280 Lester St 218

Waterloo, N2L 0G2
FOR SALE
$499,000
280 Lester St 218, Waterloo
280 Lester St 218
280 Lester St 218
280 Lester St 218
280 Lester St 218
280 Lester St 218
280 Lester St 218
280 Lester St 218
280 Lester St 218
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
X8248744
MLSID
Contact Us
Property Description
Welcome to SAGE 5. Centrally located steps away from The University Of Waterloo & Wilfred Laurier. Well designed layout for this fully furnished one bedroom + Den and two bathroom suite. Large Den can be used as a 2nd bedroom. Open concept kitchen featuring granite countertops, modern cabinets & stainless steel appliances. Amenities include roof top garden, full exercise room with cardio and weights, media room, study room. High speed internet included in maintenance fee. Ideal suite for investors, young professionals or students.
Extras
Currently tenanted using Sage Living Management. Assume lease until end of August 2024.
Nearby Intersections
Property Features
Library, Park, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$312 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain8.10' x 13.39'Porcelain Floor, Stainless Steel Appl, Granite Counter
DiningMain8.10' x 9.09'Laminate, Window, Combined W/Living
LivingMain8.10' x 9.09'Laminate, Window, Combined W/Dining
Prim BdrmMain9.61' x 13.09'Laminate, Window, Closet
DenMain10.01' x 10.99'Hardwood Floor
Waterloo Market Statistics
Waterloo Price Trend
280 Lester St 218 is a 1-bedroom 2-bathroom condo listed for sale at $499,000, which is $20,539 (4.3%) higher than the average sold price of $478,461 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $91,461 (23.6%) compared to the previous 30 day period (March 3 - April 1) and up $27,628 (6.1%) from the same time one year ago.
Inventory Change
There were 15 1-bedroom condos listed in Waterloo over the last 30 days (April 2 - May 1), which is down 53.1% compared with the previous 30 day period (March 3 - April 1) and down 0.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($6,145) (1.3%) below asking price over the last 30 days (April 2 - May 1), which represents a $2,257 decrease compared to the previous 30 day period (March 3 - April 1) and ($10,833) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Waterloo over the last 30 days (April 2 - May 1) stood at 86.7%, up from 15.6% over the previous 30 days (March 3 - April 1) and up from 40.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Waterloo stood at 33 days when successfully sold over the last 30 days (April 2 - May 1), compared to 70 days before being removed from the market upon being suspended or terminated.
Listing contracted with Culturelink Realty Inc.
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