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404 - 280 LESTER Street

404 - 280 LESTER Street

Waterloo, Ontario

2 bed • 1 bath • Single Family

$474,900

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.

R

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