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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.
City: Waterloo
Purchase Price | $324900 |
Down Payment | $64980 |
Mortgage Insurance | $0 |
Total Mortgage | $259920 |
Mortgage Payment | $1602 |
Property Taxes | $201 |
Maintenance Fees | $295 |
Monthly Payment | $2098 |
Sold Comparables homes near 308 Lester St, Unit #406, Waterloo
Located at 308 Lester St Unit #406, this Waterloo condo is available for sale. This property was listed for $324,900 on Tue Sep 30 2025. This condo's size is 0-499 Sqft. It has 1 bedroom and 1 bathroom. Monthly maintenance is $295 per month and taxes are approximately $2,417 annually. Views are to the EastWest from this property. Step outside onto the open balcony. The property includes the following rooms: Living, Dining, Kitchen, Br. This property also comes with a locker.
MLS#: X12434868 · $324,900 · 1 bedroom condo in Waterloo