271 LESTER Street Unit 102, Waterloo, Ontario N2L3W6
Listing courtesy of RE/MAX SOLID GOLD REALTY (II) LTD..
- $549,900
- 5
- BD
- 2
- BA
- 1,307
- SqFt
- List Price
- $549,900
- MLS®
- 40841864
- Days on Market
- 78
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Single Family
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 1,307
- Subdivision
- 417 - Beechwood/University
Property Description
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:5764)
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Additional Information
- Ownership
- Condo/Strata
- Hoa Fee
- $696
- Basement Features
- None
- Basement
- Yes
- Subdivision
- 417 - Beechwood/University
- Parking Spaces
- 1
- Cooling
- Central air conditioning
- Country
- Canada
- Sewer
- Municipal sewage system
- Heating
- Forced air
- Lot Features
- Conservation/green belt, Paved driveway, Recreational, No Pet Home
- Architectural Style
- Other
- Stories
- 1
