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    for sale
    52 Days on Strata
    Est Sell Timeframe:
    16 Days

    406 - 308 Lester St

    Sage 9
    $324,900
    1 Bed
    1 Bath
    0 Parking
    465 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $295/mth
    Taxes:
    $2,417 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $699/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    East West

    Amenities

    Party Room
    Gym
    Bike Storage
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Turn-key investment or the perfect starter condo in the heart of Waterloo's University District! Unit 406 at 308 Lester offers a 1 bedroom, 1 bathroom, 465SF layout with a modern kitchen that has granite countertops and stainless steel appliances, in-suite laundry, laminate flooring throughout, and a private balcony. Consistently strong rental demand with walk-to-campus access (UW & WLU), steps to LRT, restaurants, and everyday amenities. Low-maintenance living in a professionally managed building perfect for hands-off ownership. Current rent: $2,000/month. Maintenance fees include high speed internet.

    royal lepage signature realtyMLS® #X12434868

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Other
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    9.51 x 14.57ft
    Dining
    5.09 x 6ft
    Kitchen
    6.82 x 10.4ft
    Bedroom
    8.17 x 9.84ft
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Building Trends At Sage 9

    Days on Strata

    Units at Sage 9 spend an average of
    51
    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
    5.6
    YEARS before being sold again

    Property Value

    -23%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 46 condos in the Downtown Waterloo area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    Sage 9 offers the
    ?
    N/A
    best value out of 46 condos in the Downtown Waterloo neighbourhood

    Appreciation Rank

    Sage 9 has the
    ?
    N/A
    highest ROI out of 46 condos in the Downtown Waterloo neighbourhood

    Rental Yield

    Sage 9 yields the
    ?
    N/A
    highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood

    High Demand

    Sage 9 is the
    ?
    N/A
    most popular building out of 46 condos in the Downtown Waterloo neighbourhood

    Market Insights

    Transaction Insights at Sage 9

    1 Bed2 Bed
    Price Range$312,500 - $343,500$514,150
    Avg. Cost Per Sqft$755$629
    Avg. Wait for Unit Availability38 Days1404 Days
    Ratio of Units in Building95%6%

    Market Inventory

    Total number of units listed and sold in Downtown Waterloo