Welcome to Sage V at 280 Lester Street! This 1-bedroom, 1-bathroom condo offers a functional open-concept layout with a private balcony and in-suite laundry. The kitchen is equipped with refrigerator, stove, dishwasher and microwave. Ideally located in Waterloo's university district, within walking distance to the University of Waterloo and Wilfrid Laurier University, with convenient access to ION light rail, bus routes, supermarket, restaurants, shopping and other amenities. Residents enjoy building amenities including a fitness center, roof top terrace, media room and party room. An excellent opportunity for first-time buyers or investors seeking a well-located condo in a convenient central location.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $714 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 #418
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
280 Lester St #418 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14127922$357,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 280 Lester St #418 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
$1,754
/mo
based on the purchase price of $357,000
$71,400 cash
$285,600 financed
$240,550 total interest
Principal54%$285,600
Interest46%$240,550
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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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 $357K.
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 listings406Homes for sale here right now.
Median vs prior 90 days−2.0%Compared with May 2 – Jul 31, 2026: prices down.
Based on 425 sales from Jul 31 – Oct 29, 2026 (298 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 1 for rent at 280 Lester St — plus its sale and lease history.
280 Lester St #418 is listed at $357,000 (MLS® X14127922). Summitly updates the price as soon as the MLS® record changes.
Is $357,000 a good price for 280 Lester St #418?
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 #418 changed?
No — 280 Lester St #418 is still listed at its original asking price of $357,000.
How many bedrooms and bathrooms does 280 Lester St #418 have?
280 Lester St #418 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 #418 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 #418?
About $1,754 a month — principal and interest on $357,000 with 20% down ($71,400), 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 #418 compare with other homes in Waterloo?
Its asking price of $357,000 is about 49% below the median sold price in Waterloo over the last 90 days, $695,000, across 425 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 #418 been sold before?
Summitly has no earlier MLS® sale or lease of 280 Lester St #418 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 280 Lester St #418?
280 Lester St #418 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 280 Lester St #418 been on the market?
280 Lester St #418 was listed today (October 29, 2026).
What is the price per square foot of 280 Lester St #418?
About $596 to $714 per square foot: the asking price of $357,000 over the 500–599 sq ft the listing gives as its size range.
Does 280 Lester St #418 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
