280 LESTER Street Unit# 715

About this home.

MOVE-IN READY, ALL FURNITURE AND ALL APPLIANCES ARE INCLUDED. High Demand Sage 5 in the Red Hot Waterloo's University District, this very bright and well maintained 1 bed & 1 bath condo on the 7th floor offers great views, including the Very Famous UW Engineering 7 Building. Currently the living room has a 2nd bed, a great opportunity to accommodate extra occupant. In-suite laundry plus a 18'5 X 5'1 balcony. Great Amenities In A Well Managed Building. Within walking distance to Bus Routes, restaurants, University Of Waterloo, Wilfrid Laurier University, Conestoga College Waterloo Campus, TNT Supermarket. A short drive to many other amenities. Low monthly condo fee, currently only $308.23 including Building Insurance, Building Maintenance, C.A.M., Central Air Conditioning, Ground Maintenance/Landscaping, Heat, High Speed Internet, Natural Gas, Property Management Fees, Roof, Snow Removal and Water. (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.

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