271 LESTER Street Unit# 102 - Photo 1 of 41, Waterloo, Ontario
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$569,900

271 LESTER Street Unit# 102 — Waterloo, Ontario

N2L3W6

5Beds
2Baths
1,307Sq Ft
1Parking
2009Built

About This Property

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:63357)

Property Location

Property Details

Property Type
Condo
Bedrooms
5
Bathrooms
2
Living Area
1,307 sqft
Above Grade Area
1,307 sqft
Year Built
2009
Stories
1.0
Status
Active

Location & Neighborhood

What's nearby 271 LESTER Street Unit# 102

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

POI data updated 2/21/2026

Waterloo Market Snapshot

532

Active Listings

$570K

Median Price

0

Avg Days on Market

Last updated: Feb 25, 2026

Listed by

RE/MAX SOLID GOLD REALTY (II) LTD.

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$569,900
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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