271 LESTER Street Unit# 102, Waterloo, Ontario N2L 3W6
$549,900.00
- 5 bedrooms
- 2 bathrooms
- 1,307 Square Feet
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 ... read more
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. (id:25417)
- Listing ID: 40841864
- Property Type: Single Family
- Year Built: 2009
| Property | |
|---|---|
| Style: | Other |
| Ownership: | Condo Corporation $696.70 / Monthly |
| Lot Size: | Under 1/2 Acre |
| Parking: | Covered 1 Spaces |
| Building | |
|---|---|
| Type: | Single Family Apartment |
| Appliances: | Hood Fan, Microwave, Refrigerator, Stove, Window Coverings and Dishwasher |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air |
| Exterior: | Brick |
| Basement: | None |
| Utilities: | Cable, Natural Gas, Municipal Water and Municipal Sewage System |
| Location | |
|---|---|
| Municipality: | Waterloo |
| Province: | Ontario |
| Nearby Amenities: | Hospital, Park, Place Of Worship, Public Transit, Schools and Shopping |
| Rooms | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 5'6'' x 9'5'' |
| 3pc Bathroom | Main level | 8'3'' x 4'8'' |
| 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'' |
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