Unknown for 246 Lester St #709, Waterloo Ontario N2L 0H1
6 days on Market

246 Lester St #709, Waterloo, Ontario N2L 0H1

In the same building:
-
Condo
3
2
~800-899 sqft
$568,000
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Condo
3
2
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$671/sqft

Est. Mortgage$2,439/mo

Maintenance fees$485/mo

Tax Amount (2025)$1,578/yr

Days On Market6 days


Description

Prime Investment Opportunity | Heart of Waterloo | Low Maintenance Fee. Located in the vibrant heart of Waterloo, this 5-year-new high-rise condo offers unbeatable convenience just steps from the University of Waterloo and Wilfrid Laurier University, making it a perfect choice for students and savvy investors alike.Perched on a high floor, this bright south-east corner unit boasts 896 sq.ft. of functional living space, set as three of the largest bedrooms in the building and two full bathrooms ideal for shared living.The unit comes fully furnished and move-in or rental ready. Enjoy access to a wide range of amenities, with shopping plazas, restaurants, libraries, and public transit right at your doorstep.With low maintenance fees and consistently strong rental demand, this is a rare opportunity to secure a high-return investment with excellent cash flow.


Property Details

StyleApartment
View-
Age of property0-5
SqFt~800-899 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12107493
Community NameColumbia
Data SourceTRREB
Listing byRE/MAX EXCEL REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

3.17 x 2.62

Combined W/Dining

Dining

3.17 x 2.62

Combined W/Kitchen

3rd Br

3.14 x 2.35

Br

3.23 x 3.02

Window / Ensuite Bath


6Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX EXCEL REALTY LTD., Brokerage

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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

32 days

2023

35 days

2022

13 days

New Listings

Past 30 days

46 listings

Compared to

2024

45 listings

2023

35 listings

2022

62 listings

Units sold

Past 30 days

5 units

Compared to

2024

15 units

2023

21 units

2022

18 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$415,000

2023

$488,000

2022

$542,500


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

Schools and amenities

Estimated Budget