246 Lester Street, Unit PH-03
246 Lester Street, Unit PH-03
$469,900
$854/sq ft · 72 days on market
About This Listing
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.
Amenities
| Monthly Mortgage (P&I) | $2,047 |
| Property Tax (MLS) | $214 |
| Maintenance Fees | $330 |
| Total Monthly Cost | $2,591 |
Down payment: $93,980 (20.0%) · Mortgage: $375,920
Property tax uses MLS annual tax of $2,567/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by HOUSESIGMA INC.
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Data last updated: August 23, 2026 at 10:25 a.m.