308 Lester St 106
Waterloo, N2L 0H9
FOR SALE
$385,000
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Property Description
Amazing Turnkey Investment Property. Fully Furnished Sleek and Modern One Bedroom Condo with Terrace Steps Away from the University of Waterloo and Wilfred Laurier. Featuring a 3 Piece Bath with Ensuite Laundry. Close to All Conveniences; Plaza, Supermarket, Restaurants, Cafe's, Bars and Public Transit. Fantastic Amenities Including Gym and Roof Top Deck
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Extras
New Buyer to Assume Tenant - 2.5 Year Lease Remaining at $1750/mnth
Nearby Intersections
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,047 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 10.50' x 5.51' | Laminate, Stainless Steel Appl |
Prim Bdrm | Main | 12.80' x 7.74' | Laminate, Sliding Doors, Closet |
Dining | Main | 5.51' x 4.66' | Laminate, Combined W/Living, Open Concept |
Living | Main | 13.68' x 11.15' | Laminate, Combined W/Dining, W/O To Balcony |
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Waterloo Market Statistics
Waterloo Price Trend
308 Lester St 106 is a 1-bedroom 1-bathroom condo listed for sale at $385,000, which is $110,000 (22.2%) lower than the average sold price of $495,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $108,000 (27.9%) compared to the previous 30 day period (February 27 - March 27) and up $48,572 (10.9%) from the same time one year ago.Inventory Change
There were 14 1-bedroom condos listed in Waterloo over the last 30 days (March 28 - April 26), which is down 54.8% compared with the previous 30 day period (February 27 - March 27) and down 6.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($5,000) (1.0%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,112 decrease compared to the previous 30 day period (February 27 - March 27) and ($11,200) 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 (March 28 - April 26) stood at 78.6%, up from 16.1% over the previous 30 days (February 27 - March 27) and up from 46.7% 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 14 days when successfully sold over the last 30 days (March 28 - April 26), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Showcase Realty Mississauga Inc.
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