271 LESTER Street UnitNo. 102, Waterloo NEW LISTING [CONDO]

Brokered by: RE/MAX SOLID GOLD REALTY (II) LTD.

MLS®: 40805174 (Condominium)

Price: $569,900.00

Address: 271 LESTER Street UnitNo. 102, Waterloo
FOR SALE
Subdivision: 417 - Beechwood/University
Postal Code: N2L3W6
Style: Attached
Type: Single Family Apartment
Maint/Condo. Fee: 696.70
Fee Includes: Monthly Insurance, Common Area Maintenance, Heat, Landscaping, Property Management, Water, Residential Manager
Bedrooms: 5
Bathrooms: 2
Bedrooms Aboveground:  5
Bedrooms Belowground:  0
Parking:  Covered
Garage: Covered
Lot Size:   106 ft x 135 ft
Stories:  1


About 271 Lester Street Unitno. 102

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. (id:56071). Get more information on 271 Lester Street Unitno. 102

Property Features

Appliances:  Dishwasher, Microwave, Refrigerator, Stove, Hood Fan, Window Coverings
Features:  Conservation/green belt, Paved driveway, Recreational, No Pet Home
Rental Equipment:  
Directions:  University to Lester
Zoning Description:  (H) RN-12
Interior Size:  1307 sqft
Communication Type:  High Speed Internet
Access:  Road access
Lot:  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   / Central air conditioning
Age:  2009
Constructed Date:  2009
Basement:  None

Rooms & Sizes

 3pc Bathroom Main level 8 3 x 4 8  4pc Bathroom Main level 5 6 x 9 5  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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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.