203 271 Lester Street
Waterloo
Waterloo
N2L 3W6
$569,900
Residential Condo & Other
beds: 5
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- X12806244
- Bedrooms:
- 5
- Bathrooms:
- 2
- Photos (41)
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PARENTS! LOOKING FOR AN INVESTMENT while your child attends University? Cash Flowing 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!
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Home Style:
- 1 Storey/Apt
- Total Approx Floor Area:
- 1200-1399
- Lot Shape:
- Rectangular
- Exposure:
- East
- Bedrooms:
- 5
- Bathrooms:
- 2.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 2
- Fractional Ownership:
- No
- Zoning:
- (H) RN-12
- Assignment:
- No
- Heating type:
- Forced Air
- Heating Fuel:
- Electric
- Storey:
- 2
- Foundation:
- Concrete
- Roof:
- Flat
- Balcony:
- None
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- Surface
- Garage Spaces:
- 0.0
- Parking Features:
- Surface
- Parking Type:
- Owned
- Parking Spaces:
- 1
- Total Parking Spaces:
- 1.0
- Locker:
- None
- Family Room:
- Yes
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $696.7
- Maintenance fees include:
- Heat Included, Water Included, Building Insurance Included, CAC Included
- Assessment:
- $271,000
- Assessment Year:
- 2025
- Taxes:
- $3,713 / 2025
- Assessment:
- $271,000.00 / 2025
- Waterloo
- Waterloo
- Greenbelt/Conservation, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
- Carpet Free, Separate Hydro Meter, Ventilation System, Water Heater
- Carbon Monoxide Detectors, Concierge/Security, Security System, Heat Detector, Smoke Detector
- No
- None
- Dishwasher, Furniture, Microwave, Range Hood, Refrigerator, Stove, Refrigerator, Hood Fan, Stove, Dishwasher, ELFS, Window Coverings, 5 Beds With Mattresses, 5 Desks With Chairs, 5 2-Drawer Cabinets, Dining Table With Chairs, 1 3-Seat Couch, 2 Single Couches, 1 Coffee Table, Microwave
- Tenant's Belongings
- Brick
- Yes
- No
- None
- Floor
- Type
- Size
- Other
- Main
- Bedroom
- 15'4"4.67 m × 8'3¼"2.52 m
- Main
- Bedroom 2
- 12'4"3.76 m × 8'3"2.51 m
- Main
- Bedroom 3
- 15'4"4.67 m × 8'4"2.54 m
- Main
- Bedroom 4
- 15'4"4.67 m × 8'7½"2.63 m
- Main
- Bedroom 5
- 15'4¼"4.68 m × 8'7"2.62 m
- Main
- Kitchen
- 12'5"3.78 m × 9'3"2.82 m
- Main
- Dining Room
- 12'4"3.76 m × 7'10"2.39 m
- Main
- Family Room
- 17'11"5.46 m × 10'½"3.06 m
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 3
- 8'2" x 4'9" 3 Pc Bath
- Main
- No
- 4
- 8'11" x 5'5¾" 4 Pc Bath
- UFFI:
- No
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- In Building
- Laundry Level:
- Main Level
- Condo Corporation Number:
- 586
- Property Management Company:
- WILSON BLANCHARD
- Date Listed:
- Feb 20, 2026
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Larger map options:
Listed by RE/MAX Solid Gold Realty (II) Ltd
Data was last updated April 9, 2026 at 04:15 PM (UTC)
Area Statistics
- Listings on market:
- 165
- Avg list price:
- $409,900
- Min list price:
- $219,900
- Max list price:
- $2,268,888
- Avg days on market:
- 41
- Min days on market:
- 2
- Max days on market:
- 511
These statistics are generated based on the current listing's property type
and located in
Waterloo. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Bosley Real Estate
- 1 (416) 322-8000
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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