Scout N Secure

$285,000

Map

308 Lester Street #511

Waterloo, Ontario N2L3W7

For sale· Added

1 bed1 bath0–499 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13751246
Added
Sep 7, 2026 ()
Updated
Sep 9, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Apartment
Ownership
Condo

Inside

Bedrooms
1
Bathrooms
1
Heating
Forced air, Other
Cooling
Central air conditioning
Fireplace
No
Appliances
Furniture
Features
Balcony, In suite Laundry

Building

Basement
None
Exterior
Concrete, Brick
Parking
No Garage
Amenities
Exercise Centre, Visitor Parking
Security
Smoke Detectors
Management
Wilson Blanchard

Land

Zoning
RN-8

Location

Cross streets
Lester Street and Hickory Street West
Nearby
Pets Allowed With Restrictions

Running costs

Annual property tax (2026)
$2,521
Condo fee
$319 Monthly
Includes Common Area Maintenance, Heat, Water, Insurance, Parking

Rooms

KitchenMain level1.63 x 3.15 m
Dining roomMain level1.55 x 1.63 m
Living roomMain level3.61 x 4.17 m
Primary BedroomMain level2.41 x 3.18 m

Ask about this home

$285,000
308 Lester Street
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