271 LESTER Street Unit# 102
417 - Beechwood/University
Waterloo
N2L 3W6
$569,900
Single Family
beds: 5
baths: 2.0
1,307 sq. ft.
built: 2009
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- 40805174
- Bedrooms:
- 5
- Bathrooms:
- 2
- Year Built:
- 2009
- Photos (41)
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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:2493)
- Property Type:
- Single Family
- Common Interest:
- Condo/Strata
- Property Attached:
- Yes
- Total Living Area:
- 1,307 sq. ft.121 m2
- Finished Area Above Grade:
- 1,307 sq. ft.121 m2
- Zoning:
- (H) RN-12
- Association Fee:
- 696.7
- Association Fee Frequency:
- Monthly
- Association Fee Includes:
- Common Area Maintenance, Landscaping, Property Management, Heat, Water, Insurance, Residential Manager
- Taxes:
- $3,726 / -
- Community:
- 417 - Beechwood/University
- Exterior Features:
- Brick
- Security Features:
- Security system, Smoke Detectors
- Structure Type:
- Apartment
- Utilities:
- Natural Gas, Cable
- Appliances Included:
- Refrigerator, Dishwasher, Stove, Microwave, Hood Fan, Window Coverings
- Bedrooms:
- 5
- Bedrooms Above Grade:
- 5
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0
- Cooling:
- Central air conditioning
- Fireplace:
- No
- Heating:
- Forced air
- # Storeys:
- 1.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Basement:
- None
- Lot Frontage:
- 106'32.3 m
- Lot Features:
- Conservation/green belt, Paved Driveway, Recreational, No Pet Home
- Parking:
- Covered
- Total Parking Spaces:
- 1
- Floor
- Type
- Size
- Other
- Main level
- Bedroom
- 12'5"3.78 m × 8'3"2.51 m
- -
- Main level
- Bedroom
- 15'4"4.67 m × 8'3"2.51 m
- -
- Main level
- Bedroom
- 15'4"4.67 m × 8'5"2.57 m
- -
- Main level
- Bedroom
- 15'4"4.67 m × 8'5"2.57 m
- -
- Main level
- Primary Bedroom
- 15'4"4.67 m × 8'6"2.59 m
- -
- Main level
- Living room
- 17'2"5.23 m × 9'7"2.92 m
- -
- Main level
- Dining room
- 12'7"3.84 m × 9'8"2.95 m
- -
- Main level
- Kitchen
- 10'6"3.20 m × 8'8"2.64 m
- -
- Main level
- Foyer
- 9'11"3.02 m × 5'4"1.63 m
- -
- Floor
- Ensuite
- Pieces
- Other
- Main level
- No
- 3
- 4'8" x 8'3"
- Main level
- No
- 4
- 9'5" x 5'6"
-
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Listed by RE/MAX SOLID GOLD REALTY (II) LTD.
Data was last updated April 6, 2026 at 09:45 AM (UTC)
Area Statistics
- Listings on market:
- 66
- Avg list price:
- $1,150,000
- Min list price:
- $285,000
- Max list price:
- $1,875,000
- Avg days on market:
- 33
- Min days on market:
- 2
- Max days on market:
- 173
- Avg price per sq.ft.:
- $441.68
These statistics are generated based on the current listing's property type
and located in
417 - Beechwood/University. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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- RE/MAX REAL ESTATE CENTRE
- 1 (519) 8267109
- Contact by Email
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