Salehian.com 647-325-5000

308 Lester Street 107

Waterloo, N2L 3W7

$399,888

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Listed 69 days ago · MLS® X13667802

About this home

Prime Retail opportunity as an investor on this tenanted space located in the bustling student area covering University of Waterloo & WilfredLaurier University campus. unit currently leased to tenants until May 3031 at $2721.60 per month which is a great opportunity. Units offers466.16 SF located in the heart of the University District in the newly built SAGE Platinum II Building. Buyer to assume tenants and includes 1parking space.

Details

Type
Commercial Retail
Garage
None
Property tax
$5,501 (2026)
Municipality
Waterloo

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
460 Square Feet

More

Possession
Immediate
Cross street
Lester/Hickory

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 University of Waterloo LRT8 min walk
  • 🚇 Laurier - Waterloo Park LRT13 min walk

Within a 10-minute walk: 3 grocery stores, 105 cafés and restaurants, 7 parks, 3 pharmacies. Nearest grocery: Rong Natural Food Store (0 m). Nearest park: Sunview park (100 m).

Schools nearby

Elementary

  • Winston Churchill Public School
    EQAO: Gr 6 reading 88%, math 56%    17 min walk
  • Cedarbrae Public School
    EQAO: Gr 6 reading 76%, math 14%    1.8 km
  • Keatsway Public School
    EQAO: Gr 6 reading 84%, math 50%    2.0 km
  • Our Lady of Lourdes Catholic Elementary School Catholic
    EQAO: Gr 6 reading 83%, math 45%    2.0 km

Secondary

  • Waterloo Collegiate Institute
    EQAO: Gr 9 math 57%, literacy test 85%    10 min walk
  • St. David Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%    15 min walk
  • MacGregor Public School17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE WOLLE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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