280 Lester St 404
Waterloo, N2L 0G2
FOR SALE
$559,000
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Property Description
Step into the perfect blend of comfort and convenience with this stunning 740 sqft furnished condo ideally situated minutes away from WilfridLaurier University, Waterloo University, and Conestoga College. This prime location puts you right in the centre of vibrant amenities with some of the lowest condo fees in the area , making it an ideal choice for students or professionals alike! Enjoy modern living in this well-maintained unit featuring 2 spacious bedrooms and an exclusiveunderground owned parking space. The open-concept design showcases a contemporary kitchen complete with elegant granite countertops andsleek stainless steel appliancesperfect for whipping up culinary delights while enjoying ample storage options! Relax in the living room thatboasts a charming Juliet balcony. Additionally, youll love the rare and expansive 10x30ft private terrace, an ideal spot for entertaining orunwinding in your personal outdoor oasis. Conveniently, you also have a private ensuite laundry. Dont miss out on this incredible opportunitythat caters to both home buyers and savvy investorsschedule a viewing today and secure this remarkable condo as your new home orinvestment! Photos taken prior to tenants **EXTRAS** Furnishings included: 1 double bed frame with/mattress, 1 side table, 2x 3-drawer dressers, 2 desk chairs, 3 bar stools, sofa, coffee table as well as 2 desks, a tv with stand in storage.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-15 | 2024-02-21 | 68 | $2,600 | $2,600 | Leased |
| 2024-01-30 | 2024-02-23 | 24 | $539,000 | - | Terminated |
| 2021-02-17 | 2021-03-29 | 39 | $1,800 | $1,800 | Leased |
| 2019-11-01 | 2020-03-30 | 151 | $364,999 | $355,000 | Sold |
| 2019-05-07 | 2019-10-30 | 176 | $374,999 | - | Expired |
Nearby Intersections
Property Features
Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,664 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 6.66' x 7.41' | Closet |
| Br | Main | 9.51' x 13.68' | W/O To Balcony |
| 2nd Br | Main | 8.50' x 12.07' | W/O To Balcony |
| Kitchen | Main | 9.74' x 14.17' | Granite Counter, Stainless Steel Appl, Open Concept |
| Living | Main | 8.43' x 9.58' | Juliette Balcony |
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Waterloo Market Statistics
Waterloo Price Trend
280 Lester St 404 is a 2-bedroom 1-bathroom condo listed for sale at $559,000, which is $100,300 (21.9%) higher than the average sold price of $458,700 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo increased by $8,700 (1.9%) compared to the previous 30 day period (December 22 - January 20) and down $68,223 (12.9%) from the same time one year ago.Inventory Change
There were 24 2-bedroom condos listed in Waterloo over the last 30 days (January 21 - February 19), which is down 7.7% compared with the previous 30 day period (December 22 - January 20) and down 7.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold $42,100 (9.2%) above asking price over the last 30 days (January 21 - February 19), which represents a $57,100 increase compared to the previous 30 day period (December 22 - January 20) and ($7,569) 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 2-bedroom condos in Waterloo over the last 30 days (January 21 - February 19) stood at 20.8%, down from 34.6% over the previous 30 days (December 22 - January 20) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Waterloo stood at 23 days when successfully sold over the last 30 days (January 21 - February 19), compared to 88 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Wolle Realty
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