For Sale: 203-271 Lester Street, Waterloo, ON - REW
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$549,900
5 bd 2 ba 1311 sf Apt/Condo

203 - 271 Lester StreetWaterloo, ON, N2L 3W6

  • 5 Bed
  • 2 Bath
  • 1311 Sqft
  • Apt/Condo

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!
Listed by: Cari Ann Hewick, RE/MAX SOLID GOLD REALTY (II) LTD.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$3,713
Strata Maintenance Fees
$697 Monthly
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
1
Parking Details
Asphalt
Property Type
Apt/Condo
Year Built
Built in 2009 (17 yrs old)
Style
1 Storey/Apt
Heating Type
Forced Air
Cooling
Central Air
Features
Carbon Monoxide Detector(s), Common Area, Elevator, High Speed Internet, Landscaped, Security System, Smoke Detector(s), Year Round Living
Amenities
Elevator(s)
Appliances
1 3-seat Couch, 1 Coffee Table, 2 Single Couches, 5 2-drawer Cabinets, 5 Beds W/ Mattresses, 5 Desks W/ Chairs, Dining Table W/ Chairs, Dishwasher, Furniture, Microwave, Range Hood, Refrigerator, Stove, Window Coverings
Agent details
Primary Agent
Primary Broker
RE/MAX SOLID GOLD REALTY (II) LTD.
Listing details
Days on REW
106 Days
Property Views
11
MLS® Number
40805201
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Waterloo Collegiate Institute
  • Public
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
St David Catholic Secondary School
  • Catholic
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
Cedarbrae Public School
  • Public
  • JK - 6
Keatsway Public School
  • Public
  • JK - 6
Centennial (Waterloo) Public School
  • Public
  • 7 - 8
Empire Public School
  • Public
  • JK - 6
Elizabeth Ziegler Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.