280 Lester St 623

Waterloo, N2L 0G2
FOR SALE
$499,900
280 Lester St 623, Waterloo
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
X9231068
MLSID
Contact Us
Property Description
Waterloo's Best location between two universities . Close to all amenities .Cannot be missed. Approx. 724 Sq. Ft Big Unit One Bedroom Plus Big Den With Two Bath With Open Balcony one underground parking Condo Fee Included High Speed Internet. Walk To Universities: Waterloo & Laurier. Close To All Amenities: Shopping, Groceries, Restaurants, Banks, Waterloo Park. Unit balcony is park facing and you can enjoy un-interrupted view from living room and balcony . Showings any time . Motivated seller bring your best offer.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-12 2024-07-14 32 $499,900 - Terminated
2024-02-20 2024-04-30 70 $529,900 - Expired
2024-01-23 2024-02-19 27 $539,900 - Terminated
2022-04-14 2022-05-02 18 $539,900 $505,000 Sold
2022-03-23 2022-05-30 68 $549,900 - Terminated
2022-04-14 2022-05-02 18 $539,900 $505,000 Sold
2022-03-23 2022-04-14 22 $549,900 - Suspended
Nearby Intersections
Property Features
Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,323 (2023)
Basement
None
Exterior
Brick, Concrete
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
Waterloo Market Statistics
Waterloo Price Trend
280 Lester St 623 is a 1-bedroom 2-bathroom condo listed for sale at $499,900, which is $179,900 (56.2%) higher than the average sold price of $320,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $68,000 (17.5%) compared to the previous 30 day period (July 17 - August 15) and down $185,000 (36.6%) from the same time one year ago.
Inventory Change
There were 33 1-bedroom condos listed in Waterloo over the last 30 days (August 16 - September 14), which is up 57.1% compared with the previous 30 day period (July 17 - August 15) and up 73.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($29,999) (9.4%) below asking price over the last 30 days (August 16 - September 14), which represents a $14,110 decrease compared to the previous 30 day period (July 17 - August 15) and ($4,900) less 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 (August 16 - September 14) stood at 39.4%, down from 81.0% over the previous 30 days (July 17 - August 15) and up from 26.3% 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 11 days when successfully sold over the last 30 days (August 16 - September 14), compared to 98 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Gold Realty Inc.
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