271 Lester Street 203 #203
On the market for 82 days — longer than average. The seller may be open to negotiation.
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!
Rooms
| Bedroom | 4.67 × 2.52 m | |
| Bedroom 2 | 2.51 × 3.75 m | |
| Bedroom 3 | 4.67 × 2.55 m | |
| Bedroom 4 | 4.67 × 2.63 m | |
| Bedroom 5 | 4.68 × 2.62 m | |
| Bathroom | 2.50 × 1.44 m | 3 Pc Bath |
| Bathroom | 2.71 × 1.67 m | 4 Pc Bath |
| Kitchen | 2.83 × 3.78 m | |
| Dining Room | 2.38 × 3.76 m | |
| Family Room | 3.06 × 5.46 m |
Features
- Carpet Free
- Separate Hydro Meter
- Ventilation System
- Water Heater
- None
- Central Air
- 1 Storey/Apt
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Waterloo
Based on active listings in Waterloo. Data updates daily.
Our estimate for this home
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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