For Sale

246 Lester Street Unit# 709, Waterloo, Ontario N2L 0H1

$538,000

246 Lester Street Unit# 709, Waterloo, Ontario N2L 0H1 is For Sale and has a listing price of 538,000. The property is located in the Waterloo . It's been on the website for 122 Days.

  • 3
    Bedrooms
  • 2
    Bathrooms
  • MLS ID: X12107493
  • Office Name RE/MAX EXCEL REALTY LTD.
Property Description

Prime Investment Opportunity | Heart of Waterloo | Low Maintenance Fee. Located in the vibrant heart of Waterloo, this 5-year-new high-rise condo offers unbeatable convenience just steps from the University of Waterloo and Wilfrid Laurier University, making it a perfect choice for students and savvy investors alike.Perched on a high floor, this bright south-east corner unit boasts 896 sq.ft. of functional living space, set as three of the largest bedrooms in the building and two full bathrooms ideal for shared living.The unit comes fully furnished and move-in or rental ready. Enjoy access to a wide range of amenities, with shopping plazas, restaurants, libraries, and public transit right at your doorstep.With low maintenance fees and consistently strong rental demand, this is a rare opportunity to secure a high-return investment with excellent cash flow.

Property Details
  • Property Type: Condo
  • Listing Type: For Sale
  • Listing ID: X12107493
  • Price: $538,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Ref ID: X12107493
  • Approx Sqft: 800-899
  • Dir / Cross St: University & Lester
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 0-5
  • Property Sub Category: Condo
Price History
List Date MLS ID List Price Status End Date Closed Price
08/18/2025 X12350833 $3,300 For Rent - -
07/07/2025 X12266403 $3,350 For Rent 08/18/2025 -
04/28/2025 X12107493 $543,000 For Sale - -
08/22/2024 X9265728 $3,500 Rented 09/08/2024 $3,350
07/17/2024 X9042669 $3,800 Ter 12/31/2024 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Waterloo
  • $803,906 Average List Price
    based on 1 year
  • 272 New Listings
    based on 30 days
  • 64 Median Days on Market
    based on 1 year
  • List vs. Selling Price 113.6 % Up
  • Sold (12mo) 627
  • Rented (12mo) 238

  • 1 Month Change +25.2%
  • 3 Month Change -10.2%
  • 6 Month Change -12.6%
Walkscore
Property Type Distribution
  • All Houses
    45.24%
  • Commercial
    6.42%
  • Condo
    48.24%
  • Land for Sale
    0.11%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style Apartment
  • Washroom Type1: 2
  • Heating System Y
  • Garage Type Surface
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen Y
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $1,578
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 28/04/2025 14:01:34
  • Laundry Access: Ensuite
  • Condo Registry Office: WSCC
  • Locker: Owned
  • Locker #: 1
  • Locker Level: A
  • Locker Unit: 5
  • Property Mgmt Co: Waterloo Standard Condominium Corporation
  • Condo Corp#: 719
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