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Mathew Toussaint

mathew.toussaint@exprealty.com +1(289) 983-0990

$ 285,000

Est. payment -/mo

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Active

308 Lester ST #511 Waterloo, ON N2L 3W7

1 Bed

1 Bath

UPDATED:

Key Details

Property Type Other Types

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 0-499

MLS Listing ID X13751246

Style Apartment

Bedrooms 1

Maintenance Fees $319

Annual Tax Amount $2,520

Tax Year 2026

Property Sub-Type Condo Apartment

Property Description

Welcome to a prime parent-owner opportunity in Waterloo's coveted university district. This stylish 1-bedroom, 1-bathroom condo is perfectly positioned for families planning ahead: currently tenanted until August 27, 2027, it offers immediate rental income while you prepare for your child's arrival at the UW or WLU in September 2027. Start collecting rent now, then transitioning seamlessly to a safe, modern, independent living space for your child next September - all while building equity in one of Ontario's most resilient real estate markets. Located just a 10-minute walk from both UW and WLU lecture halls and steps from the UW LRT Station, this unit eliminates commute stress and places your child at the heart of campus life. Inside, enjoy premium finishes including granite countertops, stainless-steel appliances, in-suite laundry, high ceilings, modern neutral tones, laminate flooring throughout, a spacious bedroom with large closet, and a private balcony with great views. Building amenities are designed for student success and comfort, with the included fibre-optic internet service, on-site fitness facility, social lounge, rooftop terrace, secure bike storage, and professional on-site management. Low condo fees cover most essentials (all except hydro), and the unit comes fully furnished - including all appliances, window coverings, and furniture - making it truly turnkey. Lock in today's price, avoid the uncertainty of unreliable roommates or subpar rentals, and give your child a clean, modern, and secured environment where they can thrive academically. With parks, shopping, dining, and transit all within walking distance, this unit delivers everything a student needs, and everything a parent wants. Don't miss this rare chance to safeguard your child's future and your family's financial advantage in one of Waterloo's highest-demand student housing markets. This isn't just an investment; it's a smart family strategy.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features None

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Other

Exterior

Parking Features Surface

Exposure West

Balcony Open

Building

Building Age 6-10

Story 5

Unit Features School

Locker None

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Pets Allowed Yes-with Restrictions

ParcelsYN No

Listed by CITYSCAPE REAL ESTATE LTD.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 983-0990

mathew.toussaint@exprealty.com