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505 - 280 LESTER Street

505 - 280 LESTER Street

Waterloo, Ontario

2 bed • 1 bath • Single Family

$369,900

Vacant, ONE BEDROOM + DEN condo featuring an oversized BALCONY and ONE UNDERGROUND PARKING SPACE! Welcome to the contemporary Sage V Condos, ideally located just steps from both the University of Waterloo and Wilfrid Laurier University, with restaurants, shopping, transit, and everyday amenities right at your doorstep. This beautifully maintained suite offers a spacious open-concept layout designed for comfortable living and entertaining. The modern kitchen features granite countertops, stainless steel appliances, a large island, and plenty of storage space. The bright living area opens onto an oversized private balcony overlooking Hickory Street, offering impressive views of Waterloo. The generous primary bedroom includes ample closet space and its own sliding door with direct balcony access. A separate den provides the perfect space for a home office, study area, or overnight guests, while the updated four-piece bathroom is conveniently located nearby. In-suite laundry adds to the everyday convenience. Included with the unit are the stylish furnishings shown, making this a true turnkey opportunity. Residents enjoy access to excellent building amenities, including a two-storey study lounge, fitness centre, and outdoor terrace. The condo fees even include internet service, water and gas, for added value.

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 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 School1.8 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

Single Family in Waterloo · last 12 months

Median sold price
$691,750
Homes sold
1,042
Median days on market
21
Sale-to-list price
99.8%

Based on 1,042 recorded sales of single family properties in Waterloo over the last 12 months.

Location

Mortgage Calculator

$73,980

Estimated Monthly Payment

$1,817

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,817/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $92/mo

Estimates only. Consult a financial advisor.

R

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