605 - 308 LESTER STREET, Waterloo

$299,000

For sale: Apartment

Apartment at 605 - 308 LESTER STREET, Waterloo
Property type
Condo Apartment
Bedrooms / bathrooms
1 bedroom, 1 bathroom
Living area
499 sqft
MLS®
MLS® X12760222

This beautifully furnished one-bedroom, one-bathroom condo is situated on the top floor and features a private balcony with a fantastic view. It is merely minutes away from Wilfrid Laurier University and ideally located near the University of Waterloo. This bright and inviting suite features a modern, open-concept layout that balances comfort and functionality. The unit includes an ensuite laundry and a thoughtfully planned interior with a custom bunk bed configuration and a cozy living area, making it well-suited for small families, students, or shared living arrangements. Sage Condominiums is perfectly positioned close to everyday conveniences, including exquisite restaurants, boutique shopping, and public transit. Residents enjoy premium building amenities, including a fully equipped fitness center and a spectacular rooftop terrace with comfortable seating and panoramic views, ideal for relaxing or entertaining. Free internet is included, adding exceptional value. Currently leased at $1,800/month. Buyer must assume the tenant. An excellent opportunity for investors seeking immediate rental income or owner-occupants planning for future use.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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 Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

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

Currently for sale

Homes for sale near 605 - 308 LESTER STREET