Description

 Price: $ 549,900.00 MLS^®: X13482336         Location : 271 Lester Street 102, Waterloo, ON N2L 3W6

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.

Location Description

University/Lester/Hickory

Property Details

• Property Type: Tenant/Residential Condo & Other
• Bedrooms: 5
• Bath: 2
• Garages: None

Building Features

• Foundation Type: Concrete
• Construction Material: Brick
• Total Parking Space: 1
• Community Features: No

Features

• Heating: Forced Air Electric