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271 Lester Street 301, Waterloo, ON N2L 3W6, Waterloo | 5 Bed Condo for Sale | MLS® X14081834 | CondoPoint

$545,900

271 Lester Street 301, Waterloo, ON N2L 3W6

5Bedrooms

2Bathrooms

1Parking

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityWaterloo

NeighbourhoodWaterloo

Days on Market13 Days

ExposureEast

Property Description

Fully tenanted five-bedroom condo steps from both the University of Waterloo and Wilfrid Laurier University - a turnkey investment generating income from day one. All five rooms are currently leased at $4,550 per month in gross rent, so you step into immediate, predictable cash flow with no lease-up period. The economi...

Property Details

Construction MaterialsBrick Veneer, Concrete

Approximate Age0

MLS StatusNew

MLS #X14081834

Annual Taxes$3,891

Maintenance Fees$696.71

Maintenance Fee IncludesHeat Included, Water Included, Parking Included, Building Insurance Included

Cross StreetsLester / University

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

Exterior Features

Architectural StyleCondo Apartment

Garage TypeSurface

Pets AllowedYes-with Restrictions

ElevatorYes

Exterior FeaturesBrick Veneer, Concrete

Building & Property Amenities

heat included

water included

parking included

building insurance included

Comprehensive Specifications

AreaWaterloo

Assessment Year2025

Bedrooms Above Grade5

Central Vacuum Y Nfalse

Co List Office NameRE/MAX HALLMARK REALTY LTD.

Co List Office Phone416-494-7653

Contact After Expiry Y Nfalse

Contract StatusAvailable

Den Familyroom Y Ntrue

DirectionsLester / University

Energy Certificatefalse

Ensuite Laundry Y Nfalse

ExclusionsPhotos are from a previous listing - unit is currently tenanted, but well kept!

Garage Y Ntrue

Geocode Attempts0

Geocode SourceNOMINATIM

Geocode StatusPENDING

InclusionsStove, Fridge, Dishwasher, Existing Window Coverings, Existing Light Fixtures (Ask LA for Furniture items included)

Kitchens Above Grade1

Kitchens Total1

Legal Stories3

List A O RToronto Regional Real Estate Board

Living Area Range1200-1399

Lockfalse

Lot Size SourceMPAC

Parking Type1Owned

Permission To Contact Listing Broker To Advertisetrue

Possession Date2026-12-01

Possession DetailsFlexible

Possession TypeFlexible

Property Management CompanyWilson Blanchard

Rooms Above Grade7

Senior Community Y Nfalse

Sign On Property Y Nfalse

Square Foot SourceMPAC

Status Certificate Y Nfalse

Street SuffixStreet

Tax Year2026

Unit Number301

Vendor Property Info Statementfalse

Washrooms Type12

Washrooms Type1 Pcs3

Map

Rooms

Room details are not available for this property.

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,857 / month

Req. Household Income

$126,797/yr

Est. Upfront Cash

$34,483

Down Payment (5.4%)$29,590

5.4% ($29,590)50% ($272,950)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,836

Property Taxes

$324

Maintenance Fees

$697

Req. Household Income (32% GDS):$126,797/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.

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Contact Agent

Tariq Janjua

Broker

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