203 - 261 LESTER STREET, Waterloo

$589,000

For sale: Apartment

Apartment at 203 - 261 LESTER STREET, Waterloo
Property type
Condo Apartment
Bedrooms / bathrooms
5 bedrooms, 2 bathrooms
Living area
1,399 sqft
MLS®
MLS® X13014842

Attn Investors: $4325.00 Monthly Income From This Fully Tenanted Student Rental (On Signed Lease With A++ Tenant Group). Can be provided Vacant. Walking Distance To Waterloo U. Five Separate Rooms With A Shared Kitchen, And Two Shared Baths. Safe Building W/Security, Attracts The Best Students. No Vacancies! Option For Hands Off Investment With On-Site Property Management For 6% Monthly Fee Or Can Self-Manage. Act Now, This Won't Last!

Sold data

Apartment homes in Waterloo — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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.

Median days to sell
38
Median sale price
$417,500
Sale-to-list ratio
95.6%
Sold above asking
8%

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

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen WoodselementaryFraser rating 8.9/10
  • Sir John A MacdonaldsecondaryFraser rating 8.7/10
  • Abraham ErbelementaryFraser rating 8.6/10
  • LaurelwoodelementaryFraser rating 8.5/10
  • Vista HillselementaryFraser rating 8.5/10
  • Mary JohnstonelementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 203 - 261 LESTER STREET