271 Lester Street 102, Waterloo, ON N2L 3W6
Waterloo
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 271 Lester Street 102, Waterloo, ON N2L 3W6
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MLS# X13482336
Listed by RE/MAX Solid Gold Realty (II) Ltd
On market since Jun 24, 2026
What comparable homes actually sold for in the last 12 months.
271 Lester Street 102, Waterloo, ON N2L 3W6 is listed for $549,900 CAD.
271 Lester Street 102, Waterloo, ON N2L 3W6 has 5 bedrooms and 2 bathrooms.
271 Lester Street 102, Waterloo, ON N2L 3W6 is a Condo Apartment.
271 Lester Street 102, Waterloo, ON N2L 3W6 is in Waterloo, Ontario.
271 Lester Street 102, Waterloo, ON N2L 3W6 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 271 Lester Street 102, Waterloo, ON N2L 3W6 (MLS# X13482336). You can also send a message through the contact form on this site.
