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$549,900
Available - For Sale
Listing ID: X12806348
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.
Price $549,900
Taxes: $3,726
Assessment Year: 2025
Occupancy by: Tenant
Address: 271 Lester Street , Waterloo, N2L 3W6, Waterloo
Postal Code: N2L 3W6
Province/State: Waterloo
Directions/Cross Streets: University/Lester/Hickory
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Primary B 15.35 8.40
Room 2: Main Bedroom 2 15.35 8.23
Room 3: Main Bedroom 3 15.35 8.43
Room 4: Main Bedroom 4 8.20 12.37
Room 5: Main Bedroom 5 15.35 8.53
Room 6: Main Bathroom 8.20 4.66 3 Pc Bath
Room 7: Main Bathroom 5.51 9.38 4 Pc Bath
Room 8: Main Kitchen 10.46 8.63
Room 9: Main Dining Ro 9.68 12.63
Room 10: Main Family Ro 9.58 17.19
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  3 Main
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4 Main
Washroom 17:  3 Main
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4 Main
Washroom 22:  3 Main
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4 Main
Washroom 27:  3 Main
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Total Area: 0
Maintenance: 696.7
Sprinklers: Carb
Heat Type: Forced Air
Central Air Conditioning: Central Air
Elevator Lift: True
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX Solid Gold Realty (II) Ltd

271 Lester Street , Waterloo, N2L 3W6, Waterloo

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Condo Apartment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: 1 Storey/Apt
Lot Size: x 0.00()
Approximate Age:
Tax: $3,726
Maintenance Fee: $696.7
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908