21 days on Market

308 Lester St #202, Waterloo, Ontario N2L 0H9

In the same building:
-
Condo
1
1
~0-499 sqft
$378,400
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$379/sqft

Est. Mortgage$1,625/mo

Maintenance fees$422/mo

Tax Amount (2024)$2,507/yr

Days On Market21 days


Description

An Exceptional Turnkey Investment Opportunity Just Minutes From Top-Tier Universities! This Well-Maintained Condo Offers Steady Rental Potential In A High-Demand Area, Making It Ideal For Both New And Seasoned Investors. The Unit Has Been Freshly Painted, Includes Internet And Furniture, And Comes With One Parking Space, Rarely Found In This Building. Amenities Include A Gym, Party/Rec Room, Rooftop Terrace, Bike Storage, And Visitor Parking. Only Minutes To University Of Waterloo, Wilfred Laurier University, Conestoga College, Public Transit, Grocery Stores, Restaurants, Banks, And The List Goes On. Don't Miss Your Opportunity To Secure A Hassle-Free Income Property In A Prime Location!


Property Details

StyleApartment
View-
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12151666
Community NameColumbia
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

3.4798 x 2.6416

Window Flr to Ceil / Open Concept / Laminate

Dining

2.9718 x 1.778

Window Flr to Ceil / Open Concept / Laminate

Kitchen

4.2418 x 1.7018

Granite Counter / Stainless Steel Appl / Laminate

Br

2.8448 x 2.6162

Sliding Doors / Closet / Laminate


Features

Patio: Jlte
Balcony: Jlte

Parking

Garage spaces -

Garage type -

Total parking spaces 1


2Story
Elevator
Amenities

Bike Storage, Gym, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking, Elevator

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by RE/MAX HALLMARK 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

43 days

Compared to

2024

32 days

2023

29 days

2022

20 days

New Listings

Past 30 days

90 listings

Compared to

2024

66 listings

2023

57 listings

2022

59 listings

Units sold

Past 30 days

7 units

Compared to

2024

12 units

2023

26 units

2022

21 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$492,500

2023

$506,500

2022

$490,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget