Maintenance Fees
U Style vs The Downtown Waterloo Area
for sale
208 Days on Strata
- Est Sell Timeframe:
- 16 Days
709 - 246 Lester St
$538,000
Price Cut: $30,000
3 Beds
2 Bath
0 Parking
896 SQFT
Price History
- Maintenance Fees:
- $548/mth
- Taxes:
- $1,578 (2025)
- Property Type:
- Condo
- Cost Per Sqft:
- $600/sqft
- Outdoor Space:
- None
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- South East
Amenities
Indoor Parking
Amenity details for reference only. Independently verify accuracy.
About this Listing
Prime Investment Opportunity | Heart of Waterloo | Low Maintenance Fee. Located in the vibrant heart of Waterloo, this 5-year-new high-rise condo offers unbeatable convenience just steps from the University of Waterloo and Wilfrid Laurier University, making it a perfect choice for students and savvy investors alike.Perched on a high floor, this bright south-east corner unit boasts 896 sq.ft. of functional living space, set as three of the largest bedrooms in the building and two full bathrooms ideal for shared living.The unit comes fully furnished and move-in or rental ready. Enjoy access to a wide range of amenities, with shopping plazas, restaurants, libraries, and public transit right at your doorstep.With low maintenance fees and consistently strong rental demand, this is a rare opportunity to secure a high-return investment with excellent cash flow.
re/max excel realty ltd.MLS® #X12107493
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Not Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Kitchen
- 10.4 x 8.6ft
- Combined with Dining
- Dining
- 10.4 x 8.6ft
- Combined with Kitchen
- Bedroom
- 10.6 x 9.91ft
- Window, Ensuite Bath
- 2nd Bedroom
- 18.31 x 9.19ft
- Window
- 3rd Bedroom
- 10.3 x 7.71ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Building Trends At U Style
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
LOWchance 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 againProperty 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 best value out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
Appreciation Rank
U Style has the highest ROI out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
Rental Yield
U Style yields the highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
High Demand
U Style is the most popular building out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
Market Insights
Transaction Insights at U Style
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $387,000 | No Data | $510,000 | No Data | No Data |
| Avg. Cost Per Sqft | $616 | No Data | $621 | No Data | No Data |
| Price Range | No Data | $2,000 | No Data | $3,300 | $3,000 |
| Avg. Wait for Unit Availability | 1093 Days | 97 Days | 363 Days | 99 Days | 488 Days |
| Avg. Wait for Unit Availability | No Data | 379 Days | 1483 Days | No Data | 299 Days |
| Ratio of Units in Building | 6% | 52% | 20% | 6% | 17% |
Market Inventory
Total number of units listed and sold in Downtown Waterloo
