Condo for sale at 406-308 Lester Street, Waterloo, Ontario, N2L 0H9 - MLS: X12434868

new
for sale
for lease
sold
leased
terminated
expired
suspended

406-308 Lester Street

Waterloo, Ontario, N2L 0H9 -

$324,900

Neighbourhood
Major Intersection

University Ave. W. > Lester St.

Listed Since: 2 day(s)
Last update: today

Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

1
Bathrooms

1
Square Feet

0-499
Exposure

Ew
Total Parking

n/a
Maintenance

$295
Taxes

$2,416.98 (2025)
Balcony

Open

Property Description

Property description for 406-308 Lester Street, Waterloo

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.

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

X12434868
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

Wilson Blanchard (519) 620-8778
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X12434868
Sq. Ft

0-499
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

None
Parking Type

None
Locker

None
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

n/a
Property Management

Wilson Blanchard (519) 620-8778
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

2.9 x 4.44 ft Flat level
Dining

1.55 x 1.83 ft Flat level
Kitchen

2.08 x 3.17 ft Flat level
Br

2.49 x 3.0 ft Flat level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Schools

Create your free account to explore schools near 406-308 Lester Street, Waterloo.

Neighbourhood Amenities & Points of Interest

Find amenities near 406-308 Lester Street, Waterloo

There are no amenities available for this property at the moment.

Local Real Estate Price Trends for Condo Apt in Waterloo

Active listings

181

Average Selling Price of a Condo Apt

September 2025

$406,738

Last 3 Months

$430,160

Last 12 Months

$458,195

September 2024

$474,331

Last 3 Months LY

$488,557

Last 12 Months LY

$499,217

Change

-14%

Change

-12%

Change

-8%

Historical Average Selling Price of a Condo Apt in

Average Selling Price

3 years ago

$496,925

Average Selling Price

5 years ago

$334,057

Average Selling Price

10 years ago

$330,000

Change

-18%

Change

22%

Change

23%

How many days Condo Apt takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

-5%

Change

13%

Change

29%

Average Selling price

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.