$549,000
Available - For Sale
Listing ID: X12383368
261 Lester Stre , Waterloo, N2L 3W6, Waterloo
| Turnkey Student Rental Investment Fully Furnished 5 Bed, 2 Bath at 261 Lester St. Prime opportunity to own in one of Waterloos most sought-after student rental buildings, just steps from the University of Waterloo. This spacious 5-bedroom, 2-bathroom unit is purpose-built for student living, offering a modern layout designed for comfort and convenience. Perfect for investors seeking a hands-off, income-generating property in a high-demand market. Currently leased to a group of A+ tenants (all female) on a secure 3-year lease term, this property provides immediate cash flow with excellent rental income. Professionally managed, the building is well-maintained and tailored to student needs, ensuring consistent demand year after year. |
| Price | $549,000 |
| Taxes: | $3891.75 |
| Occupancy: | Tenant |
| Address: | 261 Lester Stre , Waterloo, N2L 3W6, Waterloo |
| Postal Code: | N2L 3W6 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | University/Lester |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | Ceramic Floor, Window | ||
| Room 2 | Main | Kitchen | Ceramic Floor, Open Concept, Eat-in Kitchen | ||
| Room 3 | Main | Bedroom | Broadloom, Window, Closet | ||
| Room 4 | Main | Bedroom | Broadloom, Window, Closet | ||
| Room 5 | Main | Bedroom | Broadloom, Window, Closet | ||
| Room 6 | Main | Bedroom | Broadloom, Window, Closet | ||
| Room 7 | Main | Bedroom | Broadloom, Window, Closet |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Washrooms: | 2 |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REALTY SPECIALISTS INC. |
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|
Evan Penney-Matheson
Sales Representative
Dir:
647 215 2060
Bus:
905 723 5944
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Condo Apartment |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | Apartment |
| Tax: | $3,891.75 |
| Maintenance Fee: | $941.24 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
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