
404 - 280 LESTER Street
Waterloo, Ontario
2 bed • 1 bath • Single Family
Don't miss this rare opportunity to own a beautifully upgraded 740 sqft furnished condo, just a short walk from Wilfrid Laurier University, the University of Waterloo and Conestoga College. With the school year starting in September, this is the ideal time to secure a home for yourself or a turn-key investment. Freshly painted throughout and outfitted with brand-new laminate flooring, this move-in-ready partially furnished unit shows better than ever. The open-concept layout features a contemporary kitchen with granite countertops, stainless steel appliances, and generous storage, making it perfect for everyday living or entertaining. The unit offers 2 spacious bedrooms, a private ensuite laundry, and a rare owned underground parking space. The living room opens onto a charming Juliet balcony, but the real showstopper is the massive 10x30ft private terrace—a true one-of-a-kind outdoor space rarely found in condo living, ideal for lounging, entertaining, or simply enjoying the fresh air right outside your door. Whether you're a student, a parent looking to secure housing before the fall semester, or an investor seeking a high-demand rental location, this condo checks every box!
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
- 1,046
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,046 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Street View
Mortgage Calculator
$94,980
Estimated Monthly Payment
$2,333
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,333/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $119/mo
Estimates only. Consult a financial advisor.
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