261 Lester St, Waterloo, ON
Offers
About the Property
261 Lester St, Waterloo, N2L 3W6, Canada is a 5B property with a 5 Bed 2 Bath layout. Wilfrid Laurier University sits about a 12-minute walk away, while the University of Waterloo is roughly an 8-minute drive.
Waterloo is also fairly easy to navigate on foot, with the city recording a Walk Score in the low 60s, according to Walk Score, meaning many everyday errands can be handled without a car. Cycling is another practical option for students, with Waterloo scoring around 79 for Bike Score on Walk Score. For safety, Numbeo records a crime index of around 31.5 and a safety index of roughly 68.5 for Waterloo. The city also has a relatively educated population, with more than 45% of residents aged 15 and over holding a bachelor's degree or higher, according to Statistics Canada. These figures give a useful snapshot of daily life here: Waterloo is walkable in parts, well-suited to cycling, and shaped heavily by its student and graduate population.
Features
If you are sharing a 5 Bed 2 Bath apartment, then the room arrangements in the communal area of 261 Lester St Waterloo are also important. The room comes with a private room, shared bathroom, and shared kitchen. For instance, there is a dishwasher, oven, refrigerator, and gas stove in the kitchen of 261 Lester St. So students can really have a home-cooked meal at home rather than eating takeout daily.
261 Lester St also has air conditioning, heating, high-speed internet access, and a washer/dryer. That’s a useful combination for Waterloo’s changing seasons, especially when summer heat and winter cold can feel very different.
Some of the practical stuff at 261 Lester St is handled at the building level. Internet access is included, and shared community and utilities help keep everyday arrangements straightforward, while laundry in the building gives residents another option when they need it.
And if you’re bringing a car to 261 Lester St, parking availability is a useful extra. You can leave the car behind when heading to campus and still have it ready for trips around the wider region.
Location and What's Hot?
One of the biggest draws of 261 Lester St is simply what surrounds it. Conestoga College Waterloo Campus is another 6-minute drive, so students at different institutions can still stay within the same part of Waterloo.
Food is easy to work into the week at this student housing in Waterloo Ontario. Grab coffee at Seven Shores Community Cafe, Cafe 1842, or The Yeti Cafe, or stop by Williams Fresh Cafe when you need somewhere to sit with a laptop. For an actual meal, Famoso Neapolitan Pizzeria, Pita Factory, and Shinwa give students a few different options without having to travel far.
The social side of Waterloo is concentrated around places such as Uptown Waterloo, where cafés, restaurants, shops, and bars keep the area busy. Malt & Barley Public House, Jane Bond, and Pub on King are options for an evening out, while Princess Cinemas offers something more low-key. For live entertainment, The Jazz Room brings music into the mix.
When you want to get away from the busy streets, Waterloo Park gives students somewhere to walk, sit outside, or meet friends. Laurel Creek Conservation Area offers a more outdoorsy escape, while Victoria Park in Kitchener is another option for green space and a change of scenery.
The practical side at 261 Lester St is covered too. Zehrs, Farm Boy, T&T Supermarket, Walmart Supercentre, and Conestoga Mall handle groceries and shopping. For something different, the Canadian Clay and Glass Gallery and THEMUSEUM offer cultural stops around the region. Waterloo Regional Health Network and Shoppers Drug Mart cover nearby healthcare and pharmacy needs.
Commute
261 Lester Street Waterloo ON has straightforward connections to the university area.
| Transport Option | Type | Distance |
|---|---|---|
| University Of Waterloo | Bus Station | 13-minute walk |
| Laurier Waterloo Park Station | ION light-rail station | 3-minute drive |
Amenities
Shared Community And Utilities
Parking
Room Types (1)
5B
5 Bed 2 Bath
House Rules
Payment and Fees
Booking Deposit
Last Month's Rent (LMR) is required with the Residential Tenancy Application. First Month's Rent (FMR) is required before occupancy upon key collection.
Security Deposit
A $250 key deposit is required. Students without a Canadian guarantor are required to pay a refundable furniture deposit equivalent to one month's rent.
Pay In Instalment
Monthly instalments are available.
Mode Of Payment
Pre-Authorized Debit (PAD) / Automatic Bank Withdrawal. Cheque.
Guarantor Requirement
A Canadian guarantor with proof of income equivalent to at least 2× the monthly rent is required. Canadian guarantors are preferred over additional deposits. Students without a Canadian guarantor are required to pay a refundable furniture deposit equivalent to one month's rent. A third-party guarantor service may be available.
Additional Fees
Hydro charges are paid separately from the rent and must be paid monthly. Tenant insurance is required before moving in. Utility accounts must be set up by the student where applicable. An NSF administration charge of $20.00 applies if a cheque is returned unpaid. After a second returned cheque, future rent payments must be made by cashier's cheque or money order.
Frequently Asked Questions
What documents are required when applying for a property?
- A valid government-issued photo ID
- Recent proof of income (such as pay stubs or an employment letter)
- Rental history and landlord references (if applicable)
Can I move in during the middle of a month?
What should I do if I experience a maintenance issue?
Is rent required before move-in?
Are utility accounts required before move-in?
Is tenant insurance required?
How are maintenance requests handled?
Are routine property inspections conducted?
What happens during move-in and move-out inspections?
- Online payments
- Electronic bank transfers
- Automatic withdrawals
- Cheques or other approved payment methods
What happens if a rent payment is missed?
Can a guarantor be added to support an application?
261 Lester St, Waterloo, ON
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