Active$549,000
MLS# X12383368
261 Lester Street 101, Waterloo, ON N2L 3W6, Unit 101
Waterloo, ON N2L 3W6
5
Bedrooms
2
Bathrooms
0
Sq Ft
0
Year Built
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.
Property Type
Condo Apartment
Year Built
N/A
Lot Size
N/A
Garage
N/A
Basement
N/A
Heating
N/A
Cooling
N/A
Parking Spaces
N/A
Map View
261 Lester Street 101, Waterloo, ON N2L 3W6, Unit 101, Waterloo, ON
$549,000
Minimum 5% for homes under $500K, 20% to avoid CMHC insurance
Estimated Monthly Payment
$2,697
*Principal & Interest only. Does not include taxes or insurance.

Jagtar Singh
RE/MAX Realty Specialists Inc.
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