NewFor Sale

Unit 511 - 308 Lester Street
Waterloo, Waterloo, ON, N2L 3W7

Condo Apartment
TRREB
MLS® Number: X13751246
Estimated Value
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$285,000List Price
1Bedrooms
1Bathrooms
0Garages
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Listing History

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Current valuation for 308 Lester Street 511, Waterloo, ON N2L 3W7. Listed for $285,000 on 2026-11-02

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Description

Welcome to a prime parent-owner opportunity in Waterloo's coveted university district. This stylish 1-bedroom, 1-bathroom condo is perfectly positioned for families planning ahead: currently tenanted until August 27, 2027, it offers immediate rental income while you prepare for your child's arrival at the UW or WLU in September 2027. Start collecting rent now, then transitioning seamlessly to a safe, modern, independent living space for your child next September - all while building equity in one of Ontario's most resilient real estate markets. Located just a 10-minute walk from both UW and WLU lecture halls and steps from the UW LRT Station, this unit eliminates commute stress and places your child at the heart of campus life. Inside, enjoy premium finishes including granite countertops, stainless-steel appliances, in-suite laundry, high ceilings, modern neutral tones, laminate flooring throughout, a spacious bedroom with large closet, and a private balcony with great views. Building amenities are designed for student success and comfort, with the included fibre-optic internet service, on-site fitness facility, social lounge, rooftop terrace, secure bike storage, and professional on-site management. Low condo fees cover most essentials (all except hydro), and the unit comes fully furnished - including all appliances, window coverings, and furniture - making it truly turnkey. Lock in today's price, avoid the uncertainty of unreliable roommates or subpar rentals, and give your child a clean, modern, and secured environment where they can thrive academically. With parks, shopping, dining, and transit all within walking distance, this unit delivers everything a student needs, and everything a parent wants. Don't miss this rare chance to safeguard your child's future and your family's financial advantage in one of Waterloo's highest-demand student housing markets. This isn't just an investment; it's a smart family strategy.

Features

School

Amenities

Bike StorageExercise RoomRooftop Deck/GardenVisitor Parking

Summary

Tax:$2,520.78 / 2026
Listing #:X13751246
Property Type:Condo Apartment, Apartment
Maintenance:$319.08/month
Building Age:6-10
Size:0-499 feet²
Exposure:West
Days on CPRB:
Garage:Surface
Locker:None
On CPRB Since:
Listing Brokerage:CITYSCAPE REAL ESTATE LTD.

Rooms

Details

Property

Property Type:Condo Apartment
Style:Apartment
Municipality:Waterloo

Building

Size:0-499 feet²
Building Age:6-10
Construction:Brick, Concrete

Inside

Bedrooms:1
Bedrooms Above Grade:1
Bathrooms:1
Bathrooms Detail:1, 4pc Main floor
Kitchens:1
Rooms:4
Family Room:No
Appliances Included:None
Basement:None

Parking

Driveway:Surface
Garage Type:Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Central Air
Heating Type:Forced Air
Heating Fuel:Other

Highlights

Pets Allowed:Yes-with Restrictions

Land

Cross Street:Lester Street and Hickory Street West

$285,000

List price

Unit 511 - 308 Lester Street, Waterloo – Condo Apartment for sale