271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo
  • 271 LESTER Street Unit# 303 Waterloo

271 LESTER Street Unit# 303, Waterloo, Ontario

$549,900

  • 5 Beds
  • 2 Baths
  • 1,311 Square Feet

Student housing investment property located on Lester Street in Waterloo, within a 10-minute walk to the University of Waterloo and Wilfrid Laurier University. This 5-bedroom, 2-bathroom unit is set up for student rentals and includes a shared common area with kitchen, in-building laundry, and 1 surface parking space. Currently 3 of the 5 rooms are rented, providing immediate rental income with the ability to lease the remaining rooms. Estimated gross income ranges from approximately $35,000 to $47,000 per year depending on rental rates and occupancy. This is a strong opportunity for real estate investors looking for consistent rental demand in the Waterloo student housing market. The location is close to public transit, the ION light rail, restaurants, grocery stores, and campus amenities, making it highly attractive to tenants. This property is also a practical option for parents. A parent can purchase the unit for their child to live in while renting out the other 4 bedrooms to help offset costs and build equity. Don't miss out and book your showing today! (id:23309)

  • Listing ID: 40822504
  • Property Type: Single Family
  • Year Built: 2009

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Rooms

LevelTypeDimensions
Main LevelFamily Room9'11'' x 17'11''
Main LevelKitchen9'2'' x 12'2''
Main LevelDining Room7'4'' x 12'2''
Main Level4pc Bathroom8'6'' x 5'6''
Main Level3pc Bathroom8'1'' x 4'7''
Main LevelBedroom15'4'' x 8'5''
Main LevelBedroom15'4'' x 8'6''
Main LevelBedroom15'4'' x 8'4''
Main LevelBedroom8'1'' x 12'3''
Main LevelBedroom15'4'' x 8'3''

Details

  • Amenities Nearby: Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
  • Communication: High Speed Internet
  • Features: Conservation/green belt, No Pet Home
  • Maintenance Fee: 696.70
  • Maintenance Fee Type: Insurance, Common Area Maintenance, Heat, Landscaping, Property Management, Water, Residential Manager
  • Maintenance Fee Payment Unit: Monthly
  • Ownership: Condominium
  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: (H) rn-12

Building

  • Appliances: Dishwasher, Refrigerator, Stove, Hood Fan
  • BasementType: None
  • Bedrooms Main Level: 5
  • Constructed Date: 2009
  • Construction Style Attachment: Attached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors, Security system
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1311 sqft
  • Stories Total: 1
  • Type: Apartment
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system

This property for sale is located at 271 LESTER Street Unit# 303 in Waterloo. It was last modified on May 5th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Waterloo properties for sale.

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