3 Days Ago
Location
202-261 Lester St #2, Waterloo, ON N2L 3W6, CAN|Downtown Waterloo
Tour 261 - 261 Lester Street #2
Contact
RentCorp Property Management
Nearby rentals
Renter hub
Property management
Apartments for rent HamiltonApartments for rent LondonApartments for rent KitchenerApartments for rent BramptonApartments for rent GuelphApartments for rent WaterlooApartments for rent BurlingtonApartments for rent CambridgeApartments for rent Downtown LondonApartments for rent OakvilleApartments for rent Downtown WaterlooApartments for rent BrantfordApartments for rent BrantApartments for rent CorktownApartments for rent West LondonApartments Near Me
Houses for rent KitchenerHouses for rent HamiltonHouses for rent WaterlooHouses for rent BramptonHouses for rent MiltonHouses for rent BeasleyHouses for rent LondonHouses for rent MeadowvaleHouses for rent Fletcher's MeadowHouses for rent OakvilleHouses for rent Central Erin MillsHouses for rent Central HamiltonHouses for rent CambridgeHouses for rent CorktownHouses for rent Downtown WaterlooHouses for rent near me
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Advertisement
About 261 - 261 Lester Street #2
Sweet deal!
This listing is 60% below the median price for 1 bedroom apartments in Downtown Waterloo.
One room available in a shared accommodation unit for May 2026. Minimum 1 year leases, 4-month leases also considered. Don't miss your chance to secure a fully furnished room in one of Waterloo's most convenient student housing locations. A limited number of units are available—act fast to lock in your spot! Apply now: www rentcorp ca applications Prime Location: Steps from the University of Waterloo, Wilfrid Laurier University, and Conestoga's new campus! Close to restaurants, shopping, banks, and public transit. Sleep in longer—you're closer to class! Property Features: •5 bedrooms per unit •2 full bathrooms •Fully furnished •Internet included •Laundry in building •Parking via Honk Mobile App **** | (519) 896-0101 ext. 2 These units are going fast—secure yours today before they're gone! Unit amenities Air conditioner, Climate control, Controlled access, Dishwasher, Furnished, Heat, Refrigerator, Stove and Oven
Address details
| Neighborhood | Downtown Waterloo |
|---|---|
| Post code | N2L 3W6 |
| Type | Apartment for rent |
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Downtown Waterloo
1-bedroom apartments at 261 - 261 Lester Street #2 cost about 60% less than the average rent price for 1-bedroom apartments in Downtown Waterloo.
Median rents as of Jan 31 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| February 2024 | $1,918 |
| March 2024 | $1,947 |
| April 2024 | $1,950 |
| May 2024 | $2,015 |
| June 2024 | $2,058 |
| July 2024 | $2,091 |
| August 2024 | $2,137 |
| September 2024 | $2,127 |
| October 2024 | $2,060 |
| November 2024 | $1,940 |
| December 2024 | $1,871 |
| January 2025 | $1,902 |
| February 2025 | $1,941 |
| March 2025 | $1,890 |
| April 2025 | $1,904 |
| May 2025 | $1,944 |
| June 2025 | $2,002 |
| July 2025 | $2,014 |
| August 2025 | $1,841 |
| September 2025 | $1,831 |
| October 2025 | $1,808 |
| November 2025 | $1,713 |
| December 2025 | $1,739 |
| January 2026 | $1,772 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,764 |
| March 2024 | $1,871 |
| April 2024 | $1,951 |
| May 2024 | $2,099 |
| June 2024 | $2,124 |
| July 2024 | $2,149 |
| August 2024 | $2,197 |
| September 2024 | $2,198 |
| October 2024 | $2,200 |
| November 2024 | $1,974 |
| December 2024 | $1,933 |
| January 2025 | $2,021 |
| February 2025 | $2,022 |
| March 2025 | $1,888 |
| April 2025 | $2,032 |
| May 2025 | $2,070 |
| June 2025 | $2,106 |
| July 2025 | $2,124 |
| August 2025 | $1,913 |
| September 2025 | $1,919 |
| October 2025 | $2,060 |
| November 2025 | $1,881 |
| December 2025 | $1,823 |
| January 2026 | $1,831 |
Affordability calculator
Can I afford to live at 202-261 Lester St #2?
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
$30,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 1-bedroom monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.
Advertisement
Internet available near 261 - 261 Lester Street #2
Getting around Waterloo near 202-261 Lester St #2
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
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
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 202-261 Lester St #2, Waterloo
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 202-261 Lester St #2
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
Macro Foods
95 King St S
Unique Boutique
26 Young St E
Kindred Spirit
34 King St N
Loop Clothing
13 King St N
Stag Shop
7 King St N
Tweed & Hickory
50 Westmount Rd N
Second Cup
150 University Ave W
Williams Fresh Cafe
170 University Ave W
Tim Hortons
151 Columbia St W
Second Cup
75 University Ave W
Booster Juice
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
158 University Ave W
St Cinnamon Bakery Cafe
170 University Ave W
Just Love Pie
33 Erb St W
The Crumby Cookie Dough Company Inc
8 Regina St N
Ce Food Experience
100 Regina St S
Waterloo Park
Waterloo Park
Brighton Park
Poets' Green
Alexandra Park
Ken Sushi
256 Phillip St
Asa Kusa
150 University Ave W
Burger King
150 University Ave W
Grace & Healthy Dumpling
150 University Ave W
Naija Jollof
280 Lester St
University Ave. / Sunview
Hazel, Westmount, Keats-University
University Ave. / Phillip
Keats-University, Hazel, 202 iXpress, Westmount
University Ave. / Phillip
Hazel, Westmount, Keats-University, 202 iXpress
University Ave. / Sunview
Hazel, Keats-University, Westmount
University Ave. / Hemlock
Westmount, Hazel, Keats-University
Kitchener
Kitchener, Kitchener
University of Waterloo Station
ION Light Rail
University of Waterloo Station
ION Light Rail
Laurier-Waterloo Park Station
ION Light Rail
Laurier-Waterloo Park Station
ION Light Rail
Research / Technology Station
ION Light Rail
Compare similar properties nearby
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
38 Marshall St #31-3, Waterloo, ON, N2J 2T4
Our team has verified this companyDowntown Waterloo • 38 Marshall St #31-3
1 Bed
$600
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
38 Marshall St #31-3, Waterloo, ON, N2J 2T4
Our team has verified this companyDowntown Waterloo • 38 Marshall St #31-3
1 Bed
$600
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
- on-site laundry
- air conditioning
- furnished
Check availability
Apartments for rent in Waterloo164 listings
164 listings
Cheap apartments in Waterloo75 listings
75 listings
Luxury apartments in Waterloo40 listings
40 listings
Houses for rent in Waterloo51 listings
51 listings
Cheap houses in Waterloo23 listings
23 listings
Luxury houses in Waterloo8 listings
8 listings
Rooms for rent in Waterloo2 listings
2 listings
Brampton apartments244 listings
244 listings
Brantford apartments108 listings
108 listings
Burlington apartments139 listings
139 listings
Guelph apartments207 listings
207 listings
Hamilton apartments758 listings
758 listings
Kitchener apartments337 listings
337 listings
London apartments1344 listings
1344 listings
Mississauga apartments517 listings
517 listings
Oakville apartments94 listings
94 listings
Beechwood apartments11 listings
11 listings
Colonial Acres apartments6 listings
6 listings
Lakeshore apartments34 listings
34 listings
Laurelwood apartments2 listings
2 listings
Lincoln Heights apartments7 listings
7 listings
Lincoln Village apartments2 listings
2 listings
Maple Hills apartments9 listings
9 listings
Uptown Waterloo apartments7 listings
7 listings
Uptown West apartments14 listings
14 listings
Advertisement