Monthly rent

$1,008

Beds

Baths

Sqft

250

Monthly rent	$1,008
Beds	1
Baths	1
Sqft	250

2 Days Ago

Location

203 Lester Street #U405 R5, Waterloo, ON N2L 0B5, CA|Downtown Waterloo

Tour 203 Lester Street

Contact

Max Trinh

(844) 329-3784 ext. 9991

Amenities for 203 Lester Street, Downtown Waterloo

Apartment Amenities

Air Conditioning	Central Heat
Furnished

Building

Controlled Access	Elevator
Onsite Laundry

Grounds

Garage Parking

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

About 203 Lester Street

Sweet deal!

This listing is 45% below the median price for 1 bedroom apartments in Downtown Waterloo.

Address: 203 Lester St, Waterloo, ON. Canada. N2L 0B5. U405 R5. Rent: $1,006.32/mth (includes all utilities EXCEPT hydro) Looking for a sublet for the Winter period: Dec 31, 2025 - May 1, 2026 Private room within a shared unit. The unit has a total of 5 bedrooms and 2 full washrooms. Room is furnished with a twin bed, table, and a drawer.

Lease Terms

Flexible

Neighborhood

Downtown Waterloo

Post code

N2L 0B5

Type

Apartment for rent

Rent trends in Downtown Waterloo

1-bedroom apartments at 203 Lester Street cost about 45% less than the average rent price for 1-bedroom apartments in Downtown Waterloo.

Median rents as of Dec 6 2025.

Downtown Waterloo

Waterloo

A table of 1-bedroom apartment rental data trends in Waterloo
Month	Median Rent
December 2023	$1,841
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	$1,713
December 2025	$1,707

A table of 1-bedroom apartment rental data trends in Downtown Waterloo
Month	Median Rent
December 2023	$1,898
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	$1,881
December 2025	$1,825

Affordability calculator

Can I afford to live at 203 Lester Street #U405 R5?

Bedrooms

1 bedroom

Rent-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

$40,320/yr

With your selected rent-to-income ratio, you'd ideally want to make $40,320 annually to afford this 1-bedroom monthly rent price of $1,008.

For more information on rent affordability, visit our rent calculator.

Getting around Waterloo near 203 Lester Street #U405 R5

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

8/10

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 203 Lester Street #U405 R5, Waterloo

Groceries

8/10

At least one grocery store within a 15-minute walk

Shopping

6/10

Variety of shops within walking distance

Cafes

6/10

Some cafés within walking distance

Restaurants

7/10

Variety of restaurants within walking distance

Primary schools

8/10

At least one elementary school within a 10-minute walk

High schools

7/10

At least one high school within a 15-minute walk

Parks

9/10

Large amount of park space nearby

Nightlife

3/10

Few or no bars within walking distance

203 Lester Street203 Lester Street #U405 R5, Waterloo, ON N2L 0B5, CA

Location

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Amenities for 203 Lester Street, Downtown Waterloo

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About 203 Lester Street

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Getting around Waterloo near 203 Lester Street #U405 R5

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Points of interest for 203 Lester Street #U405 R5, Waterloo

Groceries

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Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

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203 Lester Street
203 Lester Street #U405 R5, Waterloo, ON N2L 0B5, CA