271 Lester St

271 Lester Street in Waterloo is a low-rise apartment condominium completed in 2015, offering four floors of residential units. Located within walking distance of both the University of Waterloo and Wilfrid Laurier University, the building is steps from cafés, restaurants, grocery stores and parks. Recent active listings show an average asking price near $545,900, with monthly condo fees averaging roughly $653 or $0.50 per square foot, which include heat, water and building insurance. The building accommodates student renters, with owned parking typically included. Before finalizing a purchase, a qualified inspector and legal adviser should review the status certificate, reserve fund study, financial statements, by-laws, and insurance documentation to clarify the building's financial standing and any upcoming capital projects.