For Sale · Waterloo · Single Family

$360,000

280 LESTER Street Unit# 202, Waterloo

Beds

Baths

580

Sq Ft

2016

Built

About This Home

The details.

Welcome to 280 Lester Street, where location, layout, and lifestyle come together in the heart of Waterloo’s University District. This premium fully furnished 1 BEDROOM + DEN unit offers an exceptional opportunity for students, young professionals, parents investing for their children, or investors looking for a turnkey property in one of Waterloo’s most sought-after locations. Freshly painted in 2025 and already vacant for immediate possession, this bright and spacious unit stands out with its larger floor plan and two oversized balconies, creating rare additional outdoor living space perfect for studying, entertaining, or relaxing after a long day. Just minutes from the University of Waterloo and within walking distance to Wilfrid Laurier University, this location offers unbeatable convenience with nearby restaurants, shopping, transit, parks, and everyday amenities all at your doorstep. Move-in ready and designed for easy living, this is an ideal opportunity to own in one of Waterloo’s most established and high-demand university communities. (id:66635)

Summarizing the highlights...

MLS® 40827961Listing courtesy of Chestnut Park Realty Southwestern Ontario LimitedSee all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium
Year built: 2016
Size: 580 sqft
Storeys: 1
Strata fee: $321 / monthly
Listed on: 2026-05-11
Days on market: 65
MLS number: 40827961
Data source: Cornerstone Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$1,684

$288,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,684

Cash flow

-$1,684

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Waterloo right now

231

Active listings

338

New this week

$649,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Waterloo.

Household and demographic stats for Waterloo, from the Statistics Canada 2021 Census.

121,436
Population (2021): 36
Median age: 47,040
Households: 2.5
Avg household size: 61.3%
Home ownership: $94,000
Median household income

Waterloo market trends

Source: Statistics Canada 2021 Census, Waterloo, City, Ontario.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Waterloo Collegiate Institute
public · secondary
620 m
Vanguard High School
independent · secondary
860 m
MacGregor Public School
public · elementary
990 m
St David Catholic Secondary School
catholic · secondary
1.1 km
Winston Churchill Public School
public · elementary
1.1 km
Canada TEMS Academy
independent · secondary
1.2 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

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Rental Market

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Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.