280 Lester Street, Unit 404, Waterloo, ON

$474,900
MLS#:X13654232
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and brick front construction, this residence presents an exceptional opportunity offered at $474,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • Features a apartment, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Don't miss this rare opportunity to own a beautifully upgraded 740 sqft furnished condo, just a short walk from Wilfrid Laurier University, the University of Waterloo and Conestoga College. With the school year starting in September, this is the ideal time to secure a home for yourself or a turn-key investment. Freshly painted throughout and outfitted with brand-new laminate flooring, this move-in-ready partially furnished unit shows better than ever. The open-concept layout features a contemporary kitchen with granite countertops, stainless steel appliances, and generous storage, making it perfect for everyday living or entertaining. The unit offers 2 spacious bedrooms, a private ensuite laundry, and a rare owned underground parking space. The living room opens onto a charming Juliet balcony, but the real showstopper is the massive 10x30ft private terrace-a true one-of-a-kind outdoor space rarely found in condo living, ideal for lounging, entertaining, or simply enjoying the fresh air right outside your door. Whether you're a student, a parent looking to secure housing before the fall semester, or an investor seeking a high-demand rental location, this condo checks every box!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This condo apartment located at 280 Lester Street, Waterloo is currently for sale and has been available on SousaSells for 3 days. This property is listed at $474,900 with an estimated mortgage of $1,581* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 280 Lester Street, Waterloo

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterloo.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Waterloo.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick, Brick Front
BasementApartment, None
CountyWaterloo
Annual Tax$4,124

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Place Of Worship
  • Public Transit
  • School

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 280 Lester Street, Unit 404, Waterloo, ON

Q.What is the asking price for 280 Lester Street, Unit 404, Waterloo, ON ?

The current listing price for 280 Lester Street, Unit 404, Waterloo, ON in Waterloo is $474,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-799 sqft.

Q.What property type and architectural style is 280 Lester Street, Unit 404, Waterloo, ON ?

280 Lester Street, Unit 404, Waterloo, ON is a Condo Apartment (1 Storey/Apt) featuring a Apartment, None basement.

Q.What key property features does 280 Lester Street, Unit 404, Waterloo, ON offer?

Key property features include: Place Of Worship, Public Transit, School.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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280 Lester Street, Unit 404, Waterloo, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 280 Lester Street 404, Waterloo, ON N2L 0G2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

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Interest Rate4.00%
Down Payment$142,470 (30.0%)
* Minimum Canadian down payment required for this price is $23,745.
Amortization Period30 Years
Estimated Monthly Payment$1,581Based on a loan of $332,430 over 30 years.
Purchase Price$474,900
Loan Amount$332,430
Provincial Land Transfer Tax:$5,973
Total Estimated Closing Taxes:$5,973

About Purchasing a Home in Waterloo, ON

For a property listed at $474,900 in Waterloo, the legal minimum down payment is $23,745 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,973 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,973.

Waterloo Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$785,342

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Waterloo

Elementary Schools

Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Empire
Public83 Empire Street, Waterloo, Ontario, N2L 2M1
6.3
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Waterloo Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.