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$529K · 3 bed Condo Apartment · Waterloo | MyPropertyScout

$529,000

Unit 602

32OwnerOccupied

Map

$529,000

F●●○○○

Unit 602

246 Lester Street · Waterloo · Ontario N2L 3W5

MLS® X13120170 · N2L 3W5

32OwnerOccupied900-999 ft²Condo ApartmentNone$557/ft²$3,399 tax/yr

28% above market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Sun-filled NW corner unit in the heart of Waterloo University District! Spacious 902 SF interior with 2 beds + den (can be used as 3rd bed) & 2 full baths. Open-concept layout, approx. 9' ceiling, modern L-shaped kitchen w/quartz counters & S/S appliances. Laminate floors throughout, in-suite laundry. One of the condo's party rooms is next door and offers direct access to the balcony.Steps to UW & WLU, plaza, supermarket & transit. Ideal for end-user or investor!

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Property details

MLS#: X13120170
Status: Buy Now
Beds: 3
Baths: 2 full, 0 half
Size: 900-999
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 719
Balcony: None
Locker: None
Fees include: Heat Included, CAC Included, Building Insurance Included, Water Included
Pets: No

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Lester St / University Ave W
Basement: None
Stories: 5
Utilities: —
Laundry: In Area
Interior: Other
Parking features: —

Rooms

Level	Room	Dimensions
Flat	Living Room	2.71m × 3.29m
Flat	Dining Room	2.71m × 3.29m
Flat	Kitchen	2.26m × 3.35m
Flat	Primary Bedroom	3.93m × 2.47m
Flat	Bedroom 2	2.59m × 3.29m
Flat	Bedroom 3	2.63m × 2.26m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: HOMELIFE LANDMARK REALTY INC.

Source: TRREB/PROPTX · MLS® X13120170

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$529K

Unit 602 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $529,000✓ $3,399 tax✓ Gas✓ 900-999 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,742/mo

incl. closing costs (yr 1)

Annual total

$56,906

year 1

Mortgage only

$2,007/mo

principal + interest

Beyond mortgage

$1,689/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$105,800

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$283/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~950 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,290/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$45/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$7,055

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $24,082/yr

Property taxes18% $10,454/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,290/yr

Condo fees11% $6,419/yr

Closing costs9% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$24,082	$2,007/mo
Government & taxes
Property tax	$3,399	$283/mo
Land transfer tax(closing)	$7,055	$588/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,290	$441/mo
Condo fees
Condo / HOA fees	$6,419	$535/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$56,906	$4,742/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 602

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs