Waterloo Real Estate Search

Waterloo Properties between $400,000 and $500,000 for Sale

Our website features the best real estate search for available properties between $400,000 and $500,000 in Waterloo and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Waterloo Properties between $400,000 and $500,000 for Sale

$499,900
5 Beds 2 Baths 40822088 MLS® #
253 Lester St. #401 is a turnkey student rental investment property in the heart of Waterloo’s university district. This spacious 5-bedroom, 2-bathroom condo is purpose-built for student living and delivers strong, consistent rental income with minimal effort. Just steps from Wilfrid Laurier University and the University of Waterloo, this location attracts reliable tenants year after year. The thoughtfully designed layout features approximately 1,158 sq ft of living space, including five generously sized bedrooms, two full bathrooms, and a large open-concept common area highlighted by an L-shaped kitchen and a bright living/dining room — perfect for gatherings, study sessions, or relaxing after class (recently updated with new furniture). Condo fees include heat and water, keeping operating costs low. The building offers elevator access, a brand-new onsite laundry facility for added tenant convenience, central air conditioning, and proximity to public transit, shopping, restaurants, and all essential amenities. Street parking and additional building parking options are available. Whether you’re an experienced investor or looking for your first student rental property, this unit offers hands-off potential with a proven gross rental income of $42,000 per year (all units under lease), delivering stable cash flow in this ever-growing university hub. Don’t miss your chance to own a worry-free (excellent onsite management available), income-generating property in one of Waterloo’s most sought-after student locations. Schedule your viewing today! (id:5764)

253 LESTER Street Unit 401, Waterloo

Listing courtesy of BENJAMINS REALTY INC..

$449,900
2 Beds 1 Baths X12791044 MLS® #
Get your daily dose of Vitamin D with east facing windows. Study, live, and thrive just steps from campus in this bright and thoughtfully designed 20th-floor 1+1 bedroom, 1 bathroom condo at 145 Columbia Street West, Waterloo. Ideally located minutes from Wilfrid Laurier University and the University of Waterloo, this home is perfectly suited for student living or savvy investment. This unit has been kept exceptionally well, offering a move-in-ready space that feels cared for and maintained. Enjoy east-facing exposure that brings beautiful morning sun into both the living area and bedroom, creating a warm and inviting space to start the day. The den offers flexible use as a private study, dedicated workspace, or extra storage-perfect for today's student lifestyle. The open-concept layout maximizes functionality and flow for modern, comfortable living.Residents enjoy access to an impressive selection of student-focused amenities, including a full fitness centre, indoor basketball court, group study rooms, lounge, and games room-designed to support both academic success and downtime. An excellent opportunity for those seeking quality housing or investors looking to own in one of Waterloo's most in-demand university neighbourhoods. Please note: parking can be rented directly from the management, estimated cost is $150 per month (id:5764)

145 Columbia Street West Unit 2002, Waterloo

Listing courtesy of Royal LePage Real Estate Associates.

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