Turnkey Student Rental Investment Fully Furnished 5 Bed, 2 Bath at 261 Lester St. Prime opportunity to own in one of Waterloos most sought-after student rental buildings, just steps from the University of Waterloo. This spacious 5-bedroom, 2-bathroom unit is purpose-built for student living, offering a modern layout designed for comfort and convenience. Perfect for investors seeking a hands-off, income-generating property in a high-demand market. Currently leased to a group of A+ tenants (all female) on a secure 3-year lease term, this property provides immediate cash flow with excellent rental income. Professionally managed, the building is well-maintained and tailored to student needs, ensuring consistent demand year after year.
City: Waterloo
Located at 261 Lester Street Unit #101, this Waterloo condo was listed for $549,000. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $941 per month and taxes are approximately $3,892 annually. The property includes the following rooms: .
MLS#: undefined · $549,000 · 5 bedroom condo in Waterloo