Re/max Premier Inc., Brokerage
9100 Jane St
Concord, ON
L4K 0A4
Waterloo, N2L 3W6
$594,900$000000
Listed by RE/MAX HALLMARK REALTY LTD..
This spacious 5-bedroom, 2-washroom condo at 261 Lester Street, Waterloo, is an ideal choice for students, parents seeking accommodation for their children, or investors. Approximately 1350 sq. ft. - this unit offers a perfect blend of comfort and convenience. Three rooms are vacant and ready for immediate move-in, while two are currently leased, providing a great investment opportunity. The rooms generally rent upwards of $850 per month (or more, depending on the time of the year). The living, dining, and kitchen areas are spacious and well-designed, featuring an L-shaped kitchen that offers plenty of counter space and functionality. This open-concept layout ensures a comfortable living experience, making it perfect for students who need ample space to study and relax. Located just minutes from the University of Waterloo and Wilfrid Laurier University. Close to public transit, shopping, dining, and parks, this condo offers unmatched convenience for students and investors alike.
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The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.