| Heat Included | |
| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
































404 - 280 Lester Street
, Waterloo
$474,900
Don't miss this rare opportunity to own a beautifully upgraded 740 sqft furnished condo, just a short walk from Wilfrid Laurier University, the University of Waterloo and Conestoga College. With the school year starting in September, this is the ideal time to secure a home for yourself or a turn-key investment. Freshly painted throughout and outfitted with brand-new laminate flooring, this move-in-ready partially furnished unit shows better than ever. The open-concept layout features a contemporary kitchen with granite countertops, stainless steel appliances, and generous storage, making it perfect for everyday living or entertaining. The unit offers 2 spacious bedrooms, a private ensuite laundry, and a rare owned underground parking space. The living room opens onto a charming Juliet balcony, but the real showstopper is the massive 10x30ft private terrace-a true one-of-a-kind outdoor space rarely found in condo living, ideal for lounging, entertaining, or simply enjoying the fresh air right outside your door. Whether you're a student, a parent looking to secure housing before the fall semester, or an investor seeking a high-demand rental location, this condo checks every box!
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | Not available |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $508 |
| Locker | None |
| Balcony | Terrace |
| Exposure | North East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,124 |
| mls© Number | X13654232 |
| Listed By | ROYAL LEPAGE WOLLE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,431
- Property tax
- $344
- Heat allowance
- $150
- Condo fees, half counted
- $254
- Housing costs
- $3,179 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $1,998 / mo
- Cash down
- $94,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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