Waterloo · Beechwood/University · Townhouse · MLS# 40805174
271 LESTER Street Unit# 102
5
bed
2
bath
1,307
sqft
2009
built
Townhouse · $436/sqft
Ask an agent about this propertyListed February 20, 2026
About this home.
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:59491)
The full record.
How this listing prices against Beechwood/University.
12
Sales
$565,500
Median price
29
Days on market
95.6%
% of list
105
Active listings
N/A
Months supply
Estimate the monthly carry.
Estimated monthly payment
$2,610
Estimate only. Excludes property tax, condo fees, and insurance.
Questions on this property?
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