Loading…
Property Type: Condo / ApartmentOwnership: Condominium
708 - 280 LESTER STREET
Waterloo, ON N2L0G2
MLS® X13759526
$440,000
2 bed2 bath0 parking
Amenities
Also listed: Separate Electricity Meters, Separate Heating Controls
Property Details
Property & Lot
- Sub-type
- Apartment
RN-8
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $558/mo
- Annual property tax
- $4,535 (2026)
Maintenance Fee Includes
WaterHeat
Also included: Common Area Maintenance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Kitchen | Main level | — |
| Primary Bedroom | Main level | — |
| Bathroom | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
Description
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. (id:63159)
Listing Information
- MLS®
- X13759526
- Tax assessment year
- 2026
- Data last synced
- September 30, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X13759526
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$476/sqft
185 active listing(s)
Parking: Not indicatedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$352,000.00
Periodic payment — Principal & Interest (monthly)$2,270.98
Additional monthly expenses (condo fees, tax, utilities, etc.)$935.72
Total monthly cost$3,206.70
Interest paid over 5-yr term$100,884.21
Balance at end of term$316,625.14
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$22,000
Stress test qualifying rate8.19%
Payment you must qualify for$3,241.06
Cash Needed at Closing
Minimum down payment$22,000
Estimated Land Transfer Tax (LTT)$5,275
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,775
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
