709 - 280 Lester Street

Welcome to a rare find in the vibrant city of Waterloo! This stunning condo for sale in Waterloo is situated at 280 Lester Street, Waterloo, and offers an exceptional living experience in the heart of the Beechwood/University community. With its prime location, you’ll find yourself just moments away from Wilfrid Laurier University, the University of Waterloo, and Conestoga College, making it an ideal choice for students and professionals alike.

This impressive condo apartment features two spacious bedrooms and two full bathrooms, providing ample space for comfortable living. The unit boasts a sleek and modern design, with a spacious open-concept layout that is perfect for entertaining or simply relaxing at home. The laminate wood flooring throughout adds a touch of elegance, while the abundant natural light creates a warm and inviting atmosphere.

One of the standout features of this condo for sale in Waterloo is the large wraparound balcony, which offers stunning views of the city. Imagine sipping your morning coffee or enjoying a glass of wine in the evening while taking in the picturesque surroundings. It’s the perfect spot to unwind after a long day or to host friends for a casual gathering.

The kitchen is well-appointed with stainless steel appliances, including a built-in microwave, dishwasher, refrigerator, stove, and washer/dryer. The granite countertops not only enhance the aesthetic appeal but also provide a durable and functional space for meal preparation. Whether you’re a culinary enthusiast or just enjoy the convenience of cooking at home, this kitchen is sure to impress.

In addition to the impressive living space, this condo for sale in Waterloo includes an owned underground parking space, which is a rare find in such a bustling area. While there is no garage space or additional land, the convenience of having a designated parking spot cannot be overstated, especially in a city where parking can be a challenge.

For your comfort, the unit is equipped with central air conditioning, ensuring that you stay cool during the warmer months. The heating is provided by a forced air system using natural gas, which is efficient and reliable. You’ll also appreciate the presence of a fireplace, adding a cosy touch to your living space during the colder months.

Although the condo is unfurnished, it offers a blank canvas for you to personalise and make your own. With a total of six rooms, including two bedrooms and two bathrooms, you have plenty of space to create your ideal home. The absence of a family room and central vacuum system may be noted, but the overall layout and features of the unit more than compensate for these aspects.

Living at 280 Lester Street, Waterloo, means you’ll be surrounded by a wealth of amenities. Public transit options are readily available, making commuting a breeze. You’ll find a variety of restaurants and shops nearby, ensuring that you have everything you need right at your doorstep. The lively atmosphere of the Beechwood/University community adds to the appeal, making it a fantastic place to call home.

In summary, this condo for sale in Waterloo at 280 Lester Street, Waterloo, offers an incredible opportunity to live in a modern, well-equipped unit in a prime location. With two bedrooms, two bathrooms, a spacious open-concept layout, and a large wraparound balcony with stunning city views, it’s a perfect choice for anyone looking to enjoy the best of what Waterloo has to offer. Don’t miss your chance to make this exceptional condo your new home!

The Beechwood/University area in Waterloo is a vibrant and picturesque neighbourhood, characterised by its blend of residential charm and academic influence. Nestled near the University of Waterloo, this community boasts tree-lined streets, well-maintained parks, and a variety of local amenities, making it an ideal place for families, students, and professionals alike. The proximity to the university brings a youthful energy, with an array of cafes, shops, and cultural activities that enrich the local atmosphere. Residents can enjoy easy access to public transport, recreational facilities, and scenic walking trails, all while being part of a welcoming and engaged neighbourhood. Whether you're seeking a quiet retreat or a lively social scene, Beechwood/University offers a unique and appealing lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest elementary school, Winston Churchill Public School, is just 1.1 km away and boasts an impressive rating of 4.9, offering grades JK to 6 in English. MacGregor Public School, also nearby at 1.0 km, serves grades 7 and 8 but has no current rating. For secondary education, Waterloo Collegiate Institute is a mere 0.6 km away, rated at 6.3, while Kitchener-Waterloo Collegiate and Vocational School, located 3.1 km away, has a higher rating of 7. The area also features French-language options, such as Keatsway Public School (1.9 km, rated 6.6) and MacGregor Public School (1.0 km, no rating). For Catholic education, Our Lady of Lourdes Catholic Elementary School (2.0 km, rated 6.5) and St. David Catholic Secondary School (1.0 km, rated 7.4) are excellent choices. With a variety of public and Catholic schools nearby, parents can feel confident in the educational opportunities available for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,283 residents, with an average household size of 2 individuals. The demographic profile reveals a youthful community, with an average age of 24.4 years. The average household income stands at $40,320, and a significant portion of the population, approximately 47.9%, is classified as low-income. The housing market is characterized by an average property price of $480,000, with a high percentage of renters at 90.85%, and a predominant presence of condominiums, making up 80.72% of the housing stock. The community is largely single, with 87.69% of residents identifying as such, and only 8.33% of households include children. Additionally, 17.75% of the population consists of immigrants, contributing to the area's diversity. Educational attainment is notable, with 54.09% of residents holding a college or university degree. However, the labor force participation is relatively low, with 43.48% of the population not engaged in the workforce. This demographic snapshot highlights a vibrant, youthful community with a strong rental market and a focus on education, despite economic challenges faced by many residents.