5+ Days Ago
Highlights
Rent Special
Pet Friendly
Location
161 University Avenue East, Waterloo, Ontario N2J 2W4, Canada|Lincoln Heights
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent LondonApartments for rent HamiltonApartments for rent KitchenerApartments for rent BramptonApartments for rent WaterlooApartments for rent GuelphApartments for rent CambridgeApartments for rent BurlingtonApartments for rent Downtown LondonApartments for rent OakvilleApartments for rent Downtown WaterlooApartments for rent BrantfordApartments for rent BrantApartments for rent DurandApartments for rent MeadowvaleApartments Near Me
Houses for rent KitchenerHouses for rent BramptonHouses for rent OakvilleHouses for rent HamiltonHouses for rent WaterlooHouses for rent Cherry HillHouses for rent LondonHouses for rent Downtown WaterlooHouses for rent Central Erin MillsHouses for rent River OaksHouses for rent CambridgeHouses for rent GuelphHouses for rent MiltonHouses for rent BurlingtonHouses for rent DurandHouses for rent near me
Property Overview
159 & 161 University Avenue East garners an impressive Zumper expert rating of 9.4 out of 10, reflecting its strong overall appeal to renters. Its competitive pricing, exceptional amenities, and prime location contribute to a perfect balance of price and value, complemented by high ratings in quality and trustworthiness. Additionally, the property is pet-friendly, offering outdoor spaces that enhance its attractiveness for potential renters.
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
Images Available
Great for
Pet owners
Floor plans
| 2 Bedroom | 2 bed | 1 bath | 833 sqft | $2,000 /mo | 1 unit available |
Let's explore this property.
Amenities for 159 & 161 University Avenue East
Apartment Amenities
| Balcony | Fully Renovated |
| Heat | Hot Water |
| Vinyl Plank Floors |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Microwave |
| Stainless Steel Appliances | Stove |
Building
| Cats OK | Controlled Access |
| Dogs OK | Intercom System |
| Onsite Laundry | Radiant Heat |
| Video Surveillance |
Grounds
| Storage |
Services
| On-Site Management |
Neighborhood
| Convenience Store | Public Transit |
| Restaurants 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
Application Fee
One-time. Agent application fee.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking.
$95
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1960 |
|---|---|
| Lease terms | 12 months |
Advertisement
About 159 & 161 University Avenue East
159 and 161 University Avenue are two three-storey buildings are comprised of one one-bedroom unit and 11 two-bedroom units in each building for a total of 24 units. Our fully renovated suites have stainless steel appliances with private balcony or patio space. Our building is pet friendly and includes on-site laundry, bicycle storage, storage lockers and surface parking. Outdoor Parking: $95 Storage Lockers: $35
Year Built: 1960
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
Excellent159 & 161 University Avenue East 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.
159 & 161 University Avenue East 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.
159 & 161 University Avenue East 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—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.
159 & 161 University Avenue East 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.
159 & 161 University Avenue East 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.
159 & 161 University Avenue East 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 159 & 161 University Avenue East compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
Considerations
- Priced higher than average
- 1-bedrooms are $0.0 more than the median rent in this area
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Lincoln Heights
2-bedroom apartments at 159 & 161 University Avenue East cost about 1% less than the average rent price for 2-bedroom apartments in Lincoln Heights.
Median rents as of Nov 22 2025.
Lincoln Heights
Waterloo
| Month | Median Rent |
|---|---|
| December 2023 | $2,393 |
| January 2024 | $2,380 |
| February 2024 | $2,397 |
| March 2024 | $2,374 |
| April 2024 | $2,350 |
| May 2024 | $2,343 |
| June 2024 | $2,308 |
| July 2024 | $2,316 |
| August 2024 | $2,322 |
| September 2024 | $2,351 |
| October 2024 | $2,392 |
| November 2024 | $2,307 |
| December 2024 | $2,259 |
| January 2025 | $2,212 |
| February 2025 | $2,298 |
| March 2025 | $2,276 |
| April 2025 | $2,237 |
| May 2025 | $2,261 |
| June 2025 | $2,285 |
| July 2025 | $2,278 |
| August 2025 | $2,172 |
| September 2025 | $2,062 |
| October 2025 | $2,037 |
| November 2025 | $2,030 |
| Month | Median Rent |
|---|---|
| September 2024 | $2,149 |
| October 2024 | $2,149 |
| November 2024 | $2,202 |
| April 2025 | $1,999 |
| September 2025 | $2,040 |
| October 2025 | $2,025 |
Affordability calculator
Can I afford to live at 161 University Avenue East?
Bedrooms
2 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
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 2-bedrooms monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Advertisement
Internet available near 159 & 161 University Avenue East
Getting around Waterloo near 161 University Avenue East
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
Frequent public transit options are within walking distance.
Points of interest for 161 University Avenue East, Waterloo
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Compare similar properties nearby
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry
- dogs and cats ok
- balcony
- on-site laundry