Unit PH-03, 246 Lester Street
Waterloo (Beechwood/University), ON N2L 0H1
U Style12 storeys, 85 suites, built 2021- 2Bedrooms
- 2Bathrooms
- 0Parking
- 500–599Sq Ft
- $2,567Tax
- $330/moCondo Fee
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit PH-03, 246 Lester Street, Waterloo, Beechwood/University
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-05-01 | 2026-08-31 | Login to See Prices | Expired | x13068636 |
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About Unit PH-03, 246 Lester Street, Waterloo, Beechwood/University
Summarized Description
- Penthouse-level condo with 2 bedrooms and 2 bathrooms.
- Open-concept layout for efficient living.
- Private balcony with views of Waterloo Park.
- In-suite laundry for convenience.
- Located minutes from major universities.
- Low-maintenance property ideal for investors.
- Strong rental demand in the area.
- Low condo fees include most utilities.
Welcome to PH03 at 246 Lester Street, a penthouse-level 2 bedroom, 2 bathroom condo in one of Waterloo's most convenient student-focused rental locations. Offering 571 sq. ft. of efficient living space, this unit is just minutes from both the University of Waterloo and Wilfrid Laurier University, making it a strong option for investors, parents planning ahead for student housing, or buyers looking for a low-maintenance property in a high-demand area.The layout features an open-concept kitchen and living area, two bedrooms, two full bathrooms, in-suite laundry, and a private balcony with views toward Waterloo Park. The unit is currently tenanted and will be vacant at the end of August, right in time for the start of the school year. A low condo fee includes utilities, with the exception of electricity, helping keep monthly carrying costs more predictable.With campus, transit, restaurants, cafes, shopping, parks, and everyday amenities all close by, PH03 offers a practical and well-located opportunity in the heart of Waterloo's student rental market. No parking included.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,567
- Land Transfer Tax Fee
- $5,873
Condo/Maintenance Fee
- Maintenance Fee
- $330 /month
Included In Maintenance Fee
- Building Insurance Included
- Common Elements Included
Rental Items
- Rental Equipment
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- No
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Separate Heating Controls
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Gym
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 6-10
- Condo Corp Number
- 719
Construction
- Exposure
- South East
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge, Stove/Oven, Dishwasher, Washer, Dryer, Microwave, Window coverings, A mini fridge, A bed and a bed frame, bedside tables.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Surface
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Kitchen—Main level
- Bedroom—Main level
- Bathroom—Main level, 3 Pc Ensuite
- Bedroom—Main level
- Bathroom—Main level
- Living Room—Main level
Washrooms
- 3-piece
- Municipality
- Waterloo
- Neighbourhood
- Beechwood/University
- Main cross streets
- Lester / University
- Zoning
- RN-12
- Directions
- University to Lester St
- MLS® number
- X13068636
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-31
- Listed on
- 2026-05-01
- Days on market
- 122 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- HOUSESIGMA INC.
Home Market Value
Current home valuation for Unit PH-03, 246 Lester Street, Waterloo, Beechwood/University, Waterloo, ON. Listed for $469,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for Unit PH-03, 246 Lester Street, Waterloo, Beechwood/University
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $17,856 | $13,110 | $11,184 | $0 |
=Total mortgage | $464,261 | $436,020 | $410,599 | $375,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,267monthly | $2,129monthly | $2,005monthly | $1,835monthly |
Land Transfer Tax
$5,873
$5,873
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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