308 Lester Street, Unit 107, Waterloo, ON

$399,888
MLS#:X13667802
0 beds
0 baths
Commercial
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Added:Aug 12, 2026(16 days ago)
Updated:Aug 12, 2026(16 days ago)
Last Checked:25 minutes ago

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 $399,888 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
  • equipped with yes central cooling and highly efficient gas forced air open heating

Description

Prime Retail opportunity as an investor on this tenanted space located in the bustling student area covering University of Waterloo & WilfredLaurier University campus. unit currently leased to tenants until May 3031 at $2721.60 per month which is a great opportunity. Units offers466.16 SF located in the heart of the University District in the newly built SAGE Platinum II Building. Buyer to assume tenants and includes 1parking space.

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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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 $399,888 with an estimated mortgage of $1,331* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 308 Lester Street, Waterloo

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterloo.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Commercial Retail architecture in Waterloo
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
AddedAug 12, 2026 (16 days ago)
UpdatedAug 12, 2026 (16 days ago)
Last Checked25 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
CountyWaterloo
Annual Tax$5,500.53

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • Yes

Community Features

  • Public Transit
  • Recreation/Community Centre

Frequently Asked Questions about 308 Lester Street, Unit 107, Waterloo, ON

Q.What is the asking price for 308 Lester Street, Unit 107, Waterloo, ON ?

The current listing price for 308 Lester Street, Unit 107, Waterloo, ON in Waterloo is $399,888.

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 107, Waterloo, ON ?

308 Lester Street, Unit 107, Waterloo, ON is a Commercial Retail () featuring a basement.

Q.What neighborhood and community amenities are nearby?

Community features and nearby amenities include: Public Transit, Recreation/Community Centre.

Q.What security features are installed at 308 Lester Street, Unit 107, 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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308 Lester Street, Unit 107, Waterloo, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterloo, Waterloo

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

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.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

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 107, Waterloo, ON N2L 3W7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

Configure Loan Settings

Interest Rate4.00%
Down Payment$119,966 (30.0%)
* Minimum Canadian down payment required for this price is $19,994.
Amortization Period30 Years
Estimated Monthly Payment$1,331Based on a loan of $279,922 over 30 years.
Purchase Price$399,888
Loan Amount$279,922
Provincial Land Transfer Tax:$4,473
Total Estimated Closing Taxes:$4,473

About Purchasing a Home in Waterloo, ON

For a property listed at $399,888 in Waterloo, the legal minimum down payment is $19,994 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 $4,473 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 $4,473.

Waterloo Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$864,746

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Waterloo

Elementary Schools

L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Mère-Élisabeth-Bruyère
Public280 Glenridge Drive, Waterloo, Ontario, N2J 3W4
6.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Waterloo Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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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