308 Lester Street, Unit 112, Waterloo, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Waterloo. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $520,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
This is where it is all happening... If you want a thriving location for your business, be sure to take a closer look at this opportunity to owncommercial real estate space of 699.01sqft in the most desirable Sage Platinum II Building which is walking distance to University of Waterloo &Wilfred Laurier University. Situated within the heart of the Waterloo Student Zone this unit has an abundance of potential for your businessventure. With an estimated 19,000 students at WLU & over 33,000 students at U of W, there is a constant flow of traffic generated within thisarea. At ground level this location consumes walking traffic by students and passersby. Book an appointment to view this property. This unit alsooffers 2 entrances, a front & side which increased potential. Currently operating under lease as a Cannabis store with long term rent untilDecember 2028 for $3319.46 per month with 1 car parking space.
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Property Summary
This commercial retail located at 308 Lester Street, Waterloo is currently for sale and has been available on SousaSells for 16 days. This property is listed at $520,000 with an estimated mortgage of $1,731* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 308 Lester Street, Waterloo
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterloo.
- •Desirable Commercial Retail architecture in Waterloo
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- Yes
Community Features
- Major Highway
- Public Transit
Frequently Asked Questions about 308 Lester Street, Unit 112, Waterloo, ON
Q.What is the asking price for 308 Lester Street, Unit 112, Waterloo, ON ?
The current listing price for 308 Lester Street, Unit 112, Waterloo, ON in Waterloo is $520,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 308 Lester Street, Unit 112, Waterloo, ON ?
308 Lester Street, Unit 112, Waterloo, ON is a Commercial Retail () featuring a basement.
Q.What neighborhood and community amenities are nearby?
Community features and nearby amenities include: Major Highway, Public Transit.
Q.What security features are installed at 308 Lester Street, Unit 112, Waterloo, ON ?
Security features include: Yes.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Waterloo, Waterloo
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 308 Lester Street 112, Waterloo, ON N2L 3W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $520,000 in Waterloo, the legal minimum down payment is $27,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,875 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,875.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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