Unit 406, 308 Lester Street
Waterloo, ON N2L 0H9
Sage 96 storeys, 161 suites, built 2018- 1Bedroom
- 1Bathroom
- 0Parking
- 0–499Sq Ft
- $2,417Tax
- $295/moCondo Fee
Estimated Value:$278,583See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 406, 308 Lester Street, Waterloo
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About Unit 406, 308 Lester Street, Waterloo
Summarized Description
- Bright 1 bedroom, 1 bathroom layout.
- Upgraded finishes throughout the unit.
- Ideal for investors or first-time buyers.
- Steps away from universities and amenities.
- Low-maintenance living in a managed building.
- Perfect hands-off ownership opportunity.
- Includes high-speed internet in fees.
Turn-key investment or the perfect starter condo in the heart of Waterloo's University District! Unit 406 is 465sqft and offers a bright 1 bedroom, 1 bathroom layout. Upgraded finishes are ready for it's next owner, with a modern kitchen that has granite countertops, stainless steel appliances, in suite laundry, carpet free flooring and a private balcony. The building is a quick walk to University of Waterloo and Laurier, which shows consistently strong rental demand, the LRT, restaurants and everyday amenities. Low-maintenance living in a professionally managed building makes for the perfect hands-off ownership. Maintenance fees currently include high-speed internet.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,417
- Land Transfer Tax Fee
- $3,200
Condo/Maintenance Fee
- Maintenance Fee
- $295 /month
Included In Maintenance Fee
- Building Insurance Included
- Common Elements Included
- Heat Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Separate Heating Controls
- Security Features
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Elevator
- Gym
- Visitor Parking
- Rooftop Deck/Garden
- Party Room/Meeting Room
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 6-10
- Condo Corp Number
- 663
Construction
- Exposure
- East West
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- Stainless Steel Refrigerator, Stove, Hood Fan, Built-In Dishwasher; Washer and Dryer.
Exclusions
- Exclusions
- Tenant's belongings. Faux green wall.
Parking & Garages
- Garage Type
- None
- 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
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Flat level
- Dining Room—Flat level
- Kitchen—Flat level
- Bedroom—Flat level
Washrooms
- 4-piece, Flat
- Municipality
- Waterloo
- Main cross streets
- University Ave. W. > Lester St.
- Directions
- University Ave. W. > Lester St.
- MLS® number
- X12726128
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-12
- Listed on
- 2026-01-23
- Days on market
- 140 days
- Possession type
- Immediate
- Co-op commission
- 2.0%
- Seller
- Listed by
- ROYAL LEPAGE SIGNATURE REALTY
Home Market Value
Current home valuation for Unit 406, 308 Lester Street, Waterloo, , . Listed for $315,000
HOMEH Estimate
$278,583
Estimated Sales Range
$220,081 - $337,085
HOMEH Estimate for Unit 406, 308 Lester Street, Waterloo
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
$15,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $11,970 | $8,789 | $7,497 | $0 |
=Total mortgage | $311,220 | $292,289 | $275,247 | $252,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,520monthly | $1,427monthly | $1,344monthly | $1,230monthly |
Land Transfer Tax
$3,200
$3,200
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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