112 - 308 LESTER Street
Waterloo, Ontario
- 699 sqft
- Other
This is where it is all happening... If you want a thriving location for your business, be sure to take a closer look at this opportunity to own commercial real estate space in the most desirable Sage Platinum II Building which is walking distance to University of Waterloo & Wilfred Laurier University. Situated within the heart of the Waterloo Student Zone this unit has an abundance of potential for your business venture. With an estimated 19,000 students at WLU & over 33,000 students at U of W, there is a constant flow of traffic generated within this area. If you are looking for that location with exposure for a Health & Beauty, Hospitality or Food or simply a service retail or office location, this one demands more attention. At ground level this location consumes walking traffic by students and passersby. Book an appointment to view this property and see the many reasons why this could be your next location. This unit also offers 2 entrances, a front & side which increased potential. Currently operating under lease as a Cannabis store with long term rent
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.6 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1.1 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.9 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School1.1 km
Public · Waterloo Region DSB · 510 students
- Winston Churchill Public School1.1 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Cedarbrae Public School1.7 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Retail in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,039
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,039 recorded sales of retail properties in Waterloo over the last 12 months.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$104,000
Estimated Monthly Payment
$2,555
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,555/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $130/mo
Estimates only. Consult a financial advisor.
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