Unknown for 261 Lester St #203, Waterloo Ontario N2L 3W6
3 days on Market

261 Lester St #203, Waterloo, Ontario N2L 3W6

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

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$456/sqft

Monthly cost

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Description

Attn Investors: $4325.00 Monthly Income From This Fully Tenanted Student Rental (On Signed Lease With A++ Tenant Group). Can be provided Vacant. Walking Distance To Waterloo U. Five Separate Rooms With A Shared Kitchen, And Two Shared Baths. Safe Building W/Security, Attracts The Best Students. No Vacancies! Option For Hands Off Investment With On-Site Property Management For 6% Monthly Fee Or Can Self-Manage. Act Now, This Won't Last!


Property Details

StyleApartment
View-
Age of property-
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX13014842
Community NameColumbia
Data SourceTRREB
Listing byRE/MAX REALTY SPECIALISTS INC.

Features

Heating: Forced Air
Cooling: Central Air

2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Apr 18, 2026
ListedActive
$589,000
3 days on market
history photo preview7
Listing by trreb®
Property listed by RE/MAX REALTY SPECIALISTS INC., 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

68 days

Compared to

2025

53 days

2024

36 days

2023

38 days

New Listings

Past 30 days

57 listings

Compared to

2025

63 listings

2024

47 listings

2023

43 listings

Units sold

Past 30 days

11 units

Compared to

2025

12 units

2024

17 units

2023

17 units

Median Sold Price

Past 30 days

$350,000

Compared to

2025

$461,250

2024

$490,000

2023

$450,000


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