5 Hours Ago
Location
253 Lester Street #401, Waterloo, ON N2L 3W6, CAN|Downtown Waterloo
Tour 253 Lester Street #401
Contact
Alexandra Fitzgerald
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Amenities for 253 Lester Street #401, Downtown Waterloo
Apartment Amenities
| Air Conditioning | Central Heat |
| Furnished | High Ceilings |
Building
| Controlled Access | Elevator |
| Onsite Laundry |
Services
| On-Site Management |
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
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 Street #401
Sweet deal!
This listing is 64% below the median price for 1 bedroom apartments in Downtown Waterloo.
Lease Signing Bonus with up to $250 in Gift cards of your choice of retailer 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! Rent a Single room or a space for you and 2 friends Property Features: • 5 bedrooms per unit • 2 full bathrooms • Fully furnished • Internet included • Laundry in building • Parking via Honk Mobile App
Lease Terms
FlexibleAddress details
| Neighborhood | Downtown Waterloo |
|---|---|
| Post code | N2L 3W6 |
| Type | Apartment for rent |
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Rent trends in Downtown Waterloo
1-bedroom apartments at 253 Lester Street #401 cost about 64% less than the average rent price for 1-bedroom apartments in Downtown Waterloo.
Median rents as of Nov 1 2025.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| November 2023 | $1,957 |
| December 2023 | $1,886 |
| January 2024 | $1,860 |
| 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 | $1,724 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,991 |
| December 2023 | $1,949 |
| January 2024 | $1,857 |
| 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 | $1,925 |
Affordability calculator
Can I afford to live at 253 Lester Street #401?
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
$28,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 1-bedroom monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.
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Internet available near 253 Lester Street #401
Getting around Waterloo near 253 Lester Street #401
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 Street #401, 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 Street #401
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