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Listed price in listed location currency (CAD).
$285,000

110

MLS® 40859613

Overview

Key Facts

Type Attached
Levels Residential
Size 465 sqft
Garage 
Taxes $2,521
Days Active 0
Lot Size 
Approx. Age 2018
Avg. Price Per Sqft $612
MLS® Number 40859613

Property Address: 511-308 Lester St, Waterloo, ON, N2L0H9

Average square foot calculated using Size range provided by listing agent.

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. Call to book your private showing today.
MLS® Number40859613
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2018
BasementNone
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Carbon Monoxide Detector, Dishwasher, Dryer, Furniture, Microwave, Refrigerator, Smoke Detector, Stove, Washer, Window Coverings, Flat Screen Tv And All Furniture Shown In Listing Photos Are Included.

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $285,000

For Sale · 1 day

$285,000

MLS® 40859613

A day ago

Not Sold Yet

September 2026, For Sale for $285,000

For Sale · 0 days

$285,000

MLS® X13751246

An hour ago

Not Sold Yet

  • Sep 7, 2026, For Sale for $285,000

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Home Estimate Zoopraisal®

This property is estimated to sell between: $285,000 and $393,000.
Similar properties in this area sold on average for: $356,708
Expected to sell in 51 days. Similar properties sold in 51 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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