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404 - 280 Lester Street
, Waterloo
$385,000
Great 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. 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 1 OWNED underground parking space. The living room opens onto a charming Juliet balcony, but the real showstopper is the rare 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 | Underground, Private, Inside Entry |
| Property Tax | $4,124 |
| mls© Number | X14099036 |
| 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%
- $1,971
- Property tax
- $344
- Heat allowance
- $150
- Condo fees, half counted
- $254
- Housing costs
- $2,718 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$84,000
gross annual household income
- Payment at 4%
- $1,620 / mo
- Cash down
- $77,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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