Key Facts
- MLS® #: X12806348
- Secondary MLS® #: 40805174
- Property ID: SIRC3123254
- Property Type: Residential, Condo
- Bedrooms: 5
- Bathrooms: 2
- Additional Rooms: Den
- Parking Spaces: 1
- Listed By:
- RE/MAX Solid Gold Realty (II) Ltd
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 occupancy and consistent income with a 6.23% Cap Rate.
Rooms
- TypeLevelDimensionsFlooring
- OtherMain8' 4.7" x 15' 4.2"Other
- BedroomMain8' 2.8" x 15' 4.2"Other
- BedroomMain8' 5.1" x 15' 4.2"Other
- BedroomMain12' 4.4" x 8' 2.4"Other
- BedroomMain8' 6.3" x 15' 4.2"Other
- BathroomMain4' 7.9" x 8' 2.4"Other
- BathroomMain9' 4.5" x 5' 6.1"Other
- KitchenMain8' 7.5" x 10' 5.5"Other
- Dining roomMain12' 7.5" x 9' 8.1"Other
- Family roomMain17' 2.2" x 9' 6.9"Other
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Location
271 Lester St #102, Waterloo, Ontario, N2L 3W6 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0

