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516 - 308 Lester Street

516 - 308 Lester Street

Waterloo, ON

1 bed • 1 bath • approx. 0-499 sqft • Condo Apartment • 153 days on market

$335,000

Amazing Investment Opportunity OR Great for the end users. That Offers Luxurious And Prestigious Living. Six Year Old Fully Furnished 1 Bed Room/1 Bath With One Parking In A Newer Development Situated In A Very Desirable Area In Waterloo, Steps To Waterloo And Winfred Laurie Universities. You Can Assume The Existing Tenant @ $1600.00/Month Or Vacant Property, Furniture Included.

Listing Details

Taxes (2025)
$2,635
Listed
March 23, 2026

Price History

Property

Style
Apartment
Construction
Brick
Interior
Carpet Free

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Lester And Columbia
Possession
90+ days

Commercial

Occupancy
Tenant

Included

Inclusions
Stainless Steel Refrigerator, Microwave, Built-In Dishwasher, Front Load Stacked Washer & Dryer, Electric Cook Top & Oven All Existing Furniture.

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 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

Residential Condo & Other in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,024
Median days on market
21
Sale-to-list price
99.8%

Based on 1,024 recorded sales of residential condo & other properties in Waterloo over the last 12 months.

Rooms

4-piece

Flat

  • Bathroom
  • Bedroom
  • Kitchen
  • Living Room

Listed by

HOMELIFE/GTA REALTY INC.

Location

Mortgage Calculator

$67,000

Estimated Monthly Payment

$1,646

Investment Analysis

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

Mortgage: $1,646/mo (20% down, 5.5%)

Taxes: $220/mo · Insurance: $84/mo

Estimates only. Consult a financial advisor.

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