522 - 280 Lester Street

Introducing an exceptional opportunity to acquire an apartment for sale in Waterloo , located at 280 Lester Street, Waterloo. This splendid condo apartment is situated in a prime location, mere moments from the University of Waterloo and Wilfrid Laurier University, making it an ideal choice for owner-occupiers, investors, and students alike. The property boasts an impressive layout, featuring one generously sized bedroom and a large den that can effortlessly serve as a second bedroom.

The apartment for sale in Waterloo is designed to cater to modern living, with a total of five well-appointed rooms. You will appreciate the convenience of two bathrooms, ensuring ample facilities for both residents and guests. The flat-style kitchen is equipped with a stunning granite countertop and high-quality stainless steel appliances, including a built-in dishwasher and microwave. Additionally, a stacked washer and dryer are included, providing practicality and ease for daily living.

One of the standout features of this apartment for sale in Waterloo is the abundance of natural light that floods the spacious living and dining areas. The layout encourages a seamless flow throughout the unit, with a delightful walk-out balcony that offers a perfect spot for relaxation and enjoying the outdoors. The apartment has been thoughtfully designed to maximise space and comfort, making it an inviting home for anyone fortunate enough to reside here.

Situated in a well-managed building, residents will benefit from a range of amenities that enhance the living experience. Although there is no pool or family room, the property compensates with its strategic location and the convenience of an underground garage space for one vehicle. The building is constructed with a sturdy brick front, ensuring durability and a classic aesthetic that stands the test of time.

At 280 Lester Street, Waterloo, you will find a modern living environment that is both unfurnished and ready for your personal touch. The apartment features central air conditioning and is heated by a forced air system, ensuring comfort throughout the year. While there is no central vacuum system or additional land associated with the property, the thoughtful design and features more than compensate for these aspects.

The age of the building, ranging from six to ten years, means that it benefits from contemporary construction standards, providing peace of mind for potential buyers. With no basement and no additional rooms, this apartment for sale in Waterloo is straightforward and easy to maintain, allowing you to focus on enjoying your new home rather than worrying about upkeep.

In summary, this apartment for sale in Waterloo at 280 Lester Street, Waterloo, presents a remarkable opportunity for those seeking a spacious and well-located residence. Whether you are a student looking for a convenient place to live, an investor searching for a promising rental property, or someone wanting to own a lovely home in a vibrant community, this condo apartment checks all the boxes. Don’t miss your chance to make this exceptional property your own; the perfect blend of comfort, style, and location awaits you at 280 Lester Street, Waterloo.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 2 km radius, you'll find a variety of schools catering to different educational needs. Winston Churchill Public School, just 1.1 km away, offers elementary education from JK to grade 6 and boasts an impressive rating of 4.9. For older elementary students, MacGregor Public School is located only 1 km away, although it currently has a rating of 0. Nearby, Waterloo Collegiate Institute provides secondary education for grades 9 to 12, with a rating of 6.3, located just 0.6 km from the property. Additionally, Keatsway Public School offers French language instruction for grades 1 to 6, rated at 6.6, and Our Lady of Lourdes Catholic Elementary School, 1.9 km away, serves grades JK to 8 with a rating of 6.5. For secondary education, St. David Catholic Secondary School is 1 km away and rated 7.4. Overall, the area offers a diverse selection of public and Catholic schools, ensuring quality education options for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,283 residents, characterized by a youthful demographic with an average age of 24.4 years. The average household size is two, with a significant portion of the population, approximately 87.69%, identifying as single. The economic landscape reveals an average household income of $40,320, with nearly half (47.9%) of the residents classified as low-income. The housing market is predominantly rental-based, with 90.85% of households renting, and a notable 80.72% residing in condominiums. Families with children are relatively rare, making up only 8.33% of households. The area also has a diverse community, with 17.75% of residents being immigrants. Educational attainment is high, with over half (54.09%) holding a college or university degree. However, a significant portion of the population, 43.48%, is not in the labor force, indicating potential challenges in employment opportunities. The average property price in the area stands at $480,000, reflecting the demand in a predominantly rental market. Overall, this demographic profile paints a picture of a vibrant, youthful community with a mix of educational attainment and economic challenges.