$285,000
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511 308 Lester Street, Waterloo on N2L 3W6, Waterloo, ON N2L 3W6

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1 Bed
1 Bath
465 Sq Ft

Welcome to a prime parent-owner opportunity in Waterloos 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 childs 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 Ontarios 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 todays 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. Dont miss this rare chance to safeguard your childs future and your familys financial advantage in one of Waterloos highest-demand student housing markets. This isnt just an investment; its a smart family strategy. Call to book your private showing today.

Listing By: Jay Chan - CITYSCAPE REAL ESTATE LTD cnitso Realty.com
  • MLS® 40859613
  • Date Listed09/07/2026
  • Days on Realty 20 Days
  • Bedrooms 1
  • Bathrooms 1 Full baths
  • Lot Size -
  • County Waterloo
  • Year Built 2018
  • Square Feet 465 sq. ft
  • Price Per Sq. Ft $612.9

Interior Features

  • Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Cooling Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Roof Flat
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Urban, City Lot, Hospital, Library, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby

Directions

Lester Street and Hickory Street West

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L 3W6

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L 3W6

Source: Walk Score

62/100

Somewhat Walkable

Walk Score ®

65/100

Good Transit

Transit Score ®

0/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Points of Interest near 511 308 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6

Frequently Asked Questions for 511 308 Lester Street, Waterloo ON N2L 3W6

Source: Realty.com

511 308 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6 in Waterloo, ON N2L 3W6 is a attached listed at $285,000. Highlights include 1 bedroom, 1 bathroom, 465 sq. ft., built in 2018, $613 per sq. ft., HOA fee $319 Monthly. Realty.ca has 31 photos, sales history, school insights, and mortgage tools for this...

Realty.com has 31 photos of 511 308 Lester Street, Waterloo ON N2L 3W6.

Our records indicate that 511 308 Lester Street, Waterloo ON N2L 3W6 was built in 2018.

The full address for this home is 511 308 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6.

511 308 Lester Street, Waterloo ON N2L 3W6 has been listed on Realty.com since Mon September 07, 2026

Some errands can be accomplished on foot. Many nearby public transportation options. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Listing provided courtesy of: Cityscape Real Estate Ltd (tel: 905-241-2222)
Listing agent: Jay Chan (tel: 519-590-4687)

This content last refreshed on 2026-09-27 08:26:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.