Condo for sale at PH-03-246 Lester Street, Waterloo, Ontario, N2L 0H1 - MLS: X13068636

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PH-03-246 Lester Street

Waterloo, Ontario, N2L 0H1 -

$469,900

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Neighbourhood
Major Intersection

Lester / University

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

2
Bathrooms

2
Square Feet

500-599
Exposure

South East
Total Parking

n/a
Maintenance

$330
Taxes

$2,567.19 (2025)
Balcony

Open

Property Description

Property description for PH-03-246 Lester Street, Waterloo

Welcome to PH03 at 246 Lester Street, a penthouse-level 2 bedroom, 2 bathroom condo in one of Waterloo's most convenient student-focused rental locations. Offering 571 sq. ft. of efficient living space, this unit is just minutes from both the University of Waterloo and Wilfrid Laurier University, making it a strong option for investors, parents planning ahead for student housing, or buyers looking for a low-maintenance property in a high-demand area.The layout features an open-concept kitchen and living area, two bedrooms, two full bathrooms, in-suite laundry, and a private balcony with views toward Waterloo Park. The unit is currently tenanted and will be vacant at the end of August, right in time for the start of the school year. A low condo fee includes utilities, with the exception of electricity, helping keep monthly carrying costs more predictable.With campus, transit, restaurants, cafes, shopping, parks, and everyday amenities all close by, PH03 offers a practical and well-located opportunity in the heart of Waterloo's student rental market. No parking included.

Listed by HOUSESIGMA INC.

Property details

MLS #

X13068636
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

n/a
Garage

Surface
Parking Type

None
Locker

None
Pets Permitted

N
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Gym
Maintenance Fee Includes

n/a
Property Management

Grand River Property Mgmt
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

N

MLS #

X13068636
Sq. Ft

500-599
Sq. Ft. Source

MLS
Year Built

6-10
Basement

None
View

n/a
Garage

Surface
Parking Type

None
Locker

None
Pets Permitted

N
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Gym
Maintenance Fee Includes

n/a
Property Management

Grand River Property Mgmt
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

N

Kitchen

3.66 x 1.76 ft Main level
Br

2.77 x 3.68 ft Main level
Bathroom

1.73 x 1.68 ft Main level

3 Pc Ensuite
Br

2.8 x 2.67 ft Main level
Bathroom

1.65 x 1.76 ft Main level
Living

2.77 x 2.77 ft Main level

Contact Manoj Kukreja

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

Estimated price

Date

Price

Change

2026-05-01

$457,222

1.71%

Local Real Estate Price Trends for Condo Apt in Waterloo

Active listings

196

Average Selling Price of a Condo Apt

April 2026

$389,500

Last 3 Months

$407,832

Last 12 Months

$437,069

April 2025

$448,469

Last 3 Months LY

$457,138

Last 12 Months LY

$482,116

Change

-13%

Change

-11%

Change

-9%

Historical Average Selling Price of a Condo Apt in

Average Selling Price

3 years ago

$525,917

Average Selling Price

5 years ago

$417,165

Average Selling Price

10 years ago

$308,745

Change

-26%

Change

-7%

Change

26%

Number of Condo Apt Sold

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

-18%

Change

-14%

Change

How many days Condo Apt takes to sell (DOM)

April 2026

Last 3 Months

Last 12 Months

April 2025

Last 3 Months LY

Last 12 Months LY

Change

17%

Change

11%

Change

23%

Average Selling price

Inventory Graph

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First time home buyer

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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.