308 LESTER Street Unit# 101

About this home.

This unit is a cut above the rest! From the moment you step inside, you’ll appreciate the thoughtful extras that set it apart — including an owned parking spot and the convenience of ground floor living with easy access in and out of the building. The real standout, however, is the private walk-out terrace, a rare feature that creates the perfect outdoor space for studying, relaxing, or socializing on warm days. Located in the heart of Waterloo’s vibrant University district at 308 Lester Street – Platinum II, this contemporary one-bedroom, one-bathroom condo is purposefully designed with the luxury student market in mind. Enjoy exceptional walkability, with both the University of Waterloo and Wilfrid Laurier University just a short ten-minute stroll from your front door. Inside, the unit showcases modern, upscale finishes including granite countertops, stainless steel appliances, high ceilings, and the convenience of in-suite laundry. Residents also benefit from immediate access to ground floor retail and seamless connectivity via the nearby LRT at the University of Waterloo Station, making it easy to get around the city and beyond. Vacant Possession available June 1st. (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.