A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 271 Lester St #102, Waterloo Ontario N2L 3W6
Re-listed 1 day ago

271 Lester St #102, 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)$3,461/yr

Maintenance fees$657/mo

Days On Market1 day

Total Days On Market279 days


Description

**Investment Opportunity With Positive Cash Flow. Earn Monthly Rental Income of $3,825**, LOW CONDO FEES! A Rare Unit With Parking (Carport) 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


Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12126034
Community NameColumbia
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

6.23 x 3.03

Open Concept / Window / Tile Floor

Kitchen

2.75 x 3.03

Open Concept / Tile Floor

Dining

2.8 x 3.03

Open Concept / Tile Floor

2nd Br

4.62 x 2.6


Parking

Garage spaces -

Garage type -

Total parking spaces 1


1Story
Amenities

Bike Storage

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
1 day on market
history photo preview19
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

49 days

Compared to

2024

32 days

2023

35 days

2022

13 days

New Listings

Past 30 days

46 listings

Compared to

2024

45 listings

2023

35 listings

2022

62 listings

Units sold

Past 30 days

5 units

Compared to

2024

15 units

2023

21 units

2022

18 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$415,000

2023

$488,000

2022

$542,500


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%

Schools and amenities

Estimated Budget