308 Lester Street, Unit 28, Waterloo, ON

$299,900
MLS#:X13165264
1 beds
1 baths
0-499 sqft
Residential Condo & Other
308 Lester Street 528, Waterloo, ON N2L 0H9
⚠️

Property no longer active

This property was sold on July 13, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $299,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 0-499 sqft
  • 0.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter, Separate Heating Controls
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 308 Lester Street - a bright and spacious one-bedroom condo ideally situated in the heart of Waterloo's vibrant university district. Just steps from both the University of Waterloo and Wilfrid Laurier University, this well-appointed unit offers exceptional convenience for students, young professionals, or savvy investors alike. Filled with natural light, the thoughtfully furnished interior creates a comfortable and move-in-ready living space designed for effortless everyday living. Enjoy easy access to public transit, shopping, restaurants, cafes, and all nearby amenities. Vacant possession available after August 15, 2026, making this an excellent opportunity for both end-users and investors planning ahead.

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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 76 days. This property is listed at $299,900 with an estimated mortgage of $998* 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.
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
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 0-499 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
1
Bathrooms
1
Kitchens
1
Living Area
0-499 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJuly 13, 2026
Sold price information is available to members only
Listed Date5/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionConcrete, Brick
BasementNone
CountyWaterloo
Annual Tax$2,416.98

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Place Of Worship
  • Rec./Commun.Centre
  • School
  • Public Transit

Interior Features

  • Separate Hydro Meter
  • Separate Heating Controls

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 308 Lester Street, Unit 28, Waterloo, ON

Q.What is the asking price for 308 Lester Street, Unit 28, Waterloo, ON ?

The current listing price for 308 Lester Street, Unit 28, Waterloo, ON in Waterloo is $299,900.

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

This property features 1 bedroom and 1 bathroom across approximately 0-499 sqft.

Q.What property type and architectural style is 308 Lester Street, Unit 28, Waterloo, ON ?

308 Lester Street, Unit 28, Waterloo, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What key property features does 308 Lester Street, Unit 28, Waterloo, ON offer?

Key property features include: Hospital, Library, Place Of Worship, Rec./Commun.Centre, School, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Separate Hydro Meter, Separate Heating Controls.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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308 Lester Street, Unit 28, 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 308 Lester Street 528, Waterloo, ON N2L 0H9

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.

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Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$89,970 (30.0%)
* Minimum Canadian down payment required for this price is $14,995.
Amortization Period30 Years
Estimated Monthly Payment$998Based on a loan of $209,930 over 30 years.
Purchase Price$299,900
Loan Amount$209,930
Provincial Land Transfer Tax:$2,974
Total Estimated Closing Taxes:$2,974

About Purchasing a Home in Waterloo, ON

For a property listed at $299,900 in Waterloo, the legal minimum down payment is $14,995 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 $2,974 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 $2,974.

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$785,885

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.