511-308 Lester Street, Waterloo, ON

Waterloo
Lester Street and Hickory Street West
1 Br | 1 Bath | 0-499 Sqft
$285,000 For Sale

Property Overview

  • Condo Apartment — Apartment
  • SqFt: | 0-499 Sqft
  • Monthly Fee: $319/mo
  • Fee Includes: CAC Included, Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included
  • Exposure: West
  • Balcony: Open
  • Locker: None
  • Ensuite Laundry: Yes
  • Age: 6-10 Years
  • Taxes: 2,521 / 2026
  • MLS #: X13751246
  • Heat Source: Other , Forced Air

Property Description

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.

Flat screen TV and all furniture shown in listing photos are included.

Property Details

  • For: For Sale
  • Type: Condo Apartment
  • Style: Apartment
  • Region: Waterloo
  • Hood: Waterloo
  • Pets Allowed: Yes-with Restrictions
  • Senior Community: No
  • Condo/Association: Yes

Building Details

  • Building: Sage Platinum II
  • Condo Corp #: 663
  • Association: WSCC
  • Management: Wilson Blanchard
  • Age: 6-10 Years
  • Exterior: Brick, Concrete
  • Heat: Other , Forced Air
  • A/C: Central Air
  • Total Parking: 0.00
  • Parking Features: Surface
  • Locker: None

Property Interior

  • Sqft: 0-499 Sqft
  • Bed: 1
  • Bath: 1
  • Kitchen: 1
  • Ensuite Laundry: Yes
  • Interior Features: None
Rooms Details

Kitchen

Main Level

1.63 x 3.15

Dining Room

Main Level

1.55 x 1.63

Living Room

Main Level

3.61 x 4.17

Primary Bedroom

Main Level

2.41 x 3.18

Property Listed by: CITYSCAPE REAL ESTATE LTD.
Virtual Tour: n/a

Home Valuation Estimate

What is 511-308 Lester Street, Waterloo, ON worth in today’s Waterloo condo market?

This HomeZira valuation preview helps buyers and sellers review the asking price for this 1-bedroom Condo Apartment with 0-499 sq. ft. in Waterloo. The full estimate considers the condo’s location, property type, bedroom count, size range, building age, maintenance fee, and nearby comparable market activity after sign-in.

Condo-specific estimate See a valuation range built around this unit’s local condo profile.
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Fee and building factors Consider size, age, bedroom count, parking, locker, and maintenance-fee context.

This listing shows a $319/mo maintenance fee, which can be an important part of condo value comparison because monthly costs affect affordability and buyer demand.

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Location

  • Address: 511-308 Lester Street
  • Neighborhood: n/a
  • Zip/Postal Code: N2L 3W7
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*Monthly total = monthlyized mortgage payment + taxes/12 + condo fee.

About 511-308 Lester Street, Waterloo

Located at 511-308 Lester Street, Waterloo, ON (Waterloo), near Lester Street and Hickory Street West, this condo offers a balanced mix of comfort and day-to-day practicality. Inside, you’ll find Condo Apartment, 1 bedroom, 1 bathroom and approximately 0-499 sq.ft. of interior space. West exposure for consistent daylight, with an open balcony that extends the living space outdoors. Everyday convenience includes 0 underground parking spots, an owned locker and ensuite laundry: Yes. The condominium budget is straightforward, with monthly fees of $319/mo and coverage for CAC Included, Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included. The building is Sage Platinum II, TSCC #663 and Wilson Blanchard managing the property. It is currently listed at $285,000. MLS® X13751246.

Condo FAQs for 511-308 Lester Street, Waterloo, ON , Waterloo

What are the listing details for 511-308 Lester Street, Waterloo, ON?
511-308 Lester Street, Waterloo, ON is a Condo Apartment for sale in Waterloo, Waterloo. The current list price is $285,000. MLS number: X13751246.
How many bedrooms and bathrooms does this condo have?
511-308 Lester Street, Waterloo, ON is listed as a Condo Apartment with a ["Apartment"] style, featuring 1 bedroom(s) and 1 bathroom(s). The listed interior size range is 0-499 sq. ft..
What is the monthly condo fee for this listing?
The listed monthly maintenance fee is $319/mo. The listing shows the fee includes: ["CAC Included","Common Elements Included","Heat Included","Building Insurance Included","Parking Included","Water Included"].
What parking, locker, balcony, and exposure details are shown?
Total parking is listed as 0 space(s). Locker is listed as: None. Balcony type is listed as: Open. Exposure is listed as: West. Ensuite laundry is listed as: Yes.
What building or condo corporation details are listed?
Building name: Sage Platinum II. Condo corporation number: 663. Property management company: Wilson Blanchard.
Where is this condo located?
511-308 Lester Street, Waterloo, ON is located in Waterloo. The listed cross street is Lester Street and Hickory Street West. Annual taxes are listed as $2,521 / 2026. The public listing page shows active listing information only and does not include sold prices in this FAQ.

FAQ content is based on current active condo listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.