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Floor Plan

246 Lester Street Unit PH-03

Waterloo, ON N2L 0H1

ActiveFor Sale
2 Beds
2 Baths
500 Sq Ft
Condo
Virtual Tour Available

About This Property

Welcome to PH03 at 246 Lester Street, a penthouse-level 2 bedroom, 2 bathroom condo in one of Waterloo's most convenient student-focused rental locations. Offering 571 sq. ft. of efficient living space, this unit is just minutes from both the University of Waterloo and Wilfrid Laurier University, making it a strong option for investors, parents planning ahead for student housing, or buyers looking for a low-maintenance property in a high-demand area.The layout features an open-concept kitchen and living area, two bedrooms, two full bathrooms, in-suite laundry, and a private balcony with views toward Waterloo Park. The unit is currently tenanted and will be vacant at the end of August, right in time for the start of the school year. A low condo fee includes utilities, with the exception of electricity, helping keep monthly carrying costs more predictable.With campus, transit, restaurants, cafes, shopping, parks, and everyday amenities all close by, PH03 offers a practical and well-located opportunity in the heart of Waterloo's student rental market. No parking included.

Property Details

StatusActive
Property TypeCondo
Listing TypeFor Sale
Interior Size500 sq ft
Bedrooms2
Bathrooms2
LockerNone
BalconyOpen
ExposureSouth East
Postal CodeN2L 0H1
Last UpdatedAug 8, 2026 · 6:41 p.m.

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Features & Amenities

  • View
  • Balcony
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13068636

Listed by HOUSESIGMA INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$469,900

asking price

MLS®X13068636
TypeCondo
CityWaterloo
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,295

/month · $375,920 mortgage

Down Payment20% — $93,980
Interest Rate5.5%

Amortization

Total Interest

$312,455

Total Cost

$688,375

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOUSESIGMA INC.