306 - 246 LESTER Street
Waterloo, Ontario
2 bed • 2 bath • Single Family
Welcome to this newly built 1 Bedroom +1 Den condominium in one of Waterloo’s most desirable locations! The versatile den can easily serve as a second bedroom, home office, or study space, making it ideal for students, young professionals, and investors alike. Enjoy modern open-concept living with floor-to-ceiling windows and a rare wraparound balcony offering additional outdoor space and beautiful city views. This stylish suite is located just steps from the University of Waterloo, Wilfrid Laurier University, and Waterloo Collegiate Institute, providing exceptional convenience and accessibility. Residents have access to premium amenities including a rooftop terrace, fitness centre, party room, bicycle storage, and guest suite. The unit can also be offered fully furnished for added convenience. Situated in the heart of the city, you'll be within walking distance to restaurants, cafés, shopping, the ION LRT, and public transit, making everyday living effortless. Don't miss this outstanding opportunity to live in a vibrant and growing community.
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.7 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1.2 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School0.8 km
Public · Waterloo Region DSB · 510 students
- Winston Churchill Public School1.4 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Our Lady of Lourdes Catholic Elementary School1.6 km
Catholic · Waterloo CDSB · 385 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 45% 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
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,029
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,029 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$81,000
Estimated Monthly Payment
$1,990
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,990/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $101/mo
Estimates only. Consult a financial advisor.
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