Gorgeous Bright And Spacious 1 Bedroom suite featuring 9-foot ceilings, floor-to-ceiling windows for tons of natural light. A large balcony overlooks park. Enjoy a open modern kitchen with stainless fridge and stove. Minutes walk to Wilfrid Laurier University and University of Waterloo.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $698 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 280 Lester St E #614
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
280 Lester St E #614 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13694162$349,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 280 Lester St E #614 Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,715
/mo
based on the purchase price of $349,000
$69,800 cash
$279,200 financed
$235,160 total interest
Principal54%$279,200
Interest46%$235,160
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 1–3 bed homes for sale in Waterloo around $349K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings400Homes for sale here right now.
Median vs prior 90 days−3.8%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 436 sales from Jul 28 – Oct 26, 2026 (305 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
280 Lester St E #614 is listed at $349,000 (MLS® X13694162). Summitly updates the price as soon as the MLS® record changes.
Is $349,000 a good price for 280 Lester St E #614?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 280 Lester St E #614 changed?
No — 280 Lester St E #614 is still listed at its original asking price of $349,000.
How many bedrooms and bathrooms does 280 Lester St E #614 have?
280 Lester St E #614 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Waterloo.
Is 280 Lester St E #614 close to transit?
The nearest rapid-transit station is University of Waterloo Station (ION), about 520 m (about a 6-minute walk) in a straight line. Laurier - Waterloo Park Station is about 710 m (about a 9-minute walk), and Research and Technology Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 280 Lester St E #614?
About $1,715 a month — principal and interest on $349,000 with 20% down ($69,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 280 Lester St E #614 compare with other homes in Waterloo?
Its asking price of $349,000 is about 49% below the median sold price in Waterloo over the last 90 days, $687,500, across 436 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 280 Lester St E #614 been sold before?
Summitly has no earlier MLS® sale or lease of 280 Lester St E #614 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 280 Lester St E #614?
280 Lester St E #614 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 280 Lester St E #614 been on the market?
68 days — 280 Lester St E #614 was listed on August 19, 2026.
What is the price per square foot of 280 Lester St E #614?
About $583 to $698 per square foot: the asking price of $349,000 over the 500–599 sq ft the listing gives as its size range.
Does 280 Lester St E #614 have a basement, and is it finished?
The listing says 280 Lester St E #614 has no basement.