308 Lester St 317
Waterloo, N2L 0H9
FOR SALE
$400,000
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Property Description
Seize the chance to own this modern and impeccably maintained condo. Located in a highly sought-after area, this property is only minutes away from the University of Waterloo, Wilfrid Laurier University, GO Transit, and the new LRT, offering unparalleled convenience for students and professionals.This stylish condo features a contemporary design with high-end finishes, including a stainless steel stove, microwave and recently upgraded dishwasher as well as the convenience of ensuite laundry. All lights have been upgraded to LEDs with an upgraded light fixture in the washroom. Internet is also included. Its prime location and modern amenities make it an attractive option for both residents and investors.Lock box for easy showings.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-09-08 | 2021-04-26 | 230 | $329,000 | $300,000 | Sold |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,151 (2023)
Basement
None
Exterior
Brick
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 |
|---|---|---|---|
| Kitchen | Main | 5.61' x 10.60' | |
| Dining | Main | 5.61' x 4.20' | |
| Br | Main | 10.01' x 7.91' | |
| Living | Main | 12.20' x 13.81' |
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Waterloo Market Statistics
Waterloo Price Trend
308 Lester St 317 is a 1-bedroom 1-bathroom condo listed for sale at $400,000, which is $80,000 (25.0%) 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 1-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 Iqi Global Real Estate
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