5+ Days Ago
Location
253 Lester St #3, Waterloo, ON N2L 3W6, CAN|Downtown Waterloo
Tour 253 Lester St #3
Contact
Wolverine Property Management Limited
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Amenities for 253 Lester St #3, Downtown Waterloo
Apartment Amenities
| Air Conditioning | Furnished |
Appliances
| Microwave | Refrigerator |
Building
| Onsite Laundry |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 253 Lester St #3
At the heart of Waterloo's vibrant student community, 253 Lester Street is more than just a place to crash between classes -- it's where your university years come to life. With five spacious bedrooms and two bathrooms, this home is built for late-night study marathons, spontaneous pizza runs, and the kind of friendships that turn into lifelong memories. Every corner invites connection, from shared meals in the kitchen to quiet mornings sipping coffee before a busy day on campus. Just a short walk to both UW and Laurier, and steps from cafes, transit, and all the essentials, this is student living at its most convenient -- but with a warmth and energy that feels like home. At 253 Lester, you're not just renting a space -- you're writing your story, surrounded by laughter, learning, and the people who make it all unforgettable. 24 Hour Emergency Hotline Air Conditioner Biking Distance To School Bright Centrally Located Decent Sized Rooms Efficient Appliances Electronic Thermostat Fridge & Stove Oven Included In The Middle Of It All Microwave Included Near Bus Stops Near Connestoga College (Waterloo Campus) Near University Of Waterloo Near Wilfrid Laurier University (Waterloo Campus) Online Maintenance Portal Online Rent Payment Portal Onsite Coin Laundry Recycling Secure Resident Portal Tenant Pays Hydro View Walking Distance To Amenities Walking Distance To School Walking Distance To Shopping Wi Fi Included Window Coverings
Address details
| Neighborhood | Downtown Waterloo |
|---|---|
| Post code | N2L 3W6 |
| Type | Apartment for rent |
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Rent trends in Downtown Waterloo
studio apartments at 253 Lester St #3 cost about the same as the average rent price for studio apartments in Downtown Waterloo.
Median rents as of Mar 14 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| March 2024 | $895 |
| April 2024 | $895 |
| 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 |
| Month | Median Rent |
|---|---|
| March 2024 | $895 |
| April 2024 | $895 |
| 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 |
Affordability calculator
Can I afford to live at 253 Lester St #3?
Bedrooms
StudioRent-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
$31,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this studio monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.
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Internet available near 253 Lester St #3
Getting around Waterloo near 253 Lester St #3
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 253 Lester St #3, 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
7/10
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 253 Lester St #3
India Food & Grocery
275 Larch St
Sobeys
94 Bridgeport Rd
Macro Foods
95 King St S
BulkBarn
66 Bridgeport Rd E
Walmart Supercentre
70 Bridgeport Rd E
Bart & Maria Tailoring
60 Regina St N
Unique Boutique
26 Young St E
Express Tailor
27 Bridgeport Rd E
Nadia's Jewellery
27 Bridgeport Rd E
Kindred Spirit
34 King St N
Second Cup
150 University Ave W
Williams Fresh Cafe
170 University Ave W
Tim Hortons
151 Columbia St 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
Ethel's Lounge
114 King St N
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
Brady's Meat & Deli
465 Phillip St
Waterloo Park
Waterloo Park
Brighton Park
Alexandra Park
Poets' Green
Foodie Fruitie
203 Lester St
Song Shi Fu Lan Zhou La Mian Inc
203 Lester St
Asa Kusa
150 University Ave W
Burger King
150 University Ave W
Grace & Healthy Dumpling
150 University Ave W
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Laurier-Waterloo Park Station
ION Light Rail
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Research / Technology Station
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