+18 photos
$279,800
308 Lester Street 421, Waterloo, ON N2L 3W6, Waterloo, ON
Waterloo, ON N2L 3W6
1 bed 1 bath Condo Apartment
About this home
Sage Platinum II in Waterloo's sought-after Northdale University District. Steps to UW & WLU, LRT at UW Station. Modern 1 bed/1 bath, SW-facing, floor-to-ceiling windows w/ custom blinds, open-concept, granite counters, S/S appliances, carpet-free, in-suite laundry, private balcony. Rooftop terrace, gym, lounge & bike storage. Great cap rate opportunity w/ year-round student demand. Condo fees include high-speed internet. Fully furnished, vacant & move-in ready.
Property Score
71/ 100
Overall Property Score
great
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
34% 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
-$259/mofair
Estimated -$259/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.50%great
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® # X13082690
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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