Unknown for 271 Lester St #203, Waterloo Ontario N2L 3W6
Re-listed 27 days ago

271 Lester St #203, Waterloo, Ontario N2L 3W6

In the same building:
-
Condo
5
2
~1200-1399 sqft
$•••,•••
$549,900
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Condo
5
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market27 days

Total days on market
151 days

Estimated valueNot available

Price/Sqft$426/sqft

Monthly cost

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Description

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, underbed storage cabinets, dining table with chairs, couch, chairs, coffee table, window coverings, and lighting fixtures. Perfect for investors seeking are liable, high-demand rental property, OR A parent looking for a solid investment while their child attends U of W 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 Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX13482066
Community NameColumbia
Data SourceTRREB
Listing byRE/MAX Solid Gold Realty (II) Ltd

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Family

3.06 x 5.46

Br

4.67 x 2.52

2nd Br

2.51 x 3.75

3rd Br

4.67 x 2.55


Parking

Garage spaces -

Garage type -

Total parking spaces 1


2Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX Solid Gold Realty (II) Ltd, Brokerage
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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

30 days

Compared to

2025

53 days

2024

39 days

2023

34 days

New Listings

Past 30 days

61 listings

Compared to

2025

62 listings

2024

50 listings

2023

49 listings

Units sold

Past 30 days

16 units

Compared to

2025

17 units

2024

14 units

2023

25 units

Median Sold Price

Past 30 days

$415,000

Compared to

2025

$443,000

2024

$516,750

2023

$467,000


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget