Unknown for 308 Lester St #406, Waterloo Ontario N2L 0H9
5 days on Market

308 Lester St #406, Waterloo, Ontario N2L 0H9

In the same building:
-
Condo
1
1
~0-499 sqft
$324,900
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$1,625Cashback
Condo
1
1
~0-499 sqft

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Highlights

Property Estimate

Days on market5 days

Estimated valueNot available

Price/Sqft$326/sqft

Monthly cost

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+6

Properties sold*

$430K

Median sold price*

*Based on last 30 days

Description

Turn-key investment or the perfect starter condo in the heart of Waterloo's University District! Unit 406 at 308 Lester offers a 1 bedroom, 1 bathroom, 465SF layout with a modern kitchen that has granite countertops and stainless steel appliances, in-suite laundry, laminate flooring throughout, and a private balcony. Consistently strong rental demand with walk-to-campus access (UW & WLU), steps to LRT, restaurants, and everyday amenities. Low-maintenance living in a professionally managed building perfect for hands-off ownership. Current rent: $2,000/month. Maintenance fees include high speed internet.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12434868
Community NameColumbia
Data SourceTRREB
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Flat Floor

Living

2.9 x 4.44

Dining

1.55 x 1.83

Kitchen

2.08 x 3.17

Br

2.49 x 3.0


Features

Patio: Open
Balcony: Open

4Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 30, 2025
ListedActive
$324,900
5 days on market
history photo preview50
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

30 days

Compared to

2024

57 days

2023

24 days

2022

19 days

New Listings

Past 30 days

32 listings

Compared to

2024

43 listings

2023

31 listings

2022

31 listings

Units sold

Past 30 days

6 units

Compared to

2024

6 units

2023

6 units

2022

14 units

Median Sold Price

Past 30 days

$340,150

Compared to

2024

$430,000

2023

$392,500

2022

$515,500


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