280 LESTER Street Unit# 202

About this home.

Welcome to 280 Lester Street, where location, layout, and lifestyle come together in the heart of Waterloo’s University District. This premium fully furnished 1 BEDROOM + DEN unit offers an exceptional opportunity for students, young professionals, parents investing for their children, or investors looking for a turnkey property in one of Waterloo’s most sought-after locations. Freshly painted in 2025 and already vacant for immediate possession, this bright and spacious unit stands out with its larger floor plan and two oversized balconies, creating rare additional outdoor living space perfect for studying, entertaining, or relaxing after a long day. Just minutes from the University of Waterloo and within walking distance to Wilfrid Laurier University, this location offers unbeatable convenience with nearby restaurants, shopping, transit, parks, and everyday amenities all at your doorstep. Move-in ready and designed for easy living, this is an ideal opportunity to own in one of Waterloo’s most established and high-demand university communities. (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.