Re-listed 7 days ago

261 Lester St #504, Waterloo, Ontario N2L 3W6

In the same building:
-
Condo
5
2
~1200-1399 sqft
$•••,•••
$579,900
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$5,799Cashback
Condo
5
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market7 days

Total days on market
92 days

Estimated valueNot available

Price/Sqft$449/sqft

Monthly cost

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CMA Subject Property

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+20

Properties sold*

$413K

Median sold price*

*Based on last 30 days

Description

Fully Furnished 1349 Sq Ft Property, one of the largest units on Lester St, Features 5 Spacious bedrooms 2 full bathrooms, fully tenanted, turn-key investment, each room has large windows, 1 bed, mattress, study table and chair, Steps to the Waterloo University campus & Laurier University. Situated in the heart of the city. A Large Common Area Including L Shaped Kitchen. Buyer to assume current tenants.


Property Details

StyleApartment
View-
Age of property16-30
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12308379
Community NameColumbia
Data SourceTRREB
Listing byRE/MAX PRESIDENT REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

4.49 x 2.74

Ceramic Floor / Window / Combined W/Dining

Dining

0.0 x 0.0

Ceramic Floor / Window / Combined W/Living

Kitchen

0.0 x 0.0

Ceramic Floor / Open Concept

Br

3.38 x 3.07

Window / Broadloom / Closet


5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
7 days on market
history photo preview25
Listing by trreb®

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

62 days

Compared to

2024

45 days

2023

29 days

2022

31 days

New Listings

Past 30 days

53 listings

Compared to

2024

58 listings

2023

51 listings

2022

45 listings

Units sold

Past 30 days

18 units

Compared to

2024

20 units

2023

20 units

2022

31 units

Median Sold Price

Past 30 days

$418,750

Compared to

2024

$413,444

2023

$475,500

2022

$480,000


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