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    246 Lester Street


    Highlights

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    85
    Condo Completion:
    2021
    Condo Demand:
    Low
    Unit Size Range:
    400 - 949 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About 246 Lester StreetU Style

    Located at 246 Lester Street, U Style is a 12-storey condo containing 85 units. These Waterloo condos were developed by and completed in 2021. Units start at 400 square feet and can be as large as 949 square feet. What makes a Downtown Waterloo condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees are $0.56 per-square-foot, which is lower than the neighbourhood average of $0.62 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 246 Lester Street is $586, based on the past 12 months of sales, and these suites have a low probability of receiving multiple offers.

    Units at U Style spend 60 days on the market on average and usually sell for -5.16% below the listing price. In the last 12 months, 3 units have rented, and 2 have sold.

    Transportation

    If you’re interested in checking out other similar condos within walking distance, you might like 258B Sunview Street, 258C Sunview Street and 251 Hemlock Street.

    Heat
    Included
    Water
    Included
    Hydro
    Not Included
    Air Conditioning
    Not Included

    Listing History for U Style

    Sep, 2025
    246 Lester St, unit 311 for rent
    Unit 311
    Sep 05, 20253 days on strata
    SuspendedListed for $1,8001 bd + 1 | 1 ba | 630 sqft | 0 pkg
    246 Lester St, unit 311 for rent
    Unit 311
    Sep 02, 202539 days on strata
    TerminatedListed for $2,1001 bd + 1 | 1 ba | 630 sqft | 0 pkg
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    2

    Listings For Sale

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    2

    Listings For Rent

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    Days on Strata

    Units at U Style spend an average of
    60
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Waterloo

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 46 condos in the Downtown Waterloo area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    U Style offers the
    ?
    N/A
    best value out of 46 condos in the Downtown Waterloo neighbourhood

    Appreciation Rank

    U Style has the
    ?
    N/A
    highest ROI out of 46 condos in the Downtown Waterloo neighbourhood

    Rental Yield

    U Style yields the
    ?
    N/A
    highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood

    High Demand

    U Style is the
    ?
    N/A
    most popular building out of 46 condos in the Downtown Waterloo neighbourhood

    Market Insights

    Transaction Insights at U Style

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$387,000No Data$510,000No DataNo Data
    Avg. Cost Per Sqft$616No Data$621No DataNo Data
    Avg. Wait for Unit Availability1093 Days97 Days363 Days99 Days488 Days
    Ratio of Units in Building6%52%20%6%17%

    Market Inventory

    Total number of units listed and sold in Downtown Waterloo