102 271 Lester Street in Waterloo: 417 - Beechwood/University Condo/Apt Unit for sale (4

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.

General Info:

Property Type:: Residential

Property SubType:: Condo/Apt Unit

Year built:: 2009 (Age: 17)

Listing General Location:: 417 - Beechwood/University, 4 - Waterloo West

Bedrooms:: 5

Bathrooms:: 2.0 (Full:2/Half:0)

Lot Details:: 105.84 x 135.2

Lot Depth:: 135'2"41.2 m

Lot Frontage:: 105'10"32.3 m

Frontage Type:: East

Kitchens:: 1

Home Style:: Apartment

High School:: Wilfred Laurier, University Of Waterloo, Conestoga College

County Or Parish:: Waterloo

Taxes:: Signup

Additional Info:

Property Attached:: Attached

Features:: Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Local Improvement Fees Exist: No, New Construction: No

Construction:: Brick

Basement:: None

Foundation:: Concrete Perimeter

UFFI:: No

Roof:: Flat

Entry Level:: 1

Number of Buildings:: 0

Other Structures:: None

Total Floor Area:: 1,307 sq. ft.121 m2

# Main Level Bedrooms:: 5

# Main Level Bathrooms:: 2

Finished Area Above Grade:: 1,307 sq. ft.121 m2

Fireplace:: false

Fireplace Stove Operational:: No

Laundry Features:: Common Area

Water Supply:: Municipal

Water Meter:: Yes

Water Treatment:: Water Softener

Winterized:: Fully Winterized

Sewer:: Sewer (Municipal)

Cooling:: Central Air

Heating:: Forced Air

Features Included:

Dishwasher,Furniture,Microwave,Range Hood,Refrigerator,Stove,Window Coverings,5 Beds W/ Mattresses, 5 Desks W/ Chairs, 5 2-Drawer Cabinets, Dining Table W/ Chairs, 1 3-Seat Couch, 2 Single Couches, 1 Coffee Table

Appliances Included:

Dishwasher, Microwave, Range Hood, Refrigerator, Stove

Features Excluded:

Tenants Belongings

Interior Features:

High Speed Internet, Elevator

Window Features:

Window Coverings

Exterior Features:

Landscaped, Year Round Living

Association Amenities:

Elevator(s)

Waterfront:

false

Docking:

Directions:

University to Lester

Restrictions:

None

Senior Community:

Security Features:

Carbon Monoxide Detector(s), Security System, Smoke Detector(s)

Pets Allowed:

Room Information:

Floor
Type
Size
Other

Main Floor

Bathrooms:

Floor
Ensuite
Pieces
Other

Main Floor

Financial Info:

HST Applicable To Sale Price:: Included

Association Fee:: Signup

Association Fee Frequency:: Signup

Association Fee 2:: Signup

Association Fee 2 Frequency:: Signup

Association Fee Includes:: Insurance,Building Maintenance,C.A.M.,Common Elements,Doors ,Maintenance Grounds,Heat,Internet,Gas,Trash,Property Management Fees,Roof,Snow Removal,Water,Water Heater

Administrative Fee:: Signup

Features:: Attached Garage: No, Crops Included: No, Garage: No, Common Elements Fee: No, Local Improvement Fees Exist: No, New Construction: No

Road Access Fee:: Signup

Condo Corporation Number:: 586

Condo Corporation:: Yes

Legal Info:

Zoning:: (H) RN-12

Land Info:

Total Acres:: 14315

Utilities:: Cable Connected, Natural Gas Connected, Recycling Pickup, Street Lights

Exposure / Faces:: West

Lot Site Features:: Urban, Rectangular, City Lot, Greenbelt, Hospital, Library, Park, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby