$299,999
For sale: Apartment

Located in the heart of Waterloo's high demand university community, this sleek 1 bedroom, 1 bathroom condo at 308 Lester St. offers an exceptional blend of modern style and convenience. The apartment features laminate flooring, floor to ceiling windows, in-suite laundry, and a kitchen equipped with stainless steel appliances, granite countertop, and contemporary cabinetry. The spacious bedroom includes ample closet storage, while the private balcony delivers quiet city views. The suite comes with a rare covered parking spot, making it one of the few units in the building to offer protected parking. Residents also enjoy great building amenities, including a rooftop terrace with city views, a fitness center, party and media rooms, lounge spaces, bike storage, a BBQ area, and visitor parking. Situated just steps from Wilfrid Laurier University and the University of Waterloo, as well as the ION LRT, GO Transit, parks, shopping, and dining, this property is a standout choice for students, young professionals, and savvy investors seeking strong rental yield in a professionally managed building.
Sold data
Apartment homes in Waterloo took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 59, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.
The median sale price was $417,500.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 37 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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