$549,900
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271 Lester Street Unit# 102, Waterloo, ON N2L3W6

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5 Beds
2 Baths
1,307 Sq Ft

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:58753)

Listing By: CARI HEWICK - RE/MAX SOLID GOLD REALTY (II) LTD.
Source: CREA #40841864 Listing provided courtesy of Canadian Real Estate Association
  • MLS® 40841864
  • Date Listed06/23/2026
  • Days on Realty 95 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 417 - Beechwood/University
  • Property Type Apartment
  • Year Built 2009
  • Water Public
  • Square Feet 1,307 sq. ft
  • Price Per Sq. Ft $420.73

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Window Coverings
  • Cooling Central air conditioning
  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Conservation/green belt, Paved driveway, Recreational, No Pet Home

Directions

University to Lester

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L3W6

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L3W6

Source: Walk Score

74/100

Very Walkable

Walk Score ®

69/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

18 nearby routes: 17 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.

Points of Interest near 271 LESTER Street Unit# 102, Waterloo, ON N2L3W6

Frequently Asked Questions for 271 LESTER Street Unit# 102

Source: Realty.com

271 LESTER Street Unit# 102, Waterloo, ON N2L3W6 in 417 - Beechwood/University, Waterloo, ON N2L3W6 is a apartment listed at $549,900. Highlights include 5 bedrooms, 2 bathrooms, 1,307 sq. ft., built in 2009, $421 per sq. ft., HOA fee $697 Monthly. Realty.ca has 28 photos, sales history, school insights, and mortgag...

Realty.com has 28 photos of 271 LESTER Street Unit# 102.

Our records indicate that 271 LESTER Street Unit# 102 was built in 2009.

The full address for this home is 271 LESTER Street Unit# 102, Waterloo, ON N2L3W6.

271 LESTER Street Unit# 102 has been listed on Realty.com since Tue June 23, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.

This content last refreshed on 2026-09-26 13:40:16. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.