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7 days on Market

251 Lester St #303, Waterloo, Ontario N2L 3W6

In the same building:
-
Condo
5
2
~1200-1399 sqft
$589,000
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$2,945Cashback
Condo
5
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$456/sqft

Monthly cost

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CMA Subject Property

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+15

Properties sold*

$509K

Median sold price*

*Based on last 30 days

Description

Great investment opportunity; Easy rentals, Good cashflow, Worry Free Management makes this a great property for your long term investment portfolio. The short walk to the University of Waterloo, Wilfred Laurier University, Shopping and Restaurants makes this an attractive rental to students. 5-Spacious Bedrooms, Living room Dining room, 2-Washrooms and an Ensuite laundry for Tenant's comfort.

Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12244017
Community NameColumbia
Data SourceTRREB
Listing byBAY STREET GROUP INC.

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

4th Br

0.0 x 0.0

Broadloom

Living

0.0 x 0.0

Ceramic Floor

Br

0.0 x 0.0

Broadloom

Dining

0.0 x 0.0

Ceramic Floor

3Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 25, 2025
ListedActive
$589,000
7 days on market
Listing by trreb®

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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

51 days

Compared to

2024

42 days

2023

34 days

2022

24 days

New Listings

Past 30 days

60 listings

Compared to

2024

50 listings

2023

49 listings

2022

68 listings

Units sold

Past 30 days

17 units

Compared to

2024

15 units

2023

25 units

2022

32 units

Median Sold Price

Past 30 days

$443,000

Compared to

2024

$508,500

2023

$467,000

2022

$486,500

Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget