For Sale

308 Lester Street Unit# 406, Waterloo, Ontario N2L 0H9

$324,900

308 Lester Street Unit# 406, Waterloo, Ontario N2L 0H9 is For Sale and has a listing price of 324,900. The property is located in the Waterloo . It's been on the website for 35 Days.

  • 1
    Bedrooms
  • 1
    Bathrooms
  • MLS ID: X12434868
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Turn-key investment or the perfect starter condo in the heart of Waterloo’s University District! Unit 406 at 308 Lester offers a 1 bedroom, 1 bathroom, 465SF layout with a modern kitchen that has granite countertops and stainless steel appliances, in-suite laundry, laminate flooring throughout, and a private balcony. Consistently strong rental demand with walk-to-campus access (UW & WLU), steps to LRT, restaurants, and everyday amenities. Low-maintenance living in a professionally managed building perfect for hands-off ownership. Current rent: $2,000/month. Maintenance fees include high speed internet.

Property Details
  • Property Type: Condo
  • Listing Type: For Sale
  • Listing ID: X12434868
  • Price: $324,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Ref ID: X12434868
  • Approx Sqft: 0-499
  • Dir / Cross St: University Ave. W. > Lester St.
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
09/30/2025 X12434868 $324,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $805,179 Average List Price
    based on 1 year
  • 212 New Listings
    based on 30 days
  • 60 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.16 % Up
  • Sold (12mo) 655
  • Rented (12mo) 243

  • 1 Month Change +69.8%
  • 3 Month Change +85.5%
  • 6 Month Change +36.5%
Walkscore
  • 79 Walk Score
    Very Walkable
  • 70 Transit Score
    Excellent Transit
  • 92 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    45.1%
  • Commercial
    6.44%
  • Condo
    48.36%
  • Land for Sale
    0.1%
Additional Details
  • Heat Type Forced Air
  • Heat Source Other
  • Style Y
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen Y
  • Washrooms Type 1 # Pcs: 4
  • Taxes: $2,417
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30/60/Flexible
  • Listing Entry Date: 30/09/2025 17:37:05
  • Laundry Access: Ensuite
  • Condo Registry Office: WSCC
  • Locker: None
  • Property Mgmt Co: Wilson Blanchard (519) 620-8778
  • Condo Corp#: 663
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