619 - 308 Lester Street

Welcome to the delightful apartment for sale in Waterloo , located at 308 Lester Street, Waterloo. This modern one-bedroom, one-bathroom condo is a gem nestled in the vibrant heart of Waterloo's university district. Perfectly designed for those who appreciate contemporary living, this apartment offers a fantastic rooftop terrace where you can soak in stunning city views. Imagine sipping your morning coffee or unwinding in the evening while enjoying the skyline—it's truly a special feature of this apartment for sale in Waterloo.

As you step inside this lovely abode at 308 Lester Street, Waterloo, you’ll be greeted by an open-concept layout that maximises space and light. The living area boasts laminate flooring throughout, creating a sleek and stylish atmosphere. The kitchen is a highlight, featuring modern stainless steel appliances and contemporary cabinetry that any home chef would appreciate. While there’s no additional kitchen or family room, the flat kitchen design is perfect for whipping up meals or entertaining friends. Plus, the convenience of in-suite laundry adds an extra layer of comfort to your daily routine.

The bedroom in this apartment for sale in Waterloo is spacious and offers ample closet space, making it an ideal retreat after a long day. Though there is no den or additional rooms, the layout is thoughtfully designed to ensure you have everything you need without feeling cramped. The bathroom is well-appointed, providing all the essentials, and it complements the overall modern aesthetic of the apartment.

At 308 Lester Street, Waterloo, you’ll also find that this condo is equipped with central air conditioning, ensuring you stay cool during those warm summer months. However, it’s worth noting that there’s no fireplace or central vacuum system, which keeps maintenance straightforward and hassle-free. The building itself is a well-maintained brick and concrete structure, adding to the overall charm of the property.

Parking is a breeze with a premium covered parking spot included on the ground floor, which is a rare find in such a bustling area. While there is no additional land or parking space available, the surface garage is more than sufficient for your needs.

Living in this apartment for sale in Waterloo means you’re just steps away from Wilfrid Laurier University and the University of Waterloo, making it an excellent choice for students, young professionals, and investors alike. The surrounding community is lively, with plenty of shopping, restaurants, and cafés nearby, ensuring you’ll never be short of things to do. Public transit is easily accessible, making commuting a doddle.

This condo is a fantastic investment opportunity, especially in such a high-demand rental area. With its age of 6-10 years, it strikes the perfect balance between modern amenities and established charm. You’ll enjoy access to premium building amenities, including a fitness centre and a party room, perfect for socialising or unwinding after a busy day.

In summary, if you’re on the lookout for a stylish and modern apartment for sale in Waterloo, 308 Lester Street, Waterloo, is the place to be. With its prime location, contemporary features, and thoughtful design, this one-bedroom condo checks all the boxes for comfortable living or a savvy investment. Don’t miss out on this opportunity to own a piece of Waterloo’s vibrant community!

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, catering to families with children of all ages. The highly-rated Winston Churchill Public School, located just 1.1 km away, serves grades JK to 6 and boasts an impressive rating of 4.9. For older elementary students, MacGregor Public School is conveniently located 1.0 km from the property, offering grades 7 and 8, although it currently has a rating of 0. Secondary education options include Waterloo Collegiate Institute, only 0.6 km away, with a rating of 6.3, and the Kitchener-Waterloo Collegiate and Vocational School, 3.1 km distant, rated 7. Additionally, St. David Catholic Secondary School, located 1.0 km away, offers a strong Catholic education with a rating of 7.4. Families can also choose from several other elementary schools, including Our Lady of Lourdes Catholic Elementary School and Sir Edgar Bauer Catholic Elementary School, both offering quality education within a short distance. Overall, the area provides a diverse selection of public and Catholic schools, ensuring that residents have access to excellent educational opportunities for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 3,283 residents, characterized by a youthful average age of 24.4 years. The average household consists of two individuals, with a significant portion of the population (87.69%) being single. Economic conditions indicate that the average household income is $40,320, with a notable 47.9% of the population classified as low-income. The housing market reflects a high demand for rental properties, as 90.85% of residents are renters, predominantly living in condominiums, which make up 80.72% of the housing stock. Households with children are relatively rare, comprising only 8.33% of the total. The area is also home to a diverse population, 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, which may impact economic dynamics. Overall, this demographic snapshot highlights a vibrant, youthful community with a strong rental market and a focus on education, albeit facing challenges related to income levels and employment participation.