308 Lester St 602

Waterloo, N2L 3W7
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308 Lester St 602, Waterloo
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X4189357
MLSID
Contact Us
Property Description
Amazing Investment Opportunity In Brand New Development - Sage Platinum Ii. This Turn-Key Investment Offers Luxurious Living Steps From Both University Of Waterloo And Wilfred Laurier University. Free Furniture Package Included, 2 Year Lease Guarantee @ $1,395/Month And Property Management Free For Two Years! Perfect For Parents, Students Or Investors. Available Directly From The Builder. Building In Pre-Construction. Expected Completion September 2018.
Extras
Ss Refrigerator, Microwave, Built-In Dishwasher, Front Load Stacked Washer & Dryer, Electric Cooktop & Oven. Complete Furniture Package As Per Plan.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Tbd)
Garage Type
Surface
Room Summary
RoomLevelSizeFeatures
KitchenMain10.50' x 5.51'
DiningMain5.51' x 5.51'
LivingMain14.50' x 10.93'
MasterMain9.84' x 8.50'
Waterloo Market Statistics
Waterloo Price Trend
308 Lester St 602 is a 1-bedroom 1-bathroom condo listed for sale at $298,900, which is $196,100 (39.6%) lower than the average sold price of $495,000 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $131,500 (36.2%) compared to the previous 30 day period (February 9 - March 9) and up $20,000 (4.2%) from the same time one year ago.
Inventory Change
There were 28 1-bedroom condos listed in Waterloo over the last 30 days (March 10 - April 8), which is up 40.0% compared with the previous 30 day period (February 9 - March 9) and up 86.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($3,888) (0.8%) below asking price over the last 30 days (March 10 - April 8), which represents a $4,112 increase compared to the previous 30 day period (February 9 - March 9) and ($16,950) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Waterloo over the last 30 days (March 10 - April 8) stood at 39.3%, up from 30.0% over the previous 30 days (February 9 - March 9) and down from 53.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Waterloo stood at 13 days when successfully sold over the last 30 days (March 10 - April 8), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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