308 Lester Street, Unit 112
308 Lester Street, Unit 112
$520,000
$1,130/sq ft· Bldg avg $869/sq ft · 1 days on market
About This Listing
This is where it is all happening... If you want a thriving location for your business, be sure to take a closer look at this opportunity to owncommercial real estate space of 699.01sqft in the most desirable Sage Platinum II Building which is walking distance to University of Waterloo &Wilfred Laurier University. Situated within the heart of the Waterloo Student Zone this unit has an abundance of potential for your businessventure. With an estimated 19,000 students at WLU & over 33,000 students at U of W, there is a constant flow of traffic generated within thisarea. At ground level this location consumes walking traffic by students and passersby. Book an appointment to view this property. This unit alsooffers 2 entrances, a front & side which increased potential. Currently operating under lease as a Cannabis store with long term rent untilDecember 2028 for $3319.46 per month with 1 car parking space.
| Monthly Mortgage (P&I) | $2,266 |
| Property Tax (MLS) | $672 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $2,938 |
Down payment: $104,000 (20.0%) · Mortgage: $416,000
Property tax uses MLS annual tax of $8,065/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Sage Platinum Condos
Red Bricks Databy IN8 Developments · University Avenue West & Albert
Maint. Fees
0.00
Listing provided by ROYAL LEPAGE WOLLE REALTY
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Data last updated: August 22, 2026 at 04:26 p.m.