70 days on Market

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

In the same building:
-
Condo
5
2
~1200-1399 sqft
$585,000
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Condo
5
2
~1200-1399 sqft

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Highlights

Property Estimate

Days on market70 days

Estimated valueNot available

Price/Sqft$453/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

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 ®NumberX12121521
Community NameColumbia
Data SourceTRREB
Listing byRE/MAX PRESIDENT REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Kitchen

0.0 x 0.0

Ceramic Floor / Open Concept

Br

3.38 x 3.07

Window / Broadloom / Closet

Dining

0.0 x 0.0

Ceramic Floor / Window / Combined W/Living

5th Br

3.8 x 2.47

Window / Broadloom / Closet


5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

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