3 Hours Ago
Location
716-280 Lester St #1, Waterloo, ON N2L 0G2, CAN|Downtown Waterloo
Tour 280 Lester #1
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RentCorp Property Management
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About 280 Lester #1
Condo Living in Waterloo – Available May 2026! Rent: $2,800/month + hydro Experience comfortable and convenient condo living in the heart of Waterloo. This well-appointed unit is ideally located close to dining, shopping, and entertainment, with grocery stores, pharmacies, and everyday essentials just minutes away—making daily errands simple and stress-free. Property Features: 3 Bedrooms & 2.5 Bathrooms 1 Private Ensuite 2 Balconies (including one off the ensuite) Fully Furnished: Beds, desks, closet space Full Appliance Package, including Washer & Dryer Parking Available On-Site Fitness Room Perfect for students or young professionals seeking a modern and convenient living space. For more information or to book a showing, please contact our Leasing Team at **** or call 519-896-0101 ext. 2.
Address details
| Neighborhood | Downtown Waterloo |
|---|---|
| Post code | N2L 0G2 |
| Type | Condo for rent |
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Rent trends in Downtown Waterloo
3-bedroom apartments at 280 Lester #1 cost about 3% less than the average rent price for 3-bedroom apartments in Waterloo.
Median rents as of Feb 28 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| March 2024 | $2,727 |
| April 2024 | $2,665 |
| May 2024 | $2,788 |
| June 2024 | $2,680 |
| July 2024 | $2,712 |
| August 2024 | $2,654 |
| September 2024 | $2,619 |
| October 2024 | $2,670 |
| November 2024 | $2,639 |
| December 2024 | $2,633 |
| January 2025 | $2,667 |
| February 2025 | $2,804 |
| March 2025 | $2,759 |
| April 2025 | $2,576 |
| May 2025 | $2,577 |
| June 2025 | $2,525 |
| July 2025 | $2,500 |
| August 2025 | $2,484 |
| September 2025 | $2,384 |
| October 2025 | $2,334 |
| November 2025 | $2,332 |
| December 2025 | $2,409 |
| January 2026 | $2,398 |
| February 2026 | $2,609 |
| Month | Median Rent |
|---|---|
| February 2025 | $3,000 |
| March 2025 | $3,035 |
| April 2025 | $2,918 |
| May 2025 | $2,375 |
| September 2025 | $2,320 |
| October 2025 | $2,240 |
| November 2025 | $2,100 |
| January 2026 | $2,518 |
| February 2026 | $2,906 |
Affordability calculator
Can I afford to live at 716-280 Lester St #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$112,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 3-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.
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Internet available near 280 Lester #1
Getting around Waterloo near 716-280 Lester St #1
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 716-280 Lester St #1, Waterloo
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 716-280 Lester St #1
India Food & Grocery
275 Larch St
Sobeys
94 Bridgeport Rd
Paul & Mallory's No Frills
24 Forwell Creek Rd
Wholesale Club
24 Forwell Creek Rd
BulkBarn
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Unique Boutique
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Kindred Spirit
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Loop Clothing
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Stag Shop
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Wholesale Club
24 Forwell Creek Rd
Second Cup
150 University Ave W
Tim Hortons
151 Columbia St W
Williams Fresh Cafe
170 University Ave W
Booster Juice
200 University Ave W
Starbucks
200 University Ave W
Molly Bloom's Irish Pub
170 University Ave W
Williams Fresh Cafe
170 University Ave W
Pin Up Arcade Bar
247 King St N
Morty's Pub
272 King St N
Williams Coffee Pub
33 University Ave E
Popeye's Supplements
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St Cinnamon Bakery Cafe
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Just Love Pie
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The Crumby Cookie Dough Company Inc
8 Regina St N
Ce Food Experience
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Heasley Park
Poets' Green
Naija Jollof
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Student's Delight Restaurant
280 Lester St
Ken Sushi
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Asa Kusa
150 University Ave W
Burger King
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