Full and half bathrooms as the listing totals them.
Interior area
500 to 599 sqft
A band, not a measurement. Interior area as the listing states it. It does not say whether the figure was measured on site or taken from builder plans.
Property type
Condo Apt
Style as listed: 1 Storey/Apt.
Second dwelling
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Counts and measurements as the listing states them, not verified by us. MLSSource: MLS
$469.9KFor Sale
PH-03 - 246 Lester Street, Waterloo, ON · 2 bed · 2 bath · 550 sqft
Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.
Asking price
$469,900
Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.
MLSSource: MLS
Our estimate
Not licensedOur estimate: Not shown: our current listing agreement does not licence this figure for display.
Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.
Est.Modelled from comparable sales, not an appraisal
Assessed value, 2025
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
MLSMunicipal assessment and tax roll
Price per square foot
$854
asking price over 550 sqft, an area the listing does not source
Days on market
N/A
no area average shown: our current listing agreement does not licence market statistics
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
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.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
Nested estimate
Our estimate for this listing is not shown here
Not shown: our current listing agreement does not licence this figure for display.
The estimate is built by weighing recent comparable sales, and sold comparables for a specific property are licensed to registered users only. It is withheld rather than approximated: an estimate with the sales taken out of it would be a number with nothing behind it.
Price and listing history
This listing's price and status history is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Prior asking prices, terminations and relists are licensed to registered users only, and there are no accounts on Nested yet. Nothing here should be read as evidence that the current price is the only price this house has been offered at.
Property details
MLSSource: MLS
Type
Condo Apt
Style
1 Storey/Apt
Bedrooms
2
Bathrooms
2
Kitchens
1
Living area
500 to 599 sqft
Year built
6-10
Status
For Sale
Occupancy
Tenanted, you inherit the tenancy
Features
MLSSource: MLS
The pills are copied from the listing and sorted for reading, with nothing added to them, and a group the listing did not fill in is absent rather than empty. Where a group is written as sentences instead, those are ours: what the listing named, and what it means.
Also listed
On the record, and not one of the groups above.
Separate Heating Controls
Building amenities
Shared with the rest of the building. Hours and access are set by the corporation's rules and the fee pays for them.
Gym
Interior and systems
MLSSource: MLS
Heating
Forced Air · Gas
Cooling
Central Air
Basement
None
Construction
Brick
Condo information
MLSSource: MLS
Maintenance fee
$330/mo
Fee includes
Building Insurance Included, Common Elements Included
Exposure
South East
Locker
None
Balcony
Open
Taxes and assessment
MLSMunicipal assessment and tax roll
Assessment year
2025
Annual property tax
$2,567
Tax year
2025
Property tax by year
MLSSource: MLS
1 years · latest $2,567
1 years, from $2,567 in 2025 to $2,567 in 2025.
Location and neighbourhood
MLSSource: MLS
Market trend
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
