About this property

Welcome to PH03 at 246 Lester Street, a penthouse-level 2 bedroom, 2 bathroom condo in one of Waterloo's most convenient student-focused rental locations. Offering 571 sq. ft. of efficient living space, this unit is just minutes from both the University of Waterloo and Wilfrid Laurier University, making it a strong option for investors, parents planning ahead for student housing, or buyers looking for a low-maintenance property in a high-demand area.The layout features an open-concept kitchen and living area, two bedrooms, two full bathrooms, in-suite laundry, and a private balcony with views toward Waterloo Park. The unit is currently tenanted and will be vacant at the end of August, right in time for the start of the school year. A low condo fee includes utilities, with the exception of electricity, helping keep monthly carrying costs more predictable.With campus, transit, restaurants, cafes, shopping, parks, and everyday amenities all close by, PH03 offers a practical and well-located opportunity in the heart of Waterloo's student rental market. No parking included.

Features & finishes

View

Balcony

Air Conditioning

Basement

Property details

MLS® Number	X13068636
Status	Active
Listing Type	For Sale
Property Type	Condo
Interior Size	500 sq ft
Beds / Baths	2 bed · 2 bath
Locker	None
Exposure	South East
Balcony	Open
City	Waterloo
Postal Code	N2L 0H1
Province	ON
Listed Date	May 1, 2026
Days on Market	97
Price per Sq Ft	$940
Brokerage	HOUSESIGMA INC.