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Raafat Metwaly

raafat@raafat.ca +1(647) 461-3580

Listed by Jay Chan • CITYSCAPE REAL ESTATE LTD

$ 285,000

Est. payment | -/mo

1 Bed

1 Bath

465 SqFt

Save

$ 285,000

Est. payment | -/mo

Save

1 Bed

1 Bath

465 SqFt

Key Details

Property Type Condo

Sub Type Condo/Apt Unit

Listing Status Active

Purchase Type For Sale

Square Footage 465 sqft

Price per Sqft $612

MLS Listing ID 40859613

Style Apartment

Bedrooms 1

Full Baths 1

HOA Fees $319/mo

HOA Y/N Yes

Abv Grd Liv Area 465

Year Built 2018

Annual Tax Amount $2,520

Property Sub-Type Condo/Apt Unit

Source Cornerstone

Property Description

Welcome to a prime parent-owner opportunity in Waterloo's coveted university district. This stylish 1-bedroom, 1-bathroom condo is perfectly positioned for families planning ahead: currently tenanted until August 27, 2027, it offers immediate rental income while you prepare for your child's arrival at the UW or WLU in September 2027. Start collecting rent now, then transitioning seamlessly to a safe, modern, independent living space for your child next September — all while building equity in one of Ontario's most resilient real estate markets. Located just a 10-minute walk from both UW and WLU lecture halls and steps from the UW LRT Station, this unit eliminates commute stress and places your child at the heart of campus life. Inside, enjoy premium finishes including granite countertops, stainless-steel appliances, in-suite laundry, high ceilings, modern neutral tones, laminate flooring throughout, a spacious bedroom with large closet, and a private balcony with great views. Building amenities are designed for student success and comfort, with the included fibre-optic internet service, on-site fitness facility, social lounge, rooftop terrace, secure bike storage, and professional on-site management. Low condo fees cover most essentials (all except hydro), and the unit comes fully furnished — including all appliances, window coverings, and furniture — making it truly turnkey. Lock in today's price, avoid the uncertainty of unreliable roommates or subpar rentals, and give your child a clean, modern, and secured environment where they can thrive academically. With parks, shopping, dining, and transit all within walking distance, this unit delivers everything a student needs, and everything a parent wants. Don't miss this rare chance to safeguard your child's future and your family's financial advantage in one of Waterloo's highest-demand student housing markets. This isn't just an investment; it's a smart family strategy. Call to book your private showing today.

Location

Province ON

County Waterloo

Area 4 - Waterloo West

Zoning RN-8

Direction Lester Street and Hickory Street West

Rooms

Basement None

Main Level Bedrooms 1

Kitchen 0

Interior

Interior Features Separate Heating Controls

Heating Forced Air

Cooling Central Air

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Laundry In-Suite

Exterior

Roof Type Flat

Porch Open

Lot Frontage 152.0

Lot Depth 284.0

Garage No

Building

Lot Description Urban, City Lot, Hospital, Library, Place of Worship, Public Transit, School Bus Route, Schools, Shopping Nearby

Faces Lester Street and Hickory Street West

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Architectural Style Apartment

Level or Stories 1

Structure Type Brick,Block

New Construction No

Others

HOA Fee Include Association Fee,Insurance,Building Maintenance,Central Air Conditioning,Common Elements,Doors ,Maintenance Grounds,Heat,Internet,Property Management Fees,Roof,Snow Removal,Water,Windows

Senior Community No

Tax ID 236630163

Ownership Condominium

Nearby Locations

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Raafat Metwaly

+1(647) 461-3580

Broker License ID: 4771063

308 Lester Street #511 Waterloo, ON N2L 3W6

Raafat Metwaly

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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