A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building 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
$•••,•••
$599,999
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Condo
5
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$464/sqft

Est. Mortgage$2,577/mo

Tax Amount (2024)$3,448/yr

Maintenance fees$657/mo

Days On Market27 days

Total Days On Market306 days


Description

**Investment Opportunity With Positive Cash Flow. Earn Monthly Rental Income of $3936**, LOW CONDO FEES! A Rare Unit With Parking In A Highly Sought-After Building! Turn-Key Investment With Zero Property Management Fees, Maximizing Your Cash Flow! Unit Provides 5 Bedrooms, 2 Baths, Spacious Living, Dining & Kitchen, Fully Furnished Living Spaces & Rooms With Large Windows & Cabinet Drawers That Can Be Placed Under Each Bed For Additional Living Space. Steps To Waterloo University Campus & Laurier. Safe Building W/ 24 Hour Security Surveillance, Attracting The Best Students, No Vacancies! Walking Distance To Shopping, Restaurants, And Many Other Amenities. Book A Showing Today, A Must See For Any Long-Term Investment Portfolio! **EXTRAS** 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

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12126011
Community NameColumbia
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Br

3.58 x 2.5

Bathroom

1.68 x 1.84

4 Pc Bath / Tile Floor

Living

5.42 x 3.02

Open Concept / Window / Tile Floor

Kitchen

3.76 x 2.8

Open Concept / Tile Floor


Parking

Garage spaces -

Garage type -

Total parking spaces 1


2Story
Amenities

Bike Storage

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
27 days on market
history photo preview12
Listing by trreb®
Property listed by EXP REALTY, 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

43 days

Compared to

2024

32 days

2023

29 days

2022

20 days

New Listings

Past 30 days

90 listings

Compared to

2024

66 listings

2023

57 listings

2022

59 listings

Units sold

Past 30 days

7 units

Compared to

2024

12 units

2023

26 units

2022

21 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$492,500

2023

$506,500

2022

$490,000


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
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