Mehdi Moghareh Abed, Sales Representative

$599,999

Available - For Sale

Listing ID: X12126034

271 Lester Stre , Waterloo, N2L 3W6, Waterloo

**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

Price	$599,999
Taxes:	$3461.20
Occupancy:	Tenant
Address:	271 Lester Stre , Waterloo, N2L 3W6, Waterloo
Postal Code:	N2L 3W6
Province/State:	Waterloo
Directions/Cross Streets:	University Ave/Lester St

Level/Floor

Room

Length(ft)

Width(ft)

Descriptions

Room 1

Main

Living Ro

20.43

9.94

Open Concept, Window, Tile Floor

Room 2

Main

Kitchen

9.02

9.94

Open Concept, Tile Floor

Room 3

Main

Dining Ro

9.18

9.94

Open Concept, Tile Floor

Room 4

Bedroom

15.15

8.33

Room 5

Main

Bedroom 2

15.15

8.53

Room 6

Main

Bedroom 3

15.15

8.23

Room 7

Main

Bedroom 4

15.15

8.36

Room 8

Main

Bedroom 5

12.14

8.2

Room 9

Main

Bathroom

4.69

5.54

3 Pc Bath, Tile Floor

Room 10

Main

Bathroom

5.71

5.51

4 Pc Bath, Tile Floor

Washroom Type

No. of Pieces

Level

Washroom Type 1

Main

Washroom Type 2

Main

Washroom Type 3

Washroom Type 4

Washroom Type 5

Washroom Type 6

Main

Washroom Type 7

Main

Washroom Type 8

Washroom Type 9

Washroom Type 10

Total Area:

0.00

Sprinklers:	Secu
Washrooms:	2
Heat Type:	Forced Air
Central Air Conditioning:	Central Air

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Asking Price:

Heating:

$ /Year

Interest Rate:

Condo Fee:

$ /Year

Taxes:

$ /Year

Other Debt:

$ /Year

Amortization:

Years

GDS:

TDS:

Percent Down:
Down Payment	$29,999.95	$59,999.9	$89,999.85	$119,999.8
First Mortgage	$569,999.05	$539,999.1	$509,999.15	$479,999.2
CMHC/GE	$22,799.96	$16,739.97	$14,279.98	$0
Total Financing	$592,799.01	$556,739.07	$524,279.13	$479,999.2
Monthly P&I	$2,925.36	$2,747.41	$2,587.22	$2,368.71
Expenses	$0	$0	$0	$0
Total Payment	$2,925.36	$2,747.41	$2,587.22	$2,368.71
Income Required	$109,700.85	$103,027.75	$97,020.85	$88,826.6

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

EXP REALTY

Listing -1 of 0

Mehdi Moghareh Abed

Sales Representative

Dir:

647-937-8237

Bus:

905-731-2000

Fax:

905-886-7556

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At a Glance:

Type:	Com - Condo Apartment
Area:	Waterloo
Municipality:	Waterloo
Neighbourhood:	Dufferin Grove
Style:	Apartment
Lot Size:	x 0.00()
Approximate Age:
Tax:	$3,461.2
Maintenance Fee:	$656.65
Beds:	5
Baths:	2
Garage:	0
Fireplace:	N
Air Conditioning:
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