404 - 280 Lester Street
Waterloo, ON
- 2 bed
- 1 bath
- approx. 700-799 sqft
- Condo Apartment
- 4 days on market
First time home buyer 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!
Listing Details
- Taxes (2026)
- $4,124
- Listed
- September 16, 2026
Price History
Listing history
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Property
- Style
- 1 Storey/Apt
- Construction
- Brick, Brick Front
- Interior
- Carpet Free
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- University/Lester
- Parcel Number
- 236260102
- Possession
- Immediate
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $508/month
- Fee Includes
- Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Terrace
Included
- Inclusions
- Stove, Frigde, Dishwasher, Washer, Dryer, Existing Furniture
- Exclusions
- Staging materials
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
Residential Condo & Other 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 residential condo & other properties in Waterloo over the last 12 months.
Rooms
4-piece on Main
Main
- Bathroom9'8" x 5'
- Bedroom13'8" x 9'7"
- Bedroom 212'1" x 8'7"
- Foyer7'5" x 6'8"
- Kitchen14'2" x 9'9"
- Living Room9'8" x 7'5"
Listed by
ROYAL LEPAGE WOLLE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$84,980
Estimated Monthly Payment
$2,087
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,087/mo (20% down, 5.5%)
Taxes: $344/mo · Insurance: $106/mo
Maint: $508/mo
Estimates only. Consult a financial advisor.
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