For Sale: 511-308 Lester Street, Waterloo, ON - REW
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$285,000
1 bd • 1 ba • < 499 sf • Apt/Condo
511-308 Lester Street
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$285,000
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511 - 308 Lester StreetWaterloo, ON, N2L 3W7

  • 1 Bed
  • 1 Bath
  • < 499 Sqft
  • Apt/Condo

About this home

Welcome to a prime parent-owner opportunity in Waterloo's coveted university district. This stylish 1-bedroom, 1-bathroom condo is perfectly positioned for families planning ahead: currently tenanted until August 27, 2027, it offers immediate rental income while you prepare for your child's arrival at the UW or WLU in September 2027. Start collecting rent now, then transitioning seamlessly to a safe, modern, independent living space for your child next September - all while building equity in one of Ontario's most resilient real estate markets. Located just a 10-minute walk from both UW and WLU lecture halls and steps from the UW LRT Station, this unit eliminates commute stress and places your child at the heart of campus life. Inside, enjoy premium finishes including granite countertops, stainless-steel appliances, in-suite laundry, high ceilings, modern neutral tones, laminate flooring throughout, a spacious bedroom with large closet, and a private balcony with great views. Building amenities are designed for student success and comfort, with the included fibre-optic internet service, on-site fitness facility, social lounge, rooftop terrace, secure bike storage, and professional on-site management. Low condo fees cover most essentials (all except hydro), and the unit comes fully furnished - including all appliances, window coverings, and furniture - making it truly turnkey. Lock in today's price, avoid the uncertainty of unreliable roommates or subpar rentals, and give your child a clean, modern, and secured environment where they can thrive academically. With parks, shopping, dining, and transit all within walking distance, this unit delivers everything a student needs, and everything a parent wants. Don't miss this rare chance to safeguard your child's future and your family's financial advantage in one of Waterloo's highest-demand student housing markets. This isn't just an investment; it's a smart family strategy. Call to book your private showing today.
Listed by: Jay Chan, Salesperson, CITYSCAPE REAL ESTATE LTD.

Home facts and features

Price details
List Price
$285,000
Get Pre-Approved
Gross Taxes for 2026
$2,521
Strata Maintenance Fees
$319
Home facts
Bedrooms
1
Full Bathrooms
1
Parking Details
Surface
Property Type
Apt/Condo
Year Built
6 - 10 yrs old
Exterior Finish
Brick, Concrete
Heating Type
Forced Air, Other
Cooling
Central Air
Features
Carbon Monoxide Detectors, In-Suite Laundry, School, Smoke Detector
Amenities
Bike Storage, Building Insurance Included, CAC Included, Common Elements Included, Exercise Room, Rooftop Deck/Garden, Visitor Parking
Agent details
Primary Agent
Jay Chan
Primary Broker
CITYSCAPE REAL ESTATE LTD.
Listing details
Days on REW
1 Day
MLS® Number
X13751246
Source
Toronto Real Estate Board
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Property Insights

Waterloo Collegiate Institute
  • Public
  • 9 - 12
St David Catholic Secondary School
  • Catholic
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
Winston Churchill Public School
  • Public
  • JK - 6
Cedarbrae Public School
  • Public
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
Keatsway Public School
  • Public
  • JK - 6
Centennial (Waterloo) Public School
  • Public
  • 7 - 8
Sir Edgar Bauer Catholic Elementary School
  • Catholic
  • JK - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Jay Chan
Phone:
647-564-6838
Office:
905-241-2222
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