Address: 271 LESTER Street UnitNo. 303, 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: Open Garage: Open Lot Size: x Stories: 1
About 271 Lester Street Unitno. 303
Student housing investment property located on Lester Street in Waterloo, within a 10-minute walk to the University of Waterloo and Wilfrid Laurier University. This 5-bedroom, 2-bathroom unit is set up for student rentals and includes a shared common area with kitchen, in-building laundry, and 1 surface parking space. Currently 3 of the 5 rooms are rented, providing immediate rental income with the ability to lease the remaining rooms. Estimated gross income ranges from approximately $35,000 to $47,000 per year depending on rental rates and occupancy. This is a strong opportunity for real estate investors looking for consistent rental demand in the Waterloo student housing market. The location is close to public transit, the ION light rail, restaurants, grocery stores, and campus amenities, making it highly attractive to tenants. This property is also a practical option for parents. A parent can purchase the unit for their child to live in while renting out the other 4 bedrooms to help offset costs and build equity. Don t miss out and book your showing today! (id:56071). Get more information on 271 Lester Street Unitno. 303
Property Features
Appliances: Dishwasher, Refrigerator, Stove, Hood Fan Features: Conservation/green belt, No Pet Home Rental Equipment: Directions: University to Lester Zoning Description: (H) rn-12 Interior Size: 1311 sqft Communication Type: High Speed Internet Lot: under 1/2 acre Exterior Finish: Brick Water: Municipal water, Municipal sewage system Heating / Cooling: Natural gas / Central air conditioning Age: 2009 Constructed Date: 2009 Basement: None
Rooms & Sizes
Family room Main level 10 1 x 17 11
Kitchen Main level 9 3 x 12 5
Dining room Main level 7 10 x 12 4
4pc Bathroom Main level 8 11 x 5 6
3pc Bathroom Main level 87 2 x 4 9
Bedroom Main level 15 4 x 8 7
Bedroom Main level 15 4 x 8 8
Bedroom Main level 15 4 x 8 4
Bedroom Main level 8 3 x 12 4
Bedroom Main level 15 4 x 8 3
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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NEW LISTING [CONDO]
FOR SALE
FOR SALE
FOR SALE
FOR SALE