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Basara.

Waterloo · Beechwood/University · Townhouse · MLS# 40805201

271 LESTER Street Unit# 203

$569,900

5

bed

2

bath

1,311

sqft

2009

built

Townhouse · $435/sqft

Ask an agent about this property

Listed February 20, 2026

About this home.

PARENTS LOOKING FOR AN INVESTMENT While your child attends UofW or Laurier this Fall? Prime Investment Opportunity – Fully Furnished 5-Bedroom Unit Near Universities. Potential Monthly Rental Income: $4,300+/mth | Low Condo Fees | 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, OR A parent looking for a solid investment while their child attends UofW or Laurier! Can be available for your child looking to attend University in the fall. You can't beat the location - hurry before it's gone! (id:59491)

The full record.

Property typeTownhouse
Year built2009
Square footage1,311 sqft
Lot size0
Bedrooms5
Bathrooms2
HeatingForced air
CoolingCentral air conditioning
ListedFebruary 20, 2026

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

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($113,980)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$2,610

Principal$455,920
Total interest$327,014
Total paid$782,934

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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271 LESTER Street Unit# 203, Waterloo — $569,900