102-271 Lester Street, Waterloo, ON

Waterloo
University/Lester/Hickory
5 Br | 2 Bath | 1200-1399 Sqft
$549,900 For Sale

Property Overview

  • Condo Apartment — 1 Storey/Apt
  • SqFt: | 1200-1399 Sqft
  • Monthly Fee: $697/mo
  • Fee Includes: Building Insurance Included, Common Elements Included
  • Exposure: East
  • Balcony: None
  • Locker: None
  • Ensuite Laundry: No
  • Age: n/a
  • Taxes: 3,726 / 2025
  • MLS #: X12806348
  • Heat Source: Electric , Forced Air

Property Description

Prime Investment Opportunity - Fully Furnished 5-Bedroom Unit Near Universities. Monthly Rental Income: $4,300 | Low Condo Fees | Covered 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, this unit offers immediate occupancy and consistent income with a 6.23% Cap Rate.

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

Property Details

  • For: For Sale
  • Type: Condo Apartment
  • Style: 1 Storey/Apt
  • Region: Waterloo
  • Hood: Waterloo
  • Pets Allowed: No
  • Senior Community: No

Building Details

  • Condo Corp #: 586
  • Association: WSCP
  • Management: Wilson Blanchard
  • Age: n/a
  • Exterior: Brick
  • Heat: Electric , Forced Air
  • A/C: Central Air
  • Total Parking: 1.00
  • Parking Features: Covered
  • Locker: None

Property Interior

  • Sqft: 1200-1399 Sqft
  • Bed: 5
  • Bath: 2
  • Kitchen: 1
  • Ensuite Laundry: No
  • Interior Features: Carpet Free, Separate Hydro Meter, Ventilation System, Water Heater
Rooms Details

Primary Bedroom

Main Level

4.68 x 2.56

Bedroom 2

Main Level

4.68 x 2.51

Bedroom 3

Main Level

4.68 x 2.57

Bedroom 4

Main Level

2.5 x 3.77

Bedroom 5

Main Level

4.68 x 2.6

Bathroom

Main Level

2.5 x 1.42

3 Pc Bath

Bathroom

Main Level

1.68 x 2.86

4 Pc Bath

Kitchen

Main Level

3.19 x 2.63

Dining Room

Main Level

2.95 x 3.85

Family Room

Main Level

2.92 x 5.24

Property Listed by: RE/MAX Solid Gold Realty (II) Ltd
Virtual Tour: n/a

Home Valuation Estimate

What is 102-271 Lester Street, Waterloo, ON worth in today’s Waterloo condo market?

This HomeZira valuation preview helps buyers and sellers review the asking price for this 5-bedroom Condo Apartment with 1200-1399 sq. ft. in Waterloo. The full estimate considers the condo’s location, property type, bedroom count, size range, building age, maintenance fee, and nearby comparable market activity after sign-in.

Condo-specific estimate See a valuation range built around this unit’s local condo profile.
Comparable condo context Review how similar nearby condo units help frame market value.
Fee and building factors Consider size, age, bedroom count, parking, locker, and maintenance-fee context.

This listing shows a $697/mo maintenance fee, which can be an important part of condo value comparison because monthly costs affect affordability and buyer demand.

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Location

  • Address: 102-271 Lester Street
  • Neighborhood: n/a
  • Zip/Postal Code: N2L 3W6
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Mortgage Calculator

Mortgage Amount:$0
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*Monthly total = monthlyized mortgage payment + taxes/12 + condo fee.

About 102-271 Lester Street, Waterloo

Located at 102-271 Lester Street, Waterloo, ON (Waterloo), near University/Lester/Hickory, this condo offers a balanced mix of comfort and day-to-day practicality. Inside, you’ll find Condo Apartment · 1 Storey/Apt, 5 bedrooms, 2 bathrooms and approximately 1200-1399 sq.ft. of interior space. East exposure for consistent daylight, with an none balcony that extends the living space outdoors. Everyday convenience includes 1 underground parking spot, an owned locker and ensuite laundry: No. The condominium budget is straightforward, with monthly fees of $697/mo and coverage for Building Insurance Included, Common Elements Included. The building is TSCC #586 and Wilson Blanchard managing the property. It is currently listed at $549,900. MLS® X12806348.

Condo FAQs for 102-271 Lester Street, Waterloo, ON , Waterloo

What are the listing details for 102-271 Lester Street, Waterloo, ON?
102-271 Lester Street, Waterloo, ON is a Condo Apartment for sale in Waterloo, Waterloo. The current list price is $549,900. MLS number: X12806348.
How many bedrooms and bathrooms does this condo have?
102-271 Lester Street, Waterloo, ON is listed as a Condo Apartment with a ["1 Storey\/Apt"] style, featuring 5 bedroom(s) and 2 bathroom(s). The listed interior size range is 1200-1399 sq. ft..
What is the monthly condo fee for this listing?
The listed monthly maintenance fee is $697/mo. The listing shows the fee includes: ["Building Insurance Included","Common Elements Included"].
What parking, locker, balcony, and exposure details are shown?
Total parking is listed as 1 space(s). Locker is listed as: None. Balcony type is listed as: None. Exposure is listed as: East.
What building or condo corporation details are listed?
Condo corporation number: 586. Property management company: Wilson Blanchard.
Where is this condo located?
102-271 Lester Street, Waterloo, ON is located in Waterloo. The listed cross street is University/Lester/Hickory. Annual taxes are listed as $3,726 / 2025. The public listing page shows active listing information only and does not include sold prices in this FAQ.

FAQ content is based on current active condo listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.