308 Lester Street, Unit 05, Waterloo, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $299,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 0-499 sqft
- 0.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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 centre 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. An excellent opportunity for investors seeking immediate rental income or owner-occupants planning for future use.
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Property Summary
This condo apartment located at 308 Lester Street, Waterloo is currently for sale and has been available on SousaSells for 164 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 1 bed, 1 bathroom, and is 0-499 square feet. 308 Lester Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Carpet Free
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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 308 Lester Street 605, Waterloo, ON N2L 3W6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $299,000 in Waterloo, the legal minimum down payment is $14,950 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 $2,960 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 $2,960.
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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.