6
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Five-bedroom near universities with $4,300/month rental income potential and included parking—turnkey investment at $549,900.
5
Beds
2
Baths
1200-1399
Sqft
1
Parking
14315.0
Lot sqft

About this home

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!

📋 Property summary 7 details
Property Type
Condo Apartment
Style
['1 Storey/Apt']
Square Footage
1200-1399
Days on Market
121 days
Annual Taxes
$3,713
Lot Size
14,315 SqFtDivisible
Parking
1.0 spaces
🏠 Interior 4 features
Basement
None
Interior features
Carpet FreeSeparate Hydro MeterVentilation SystemWater Heater
🧱 Building & exterior
Foundation
Concrete
Exterior
Brick
⚡ Utilities
Heating
Forced Air
Cooling
['Central Air']
📐 Rooms & dimensions 10 rooms
Main
Bedroom 2 2'6" × 3'9"
Bedroom 3 4'8" × 2'7"
Bedroom 4 4'8" × 2'8"
Bedroom 5 4'8" × 2'7"
Bathroom 2'6" × 1'5"
Bathroom 2'9" × 1'8"
Kitchen 2'10" × 3'9"
Dining Room 2'5" × 3'9"
Family Room 3'1" × 5'6"
Bedroom 4'8" × 2'6"
🌳 Lot & land
Total Area
14,315 sqftdivisible
Shape
Rectangular
Source
GeoWarehouse
🏢 Condo details
Maintenance Fee
$697/monthly
Pets
['No']
Locker
None
Exposure
East
Balcony
None
Fee includes
Heat IncludedWater IncludedBuilding Insurance IncludedCAC Included
📦 Inclusions & exclusions
Included with sale

Dishwasher, Furniture, Microwave, Range Hood, Refrigerator, Stove, Refrigerator, Hood Fan, Stove, Dishwasher, ELFS, Window Coverings, 5 Beds With Mattresses, 5 Desks With Chairs, 5 2-Drawer Cabinets, Dining Table With Chairs, 1 3-Seat Couch, 2 Single Couches, 1 Coffee Table, Microwave

Excluded from sale

Tenant's Belongings

📃 Listing details
MLS® Number
X12806244
Days on Market
121 days
Possession
Flexible
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

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Location

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About Waterloo

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$549,900
271 Lester Street 203, Waterloo, ON N2L 3W6
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 271 Lester Street 203, Wate... is priced fairly, over, or under.

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