OFFER:
FINAL MAY ROOMS LEFT! null
2 Days Ago
Highlights
Rent Special
Pet Friendly
Location
345 King St N, Waterloo, ON N2J 2Z1, CAN|Downtown Waterloo
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Property Overview
345 King Street North is a top-tier rental option, with an overall expert rating of 9.4/10 and exceptional scores for price, amenities, location, and quality, indicating outstanding value and living standards. Renters benefit from extensive listing details, including 22 photos and a high trustworthiness rating, plus strong value-for-money in the area. It is also well-suited to work-from-home lifestyles, with utilities included in the rent and high-speed internet available.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Images Available
Great for
Work-from-home
Floor plans
| MAY (4 Months Sublet) | 1 bed | 0 bath | $599 /mo | 1 unit available | |||
| MAY 2026 (12 Months) | 1 bed | 0 bath | $804 /mo | 1 unit available | |||
| SEPTEMBER 2026 (12 Months) | 1 bed | 0 bath | $965 /mo |
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Amenities for 345 King Street North
Apartment Amenities
| Air Conditioning | Furnished |
| Heat | Hot Water |
| In-suite Storage | Study Room |
| View | Window Coverings |
Appliances
| Fridge | Stove |
Tech
| Internet Included | Utilities: Broadband Internet |
| WiFi Included |
Building
| Cats OK | Controlled Access |
| Dogs OK | Elevator |
| Fitness Center | Games Room |
| Onsite Laundry | Recreation Room |
| Video Surveillance | Wheelchair Accessible |
Grounds
| Exercise Room | Garage Parking |
| Storage |
Services
| On-Site Management |
Neighborhood
| Public Transit Nearby |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Deposit
One-time.
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OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Covered Lot
Garage Lot
Surface Lot
Covered Lot
Parking Fee
Monthly. 2 covered lots max. Unassigned parking.
Contact Property
Garage Lot
Parking Fee
Monthly. 2 garage lots max. Unassigned parking.
Contact Property
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 4–12 months |
|---|
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About 345 King Street North
Location: Waterloo, Ontario. Located close to both Laurier University and the University of Waterloo - this location is perfect for all students. The property offers fully furnished bedrooms in large 4 & 5-bedroom suites that include in-suite kitchens and multiple washrooms. In addition, take advantage of the free high-speed WiFi. Come as a pair, individually, or as a group. Save the travel time to the property and meet us on Facetime, or WhatsApp. "Ask us about our Summer rates for 12 Month Lease" PROMOTION: SEPTEMBER 2026: Receive 2 months of rent FREE! + 6 Months Utility Credit! *Some conditions apply, please inquire for more details. Please see our current availability below: MAY (4 Months Sublet): $599/Month MAY 2026 (12 Months): Starting from AFTER PROMOTION: $804/Month (BEFORE PROMOTION: $965/Month) SEPTEMBER 2026 (12 Months): Starting from $965/Month *Speak with your leasing specialist about utilities.* "Tour from the comfort of your own home! Virtual tours offered at every property" TOUR OPTIONS: - In-person - Virtually (via Facetime or WhatsApp) Top reasons to live at 345 King Street: - Close to both University of Waterloo and Laurier - Kitchen with full-size appliances - Laminate floors Air conditioning - Large living areas - perfect for studying or entertaining with friends & roommates - Bedroom fully furnished with desk and storage - Juliette balcony *in select suites* - Onsite laundry facility - The MARQ Residence life program - regular resident events - 24/7 maintanence support - Onsite management team to service your everyday needs Do you need parking? ask onsite about our different options! How to get the process started: 1. Book an in-person or virtual tour on your schedule by clicking "Book Tour" OR give us a call anytime 2. Meet us at our leasing center at 345 King St OR Online via Facetime or WhatsApp 3. Click "Apply Now", select your room type, fill out the forms, and one of our leasing staff will contact you ASAP Suite images shown represent standard unit finishes, which may differ between units. Suite layout varies.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.4
/10
Excellent345 King Street North is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
345 King Street North offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
345 King Street North stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
345 King Street North is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
345 King Street North has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
345 King Street North is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 345 King Street North compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- No central heat
- Fewer climate control options
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Rent trends in Downtown Waterloo
1-bedroom apartments here are priced 61% lower than 1-bedrooms in Downtown Waterloo.
Median rents as of May 2 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| May 2024 | $895 |
| 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 | $750 |
| Month | Median Rent |
|---|---|
| May 2024 | $895 |
| 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 |
Affordability calculator
Can I afford to live at 345 King St N?
Bedrooms
1 bedroomRent-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
$32,160/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,160 annually to afford this 1-bedroom median monthly rent price of $804.
For more information on rent affordability, visit our rent calculator.
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Internet available near 345 King Street North
Getting around Waterloo near 345 King St N
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 345 King St N, Waterloo
Groceries
8/10
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
7/10
Variety of restaurants within walking distance
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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