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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.
City: Waterloo

| Purchase Price | $469,900 |
| Down Payment | $93,980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $375,920 |
| Mortgage Payment | $2,317 |
| Property Taxes | $214 |
| Maintenance Fees | $330 |
| Monthly Payment | $2,861 |
Located at 246 Lester Street Unit #PH-03, this Waterloo condo is available for sale. This property was listed for $469,900 on Fri May 01 2026. It has 2 bedrooms and 2 bathrooms. Monthly maintenance is $330 per month and taxes are approximately $2,568 annually. The property includes the following rooms: .
MLS#: undefined · $469,900 · 2 bedroom condo in Waterloo