Location
Tour 253 Lester St #2
Contact
Wolverine Property Management Limited
Nearby rentals
Renter hub
Property management
Wolverine Property Management Limited
Modern condo with in-unit laundry, stainless steel appliances, balcony, and underground parking, plus building amenities like a gym, games room, and security system. Strong walkability to universities, restaurants, transit, and everyday conveniences makes it appealing for students, young professionals, and investors. Turnkey condition, modern finishes, and a dedicated parking spot further enhance both comfort and rental potential.
Things you’ll love
Great for
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Central Heat | Furnished |
| Gas and Electric Included | Heat and AC Included |
| Laminate Floors | Laminate Kitchen Counters |
| Living Room | No Dogs |
| Open Floor Plan | Recently Rehabbed |
| Water & Sewer Included |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Refrigerator |
Tech
| Wireless Internet Included |
Building
| Controlled Access | Elevator |
| High Rise | No Smoking Building |
| Onsite Laundry | Pay Laundry Onsite |
Services
| Lawn Care Included | Snow Removal Included |
| Trash Removal Included |
Other
| No Cats |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
At the heart of Waterloo's vibrant student community, 253 Lester Street is more than just a place to crash between classes -- it's where your university years come to life. With five spacious bedrooms and two bathrooms, this home is built for late-night study marathons, spontaneous pizza runs, and the kind of friendships that turn into lifelong memories. Every corner invites connection, from shared meals in the kitchen to quiet mornings sipping coffee before a busy day on campus. Just a short walk to both UW and Laurier, and steps from cafes, transit, and all the essentials, this is student living at its most convenient -- but with a warmth and energy that feels like home. At 253 Lester, you're not just renting a space -- you're writing your story, surrounded by laughter, learning, and the people who make it all unforgettable. 24 Hour Emergency Hotline Air Conditioner Biking Distance To School Bright Centrally Located Decent Sized Rooms Efficient Appliances Electronic Thermostat Fridge & Stove Oven Included In The Middle Of It All Microwave Included Near Bus Stops Near Connestoga College (Waterloo Campus) Near University Of Waterloo Near Wilfrid Laurier University (Waterloo Campus) Online Maintenance Portal Online Rent Payment Portal Onsite Coin Laundry Recycling Secure Resident Portal Tenant Pays Hydro View Walking Distance To Amenities Walking Distance To School Walking Distance To Shopping Wi Fi Included Window Coverings Apartment amenities Air Conditioner Electronic Thermostat Furnished Microwave Refrigerator View Window Coverings Community amenities 24 Hour Emergency Hotline All Tenants must have valid tenant insurance Biking distance to School Central Air Centrally Located Controlled Access/Gated Decent sized rooms Elevator Fridge & StoveOven Included High Speed Internet Laundry Facilities Located right near downtown Microwave Included Near Bus Stops Near Connestoga College (Waterloo Campus) Near the University of Waterloo Near Wilfrid Laurier University (Waterloo Campus) Nice unit No onsite parking Online maintenance portal Online rent payment portal Onsite coin Laundry Optional monthly parking in the community Private Student rooms with lockable doors Property Inspections Public Transportation Recycling Rent pay methods: BankEFT, E-transfer, VISA, MasterCard, Visa Debit, Debit Mastercard, Auto Pay Secure Resident Portal Shared common areas Student Housing is rented to Students only Summer Outside Maintenance Included Tenant pays Hydro Walking distance to Amenities Walking distance to School Wi-Fi Included Winter snow & ice maintenance included
How 253 Lester St #2 compares to other nearby properties.
Positives
| Neighborhood | Downtown Waterloo |
|---|---|
| Post code | N2L 3W6 |
| Type | Apartment for rent |
studio apartments at 253 Lester St #2 cost about 6% more than the average rent price for studio apartments in Waterloo.
| Month | Median Rent |
|---|---|
| June 2024 | $895 |
| July 2024 | $895 |
| August 2024 | $895 |
| September 2024 | $895 |
| October 2024 | $895 |
| November 2024 | $895 |
| December 2024 | $895 |
| January 2025 | $895 |
| February 2025 | $895 |
| March 2025 | $895 |
| April 2025 | $895 |
| May 2025 | $825 |
| June 2025 | $795 |
| July 2025 | $795 |
| August 2025 | $788 |
| September 2025 | $795 |
| October 2025 | $795 |
| November 2025 | $795 |
| December 2025 | $795 |
| January 2026 | $920 |
| February 2026 | $795 |
| March 2026 | $795 |
| April 2026 | $795 |
| May 2026 | $786 |
| Month | Median Rent |
|---|---|
| June 2024 | $895 |
| July 2024 | $895 |
| August 2024 | $895 |
| September 2024 | $870 |
| October 2024 | $882 |
| November 2024 | $895 |
| December 2024 | $895 |
| January 2025 | $895 |
| February 2025 | $895 |
| March 2025 | $875 |
| April 2025 | $795 |
| May 2025 | $795 |
| June 2025 | $795 |
| July 2025 | $768 |
| August 2025 | $1,027 |
| September 2025 | $795 |
| October 2025 | $1,173 |
| November 2025 | $1,428 |
| December 2025 | $1,418 |
| January 2026 | $1,245 |
| February 2026 | $795 |
| May 2026 | $750 |
Can I afford to live at 253 Lester St #2?
Bedrooms
StudioRent-to-income ratio
30%
$31,800/yr