308 Lester Street 511,Waterloo, ON N2L 3W7
Waterloo, ON N2L 3W7
Description
Welcome to a prime parent-owner opportunity in Waterloo's coveted university district. This stylish 1-bedroom, 1-bathroom condo is perfectly positioned for families planning ahead: currently tenanted until August 27, 2027, it offers immediate rental income while you prepare for your child's arrival at the UW or WLU in September 2027. Start collecting rent now, then transitioning seamlessly to a safe, modern, independent living space for your child next September - all while building equity in one of Ontario's most resilient real estate markets. Located just a 10-minute walk from both UW and WLU lecture halls and steps from the UW LRT Station, this unit eliminates commute stress and places your child at the heart of campus life. Inside, enjoy premium finishes including granite countertops, stainless-steel appliances, in-suite laundry, high ceilings, modern neutral tones, laminate flooring throughout, a spacious bedroom with large closet, and a private balcony with great views. Building amenities are designed for student success and comfort, with the included fibre-optic internet service, on-site fitness facility, social lounge, rooftop terrace, secure bike storage, and professional on-site management. Low condo fees cover most essentials (all except hydro), and the unit comes fully furnished - including all appliances, window coverings, and furniture - making it truly turnkey. Lock in today's price, avoid the uncertainty of unreliable roommates or subpar rentals, and give your child a clean, modern, and secured environment where they can thrive academically. With parks, shopping, dining, and transit all within walking distance, this unit delivers everything a student needs, and everything a parent wants. Don't miss this rare chance to safeguard your child's future and your family's financial advantage in one of Waterloo's highest-demand student housing markets. This isn't just an investment; it's a smart family strategy.
Details
| MLS # | X13751246 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | Sage Platinum II |
| HOA Dues | $319 |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 51 |
| Listing Provided By | CITYSCAPE REAL ESTATE LTD. | X13751246 158700 |
Features
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 |
Interior
| Interior Features | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Heat Source | Other |
| Fireplace Yes / No | No |
| Laundry Features | In-Suite Laundry |
| Rooms Total | 4 |
Exterior
| Construction Materials | Brick, Concrete |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detector |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Surface |
Taxes
| Tax Annual Amount | 2520.78 |
|---|---|
| Tax Assessed Value | 176000 |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3W7 |
| Listing VS Median (in N2L 3W7) | |
Price: $285,000 low | high Med: $399,888 On site: 51 low | high Med: 77 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3W7 |
| Listing VS Median (in N2L 3W7) | |
Price: $285,000 low | high Med: $399,888 On site: 51 low | high Med: 77 | |
