HN
280 Lester Street 514, Waterloo, ON N2L 0G2, Waterloo, ON
+11 photos
$369,900

280 Lester Street 514, Waterloo, ON N2L 0G2, Waterloo, ON

Waterloo, ON N2L 0G2
1 bed 1 bath Condo Apartment

About this home

Rare-Find! Spacious 549 Sqft Furnished 1 Bedroom Unit in Sage 5 With Unobstructed Views.***1 Underground Parking Included*** Southwest Exposure Brings Abundant Natural Light! Features An Oversized 2.9M x 4.8M Bedroom With Floor-To-Ceiling Window, Closet, And Walkout To Balcony Overlooking The Community Green Park. The Open-Concept Living And Dining Area Also Walks Out To The Balcony. Modern Kitchen Equipped With Stainless Steel Appliances, Granite Centre Island With Seating For Three, And Plenty Of Cabinet Space. Ensuite Laundry Included. Condo Fees Cover Heating, Cooling, Water, And Internet. Sage 5 offers an impressive range of amenities for its residents, including a fully equipped fitness center, an on-site movie theater and auditorium, a two-level study lounge, and a spacious outdoor terrace ideal for unwinding or connecting with others. Perfectly positioned just steps from the University of Waterloo, Wilfrid Laurier University, and Conestoga College, with easy access to the Waterloo LRT station and the vibrant shops, restaurants, and entertainment of Uptown Waterloo. This is an outstanding opportunity for students, investors, or first-time buyers!

Property Score

66/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
45% of city avgexcellent
Priced below Waterloo's average of $815,000.
Appreciation Trend
+1.8%/yrgreat
Waterloo has seen +1.8% YoY price change.
Monthly Cash Flow
-$827/mopoor
Estimated -$827/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.93%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13071664
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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