21 Hours Ago
Highlights
Rent Special
Pet Friendly
Location
157 University Ave E, Waterloo, ON N2J 2W4, CAN|Lincoln Heights
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Property management
Apartments for rent LondonApartments for rent HamiltonApartments for rent KitchenerApartments for rent GuelphApartments for rent WaterlooApartments for rent BramptonApartments for rent BurlingtonApartments for rent CambridgeApartments for rent Downtown LondonApartments for rent Downtown WaterlooApartments for rent DurandApartments for rent OakvilleApartments for rent West LondonApartments for rent BrantfordApartments for rent CorktownApartments Near Me
Houses for rent HamiltonHouses for rent WaterlooHouses for rent GuelphHouses for rent LondonHouses for rent KitchenerHouses for rent OakvilleHouses for rent BrantfordHouses for rent BramptonHouses for rent BurlingtonHouses for rent MiltonHouses for rent Centre WellingtonHouses for rent Guelph/EramosaHouses for rent CambridgeHouses for rent Spring ValleyHouses for rent OrangevilleHouses for rent near me
Property Overview
159 & 161 University Avenue East receives a strong Zumper Expert Rating of 9.4 out of 10, indicating it is an excellent choice for renters, particularly due to its impressive amenities and competitive pricing. With top scores for amenities and location, this property offers residents significant advantages, including excellent transparency from management and the added benefit of pet-friendly outdoor spaces. The comprehensive set of photos further enhances visibility for prospective tenants.
This summary uses Zumper’s proprietary data. “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 | $2,078 /mo |
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
Per-applicant. 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.
Parking Policy
Surface Lot
Surface Lot
Parking Fee
Monthly. 2 surface lots max.
$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
Welcome to 159 & 161 University Avenue East, a well-maintained residential property offering practical and comfortable suites in Waterloo. The building features thoughtfully designed layouts that provide functional living spaces suited to professionals, couples, and small families. Each suite includes efficient kitchens and bathrooms with durable finishes designed for everyday use. Interiors are bright and welcoming, with layouts that maximize usable space while maintaining a clean and practical design. The property is professionally managed to ensure consistent upkeep and responsive service, contributing to a secure and well-maintained living environment. A controlled entry system supports resident safety and peace of mind. The overall focus of the property is to provide dependable housing with straightforward features that prioritize comfort, functionality, and reliable maintenance. 159 & 161 University Avenue East are located in an established Waterloo neighbourhood offering convenient access to nearby amenities and essential services. Residents benefit from proximity to shopping, restaurants, cafés, and everyday conveniences that support daily living. The area provides a connected and accessible setting within a well-situated community. Its location offers a balanced residential environment while remaining close to surrounding services and local destinations. The neighbourhood complements the property's practical and reliable design, providing residents with accessibility and comfort within a stable and established community atmosphere. Contact us today to schedule your private tour!
Year Built: 1960
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 3% more than the average rent price for 2-bedroom apartments in Lincoln Heights.
Median rents as of Jun 27 2026.
Lincoln Heights
Waterloo
| Month | Median Rent |
|---|---|
| July 2024 | $2,315 |
| 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 | $2,024 |
| December 2025 | $2,033 |
| January 2026 | $2,014 |
| February 2026 | $2,019 |
| March 2026 | $2,011 |
| April 2026 | $2,000 |
| May 2026 | $1,998 |
| June 2026 | $1,998 |
| 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 |
| April 2026 | $2,011 |
| May 2026 | $2,012 |
| June 2026 | $2,021 |
Affordability calculator
Can I afford to live at 157 University Ave E?
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
$83,120/yr
With your selected rent-to-income ratio, you'd ideally want to make $83,120 annually to afford this 2-bedrooms monthly rent price of $2,078.
For more information on rent affordability, visit our rent calculator.
Advertisement
Internet available near 159 & 161 University Avenue East
Getting around Waterloo near 157 University Ave E
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 157 University Ave E, 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
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony
- dogs and cats ok
- on-site laundry
- balcony