REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Isaac Rosebrugh

isaac@inspiredbroker.com +1(519) 754-6611

Listed by Cari Ann Hewick • RE/MAX SOLID GOLD REALTY (II) LTD.

$549,900

Est. payment - /mo

5 Beds

2 Baths

1,307 SqFt

Save

UPDATED:

Key Details

Property Type Condo

Sub Type Condo/Apt Unit

Listing Status Active

Purchase Type For Sale

Square Footage 1,307 sqft

Price per Sqft $420

MLS Listing ID 40805174

Style 1 Storey/Apt

Bedrooms 5

Full Baths 2

HOA Fees $696/mo

HOA Y/N Yes

Abv Grd Liv Area 1,307

Year Built 2009

Annual Tax Amount $3,726

Property Sub-Type Condo/Apt Unit

Source Cornerstone

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 possession and consistent income with a 6.23% Cap Rate.

Location

Province ON

County Waterloo

Area 4 - Waterloo West

Zoning (H) RN-12

Direction University to Lester

Rooms

Other Rooms None

Basement None

Main Level Bedrooms 5

Kitchen 1

Interior

Interior Features High Speed Internet, Elevator

Heating Forced Air

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Microwave, Range Hood, Refrigerator, Stove

Laundry Common Area

Exterior

Exterior Feature Landscaped, Year Round Living

Parking Features Asphalt

Utilities Available Cable Connected, Natural Gas Connected, Recycling Pickup, Street Lights

Roof Type Flat

Lot Frontage 105.84

Lot Depth 135.2

Garage No

Building

Lot Description Urban, Rectangular, City Lot, Greenbelt, Hospital, Library, Park, Place of Worship, Public Parking, Public Transit, Schools, Shopping Nearby

Faces University to Lester

Foundation Concrete Perimeter

Sewer Sewer (Municipal)

Water Municipal

Architectural Style 1 Storey/Apt

Structure Type Brick

New Construction No

Schools

High Schools Wilfred Laurier, University Of Waterloo, Conestoga College

Others

HOA Fee Include Insurance,Building Maintenance,C.A.M.,Common Elements,Doors ,Maintenance Grounds,Heat,Internet,Gas,Trash,Property Management Fees,Roof,Snow Removal,Water,Water Heater

Senior Community No

Tax ID 235860002

Ownership Condominium

Read Less Info

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Isaac Rosebrugh

+1(519) 754-6611

REALTOR®

271 Lester Street #102 Waterloo, ON N2L 3W6

Isaac Rosebrugh

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others