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

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

In the same building:
-
Condo
1
1
~465 sqft
$324,900
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Condo
1
1
~465 sqft

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Highlights

Property Estimate

Days on market38 days

Estimated valueNot available

Price/Sqft$698/sqft

Monthly cost

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+9

Properties sold*

$485K

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 property2018
SqFt~465 SqFt
Lot Size-
Parking Spaces-
MLS ®Number40774956
Community NameColumbia
Data SourceITSO
Listing byROYAL LEPAGE SIGNATURE REALTY

Features

Heating: Forced Air, Other
Cooling: Central Air

Main Floor

Dining Room

1.55 x 1.83

Kitchen

1.85 x 3.17

Living Room

2.90 x 4.44

Bathroom

4-Piece


Features

Sewer (Municipal)

Amenities

Elevator(s), Fitness Center, Roof Deck, Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Oct 14, 2025
ListedActive
$324,900
38 days on market
history photo preview50
Listing by itso®

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

2024

58 days

2023

37 days

2022

30 days

New Listings

Past 30 days

35 listings

Compared to

2024

42 listings

2023

25 listings

2022

25 listings

Units sold

Past 30 days

7 units

Compared to

2024

9 units

2023

6 units

2022

7 units

Median Sold Price

Past 30 days

$417,000

Compared to

2024

$485,000

2023

$489,250

2022

$484,000


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