108 - 308 Lester Street, Waterloo, ON N2L 3W7
Waterloo · Near University Ave & King St N · View map
About this home
Prime Retail opportunity as an investor on this tenanted space located in the bustling student area covering University of Waterloo & Wilfred Laurier University campus. unit currently leased to tenants until May 2031 at $2687.74 per month which is a great opportunity. Units offers 460.36 SF located in the heart of the University District in the SAGE Platinum II Building. Buyer to assume tenants and includes 1 parking space.
The home
- Type
- Commercial retail
- Square footage
- 460 sq ft
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $5,467/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- University Ave & King St N
More
- MLS® number
- X14145110
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
308 Lester Street, Waterloo, ON N2L 3W7
Waterloo · Near University Ave & King St N
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Listing history for 308 Lester Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 108 - 308 Lester Street
Answers come straight from this home’s MLS® listing.
How much is 108 - 308 Lester Street listed for, and what would it cost each month?
108 - 308 Lester Street is listed for $388,888. With 20% down ($77,778), the mortgage payment would be roughly $1,569 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,024 a month, all in. That figure is an illustration, not a quote.
Is 108 - 308 Lester Street freehold or a condo, and is there a monthly fee?
108 - 308 Lester Street is a commercial retail in Waterloo. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 108 - 308 Lester Street have a garage and parking?
The listing does not show a garage. The driveway adds 1 space. In total the listing counts 1 parking space.
What style of home is 108 - 308 Lester Street?
108 - 308 Lester Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 108 - 308 Lester Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 108 - 308 Lester Street?
Property taxes are $5,467 a year (2026), or about $456 a month.
Where is 108 - 308 Lester Street?
108 - 308 Lester Street is in Waterloo. The nearest main intersection is University Ave & King St N. The postal code is N2L 3W7.
Is 108 - 308 Lester Street still for sale?
Yes. It is an active listing (MLS® X14145110). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 108 - 308 Lester Street asking?
Similar properties for sale nearby right now include 107 - 308 Lester Street at $388,888, 511 - 308 Lester Street at $285,000 (1 bed) and 112 - 280 Lester Street at $349,888. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 308 Lester Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 108 - 308 Lester Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Waterloo, picked by style, size and price.
Commercial retail$388,888107 - 308 Lester Street, WaterlooCourtesy of: ROYAL LEPAGE WOLLE REALTYView home →
Condo apartment$285,000511 - 308 Lester Street, Waterloo1 bed · 1 bathCourtesy of: CITYSCAPE REAL ESTATE LTD.View home →
Sale of business$349,888112 - 280 Lester Street, WaterlooCourtesy of: EXECUTIVE REAL ESTATE SERVICES LTD.View home →Courtesy of: ROYAL LEPAGE WOLLE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.