$295,500
For sale: Apartment

Amazing opportunity, vacant and ready for this school year!! This unit is a cut above the rest! From the moment you step inside, you'll appreciate the thoughtful extras that set it apart - including an owned parking spot and the convenience of ground floor living with easy access in and out of the building. The real standout, however, is the private walk-out terrace, a rare feature that creates the perfect outdoor space for studying, relaxing, or socializing on warm days. Located in the heart of Waterloo's vibrant University district at 308 Lester Street - Platinum II, this contemporary one-bedroom, one-bathroom condo is purposefully designed with the luxury student market in mind. Enjoy exceptional walkability, with both the University of Waterloo and Wilfrid Laurier University just a short ten-minute stroll from your front door. Inside, the unit showcases modern, upscale finishes including granite countertops, stainless steel appliances, high ceilings, and the convenience of in-suite laundry. Residents also benefit from immediate access to ground floor retail and seamless connectivity via the nearby LRT at the University of Waterloo Station, making it easy to get around the city and beyond.
Sold data
Apartment homes in Waterloo took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 65, across 65 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $417,500.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 65 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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