280 Lester St 302
Waterloo, N2L 3W5
FOR SALE
$434,900
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Property Description
Welcome to 280 Lester, Unit 302 A Rare Opportunity in Waterloos Premier Student District! This rare offering in Sage V, one of the trendiest and most sought-after condo buildings, presents a unique opportunity for homebuyers & investors alike. Units in this building seldom come available, making this a truly exceptional find. This stunning one-bedroom plus study condo (which can easily serve as a second bedroom) is an ideal blend of modern luxury & practicality. Featuring soaring ceilings & an abundance of natural light, this home is both spacious & inviting. Every corner of this condo has been thoughtfully designed with comfort and convenience in mind. The unit comes fully furnished, making it move-in ready for immediate enjoyment. The kitchen boasts all stainless steel appliances, while in-suite stacked laundry adds a layer of convenience for everyday living. Youll also enjoy the luxury of a private balcony that offers not one, but two sliding access points. As a resident of Sage V, youll have access to a range of fantastic amenities, including an on-site fitness facility, common social lounges, and a spacious outdoor terrace for relaxation and socializing. The buildings prime location places you just steps away from Wilfrid Laurier University, The University of Waterloo, and Conestoga College. Public transit is also at your doorstep, with Waterloo LRT station just moments away. For those looking to enjoy the best of Uptown Waterloo, youll be minutes from a variety of restaurants, local shops, parks, and all the excitement of the uptown lifestyle. The condo fees include heat, water, and high-speed internet. Whether you're looking for a place for yourself, a property for your children, or a promising investment opportunity, this unit offers endless possibilities. Don't miss your chance to own a piece of one of Waterloos most desirable living spaces. Book your showing Today!
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,889 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | Main | 4.92' x 7.55' | |
| Br | Main | 8.20' x 12.47' | |
| Den | Main | 5.58' x 9.51' | |
| Kitchen | Main | 11.81' x 10.17' | |
| Living | Main | 11.81' x 9.19' |
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Waterloo Market Statistics
Waterloo Price Trend
280 Lester St 302 is a 1-bedroom 1-bathroom condo listed for sale at $434,900, which is $69,900 (19.2%) higher than the average sold price of $365,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $64,000 (14.9%) compared to the previous 30 day period (December 22 - January 20) and down $20,000 (5.2%) from the same time one year ago.Inventory Change
There were 21 1-bedroom condos listed in Waterloo over the last 30 days (January 21 - February 19), which is up 90.9% compared with the previous 30 day period (December 22 - January 20) and up 61.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($8,000) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $20,000 increase compared to the previous 30 day period (December 22 - January 20) and ($13,800) 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 (January 21 - February 19) stood at 42.9%, up from 18.2% over the previous 30 days (December 22 - January 20) and up from 38.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Waterloo stood at 57 days when successfully sold over the last 30 days (January 21 - February 19), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Twin City Realty Inc.
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