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Listed 11 days ago

708 - 280 Lester Street

, Waterloo

$440,000

Condo Apartment |
2 | 2 | 0 | 0
About this home

You'll love this bright and stylish 2-bedroom, 2-bathroom corner unit at SAGE V, ideally located between Wilfrid Laurier University and the University of Waterloo. Offering approximately 885 sq. ft. of living space plus a private balcony, this modern condo is filled with natural light and showcases exposed concrete ceilings, laminate flooring and granite countertops. Built by one of Waterloo's well-regarded condo builders, the unit comes complete with appliances, in-suite stacked laundry and furnishings, making it an excellent turnkey opportunity. The building also offers great amenities, including an exercise room with cardio and weight equipment, as well as a dedicated study room. With Uptown Waterloo, Waterloo Park, transit, shopping and both universities just steps away, the location is hard to beat. A fantastic option for investors, parents of post-secondary students, or anyone looking for a modern, low-maintenance condo in the heart of Waterloo.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age6-10
Size800-899 sq. ft.
Maintenance Fees$558
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$4,535
mls© NumberX13759526
Listed ByRE/MAX TWIN CITY REALTY INC.
Heat Included
Water Included
CAC Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,252
Property tax
$378
Heat allowance
$150
Condo fees, half counted
$279
Housing costs
$3,059 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $88,000
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$1,852 / mo
Cash down
$88,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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