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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Waterloo
  • 417 - Beechwood/University
  • 280 Lester Street
280-lester-street-waterloo-ontario-40727338
280-lester-street-waterloo-ontario-40727338
280-lester-street-waterloo-ontario-40727338
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  • Sold Sold in Aug 2025
  • Condo Apt

216 - 280 Lester Street

Waterloo, 417 - Beechwood/University
  • 3 Bedrooms
  • 3 Bathrooms
  • 0 Garage
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Sold Price: $ 522,500
1.19%
Listed Price: $ 528,800
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Key Facts About 216 - 280 Lester Street, Waterloo

  • Tax $4,568 / 2024
  • Property Type Residential
  • Building Type Condo/Apt Unit
  • Building Style 1 Storey/Apt
  • Property Attached Attached
  • Maintenance Fees $540.24
  • Building Age 2016
  • Size 1040 feet²
  • Listing # 40727338
  • Data Source ITSO
  • Days on Market 88
  • Listed On 16/05/2025
  • Updated On 04/09/2025
  • Market Demand
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Description

Ideal Investment for Students and Parents! Spacious 3-Bedroom, 2.5-Bathroom Condo in Sage V, perfectly located in the heart of the University District—just steps from the University of Waterloo and Wilfrid Laurier University. This fully furnished, turnkey unit is move-in ready and comes complete with TVs, beds, desks, sofa etc. The modern eat-in kitchen features granite countertops, a center island, and stainless steel appliances including a fridge, stove, rangehood, dishwasher, and microwave. The main bathroom includes a stacked washer and dry

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Property Details of 216 - 280 Lester Street, Waterloo

Property

  • Property Type Condo Apt, Attached
  • Style 1 Storey/Apt
  • Fronting On West
  • Community 417 - Beechwood/University
  • Municipality Waterloo

Inside

  • Bedrooms 3
  • Bathrooms 3
  • Kitchen 1
  • Rooms 8
  • Fireplace Y
  • Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Appliances Included Dishwasher,Dryer,Refrigerator,Stove,Washer,Existing Stainles...View More

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air

Building

  • Size 1040 feet²
  • Architecture Style 1 Storey/Apt
  • Roof Flat
  • Construction Block
  • Amenities Elevator(s), Fitness Center, Media Room, Party Room
  • Building Age 2016

Parking

  • Drive Way None
  • Garage 0
  • Total Parking Places 0

Land

  • Zoning RN-8

Features

  • Other Y

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Our Estimate

See Real Estate Market Trends in Waterloo

Estimated Rent

$ 3,213

Rental Yield

5.98%

School Score

7.9/10

Rental Score

5/5

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Rooms

Living Room/Dining Room (4.01X2.97 metre)
Level: Main
Kitchen (3.45X3.23 metre)
Level: Main
Bedroom Primary (3.02X4.01 metre)
Level: Main
Level: Main
Bedroom (3.05X3.38 metre)
Level: Main
Bedroom (3X4.01 metre)
Level: Main
Bathroom
Level: Main
Bathroom
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,109

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $540
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 216 - 280 Lester Street, Waterloo

Introducing an exceptional opportunity to acquire an apartment for sale in Waterloo , located at 280 Lester Street, Waterloo. This spacious three-bedroom, three-bathroom condo is situated in the desirable Sage V building, right in the heart of the University District. It is perfectly positioned just a stone's throw away from both the University of Waterloo and Wilfrid Laurier University, making it an ideal investment for students and parents alike.

The apartment for sale in Waterloo boasts a generous layout, comprising a total of eight rooms, including three well-appointed bedrooms and three bathrooms. Each bedroom is designed with comfort in mind, providing ample space and natural light. However, it is important to note that there is no den included in this property. The main bathroom is equipped with a stacked washer and dryer, offering added convenience for residents.

The heart of this apartment for sale in Waterloo is undoubtedly the modern kitchen, which is located on the main level. It features stunning granite countertops and a central island, perfect for casual dining or entertaining. The kitchen is fitted with high-quality stainless steel appliances, including a refrigerator, stove, range hood, and dishwasher, ensuring that culinary enthusiasts will feel right at home. Although the apartment is unfurnished, it presents a blank canvas for potential buyers to personalise and make their own.

The living area is bright and open-concept, seamlessly connecting to a large balcony that is perfect for relaxation or social gatherings. This outdoor space enhances the living experience, allowing residents to enjoy the fresh air and views of the surrounding area. While the apartment does not include a family room, the expansive living area compensates with its versatility and comfort.

For those considering this apartment for sale in Waterloo, it is worth noting that the building, constructed in 2016, is modern and well-maintained. Central air conditioning ensures a comfortable environment throughout the warmer months, while the forced air heating system provides warmth during the colder seasons. Unfortunately, there is no central vacuum system, but the availability of a dishwasher, dryer, refrigerator, stove, and washer provides essential conveniences for daily living.

One of the key advantages of this property is its proximity to a wealth of amenities. Residents will find themselves just moments away from public transit, restaurants, parks, and various shops, making it an incredibly convenient location. The absence of a garage or designated parking space may be a consideration for some, but the vibrant community surrounding 280 Lester Street, Waterloo, more than compensates for this with its accessibility and lively atmosphere.

This apartment for sale in Waterloo is not just a home; it is an investment opportunity that should not be overlooked. Whether you are a student seeking a comfortable living space close to campus or a parent looking to secure a property that can generate income, this condo ticks all the boxes. The exceptional building amenities, including a spacious study lounge and a fully equipped fitness room, further enhance the appeal of this residence.

In conclusion, 280 Lester Street, Waterloo, offers a remarkable opportunity to own a spacious and modern apartment for sale in Waterloo. With its prime location, generous living space, and proximity to educational institutions, this property is perfect for those seeking a blend of comfort and convenience. Don’t miss out on this must-see unit that promises to be an excellent investment for years to come.

The 417 - Beechwood/University area in Waterloo is a vibrant and diverse neighbourhood that seamlessly blends residential comfort with academic energy. Nestled close to the University of Waterloo and Wilfrid Laurier University, this community is characterised by its leafy streets, charming homes, and a lively atmosphere. Residents enjoy easy access to a range of amenities, including local shops, cafes, and parks, making it an ideal location for students, families, and professionals alike. The area boasts excellent public transport links and is just a short distance from the bustling downtown, offering a perfect balance of tranquility and urban convenience. Whether you’re looking for a quiet place to unwind or a lively environment to engage with fellow residents, Beechwood/University provides a welcoming and dynamic setting for all.

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it an excellent choice for families. Within a 2 km radius, you will find a variety of schools catering to different age groups and educational needs. The highly-rated Winston Churchill Public School, just 1.2 km away, offers elementary education from JK to grade 6 with a commendable rating of 4.7. For older students, Waterloo Collegiate Institute, located only 0.6 km from the property, provides secondary education for grades 9 to 12 and boasts a rating of 6.9. Additionally, the nearby Our Lady of Lourdes Catholic Elementary School and St. David Catholic Secondary School offer alternative educational options, with ratings of 6.3 and 7, respectively. Other schools in the vicinity include MacGregor Public School, which serves grades 7 to 8, and Keatsway Public School, offering French language instruction. With a mix of public and Catholic schools, both in English and French, this area provides a rich educational environment that caters to diverse preferences and needs, ensuring that your children will have access to quality education close to home.

FAQs About 216 - 280 Lester Street, Waterloo

How many bathrooms does this property have?

This property features 3 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 3 bed property in Waterloo is 1040.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 280 Lester Street?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $540.24.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 216 - 280 Lester Street, Waterloo

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Listing History

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