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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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308 Lester Street #511 Waterloo
For SaleSage Platinum II in Waterloo

308 Lester Street #511 Waterloo, Condo Apartment for Sale

MLS® X13751246

Waterloo, ON

60 days on market
$285,000
Show on Map
Show on Map
1Beds
1Baths
N/ASqft
N/AParking
Pet Friendly
Condo Apartment

Overview· 308 Lester Street #511 Waterloo

MLS® #X13751246

Welcome to a prime parent-owner opportunity in Waterloo's coveted university district. This stylish 1-bedroom, 1-bathroom condo is perfectly positioned for families planning ahead: currently tenanted until August 27, 2027, it offers immediate rental income while you prepare for your child's arrival at the UW or WLU in September 2027. Start collecting rent now, then transitioning seamlessly to a safe, modern, independent living space for your child next September - all while building equity in one of Ontario's most resilient real estate markets. Located just a 10-minute walk from both UW and WLU lecture halls and steps from the UW LRT Station, this unit eliminates commute stress and places your child at the heart of campus life. Inside, enjoy premium finishes including granite countertops, stainless-steel appliances, in-suite laundry, high ceilings, modern neutral tones, laminate flooring throughout, a spacious bedroom with large closet, and a private balcony with great views. Building amenities are designed for student success and comfort, with the included fibre-optic internet service, on-site fitness facility, social lounge, rooftop terrace, secure bike storage, and professional on-site management. Low condo fees cover most essentials (all except hydro), and the unit comes fully furnished - including all appliances, window coverings, and furniture - making it truly turnkey. Lock in today's price, avoid the uncertainty of unreliable roommates or subpar rentals, and give your child a clean, modern, and secured environment where they can thrive academically. With parks, shopping, dining, and transit all within walking distance, this unit delivers everything a student needs, and everything a parent wants. Don't miss this rare chance to safeguard your child's future and your family's financial advantage in one of Waterloo's highest-demand student housing markets. This isn't just an investment; it's a smart family strategy.

Inclusions

Flat screen TV and all furniture shown in listing photos are included.

Exclusions

Tenant belongings

Broker

CITYSCAPE REAL ESTATE LTD.

Building

Sage Platinum II

308 Lester Street

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Walk Score®79Very WalkableVery Walkable
Transit Score®70Excellent TransitExcellent Transit
Bike Score®91Biker's ParadiseBiker's Paradise
Schools598 schools within 1.5 km · nearest 387 m8 schools within 1.5 km · nearest 387 m
Parks514 parks within 1 km · nearest 178 m4 parks within 1 km · nearest 178 m
Convenience8644 groceries, cafes and pharmacies within 1 km · nearest 212 m44 groceries, cafes and pharmacies within 1 km · nearest 212 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only
Pet Friendly100Pets are Welcome

Highlights & Amenities· 308 Lester Street #511 Waterloo

Source: MLS® listing data
Sage Platinum II

Sage Platinum II

308 Lester Street #511 Waterloo

Waterloo

Built

6-10

Type

Condo Apartment

Basement

None

Parking

Surface (0)

Property Tax

~$2,521/yr

Heating

Forced Air

Laundry

In-Suite Laundry

Buying Essentials

Maintenance Fee

$319/mo

Fee Includes

CAC · Common Elements · Heat · Building Insurance · Parking · Water

Parking

Surface (0)

Locker

None

Finances

List Price

$285,000

Property Tax

~$2,521/yr

Property Specs

Property Type

Condo Apartment

Age of Building

6-10

Exposure

West

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

In-Suite Laundry

Heating Type

Forced Air

Features

None

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Waterloo

Corp #

WSCC 663

Property Manager

Wilson Blanchard

Listed On

Sep 7, 2026

Bike Storage

Exercise Room

Rooftop Deck/Garden

Visitor Parking

Price & Listing History

Days on Market

Current: 60 days

0306090120+

Rooms

Kitchen(Main)

5.3 x 10.3

55 sqft

Dining Room(Main)

5.1 x 5.3

27 sqft

Living Room(Main)

11.8 x 13.7

162 sqft

Primary Bedroom(Main)

7.9 x 10.4

82 sqft

RoomsDimensionsFeaturesSqft
Kitchen(Main)5.3 x 10.3—55
Dining Room(Main)5.1 x 5.3—27
Living Room(Main)11.8 x 13.7—162
Primary Bedroom(Main)7.9 x 10.4—82

Rooms

4

Listed Room Area

326 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Schools closest to 308 Lester Street #511 Waterloo.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$1,146/mo
Property Tax$210/mo
Total Monthly$1,356

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0