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MyRez On Lester, Waterloo

181, Lester St, Waterloo, N2L 0C2, Canada
From
CA$1225
per month
1.0 mi from City Center
( 5m. 18m. 21m)
See Universities on Map
Wilfrid Laurier University | 0.31 mi
University of Waterloo | 0.78 mi
Conestoga College | 8.54 mi
Pay In Instalment
study lounge
laundry facility
fitness center
Games Room

Offers (2)

  • Get An Additional CA$20 Cashback By Booking Via The Amber App
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About the Property

Set at 181, Lester St, Waterloo, N2L 0C2, Canada, MyRez On Lester offers a modern and well-connected student living space that balances independence with a sense of community. Designed to cater to the lifestyle of both domestic and international students, the property delivers a range of thoughtfully planned 5B rooms and shared amenities that make day-to-day living smooth and enjoyable. Whether you’re looking for private study time or opportunities to socialize, the housing environment adapts to both.

One of the best advantages of MyRez On Lester student housing in Waterloo is its amazing proximity to universities. University of Waterloo and  Wilfrid Laurier University are all located within 5–15 minutes by public transport, giving students the ability to save both time and money on travel. This makes it easier to attend lectures, participate in campus activities, and still enjoy a lively social scene.

The city of Waterloo itself has grown into a student hub, welcoming more than 50,000 students every year. Known for its tech-driven job market, culture, and high academic standards, the city ranks as one of the most student-friendly areas in Ontario. Average monthly expenses range between CAD 1,400–2,000, while the safety index hovers around 67/100, offering newcomers a secure and reassuring environment. Many MyRez On Lester reviews emphasize not only its comfort and location but also its ability to provide a home-like atmosphere, making it a preferred option for those exploring Waterloo student housing.

Features

MyRez On Lester is a thoughtfully designed student housing that has it all: spacious rooms, amazing amenities, and a strong student community.It has room types such as 5 Bed 2.5 Bath, 5 Bed 4 Bath, and 5 Bed 5 Bath.

Amenities such as heat, hydro, water, and internet are included in the bill. Common amenities include a study lounge, so students have a dedicated space where they can focus and get all their tasks done. A fitness centre to keep students healthy and on top of their fitness game. The games room gives students a place to relax and have some fun.

The rooms come with a double bed and a mattress, so students have a lot of space to relax and get cozy. The desk helps students have a space where they can keep all their tasks in check. The blazing fast wifi keeps students updated and connected. MyRez On Lester also has in suite laundry to keep the students’ clothes nice and fresh. Finally, the rooms have an ample amount of storage space to make the students' stay stress-free.

Location and What's Hot?

Living at MyRez On Lester places students in the very heart of Waterloo’s energetic student community, so students will never be out of things to do in Canada. Choosing MyRez On Lester in Waterloo means enjoying direct access to academic institutions, social spots, and recreational activities. The property sits close to Conestoga College, cutting down commute times and making life far more convenient.

Students can take advantage of nearby gardens like Waterloo Park, an expansive recreational area perfect for outdoor activities, jogging, or casual meetups. On weekends, Uptown Waterloo is a lively hangout spot offering boutique shops, multicultural dining, and action-filled nightlife. Food enthusiasts often head to Seven Shores Café or Now Tea, which have become local favorites for coffee, pastries, and study sessions. For daily essentials and fashion, Conestoga Mall and King Street retail stores provide plenty of choice. Students can be part of the top music festivals in Canada when staying at MyRez On Lester.

Entertainment options also abound, whether it’s catching a live performance at the Centre In The Square, exploring trails at RIM Park, or attending community events around Uptown. Those who want cultural experiences can explore local art galleries, museums, and music venues that keep the area lively year-round. To make student life even more manageable, a helpful resource link: daylight savings in Canada offers insights into getting the most out of this city.

Thanks to this unique mix of academics, recreation, and convenience, MyRez On Lester student housing stands out as one of the most sought-after choices. Many reviews highlight how the area provides students with the best of both worlds: serious academic focus and an exciting lifestyle.

Commute

Transportation from MyRez On Lester is straightforward and efficient, ensuring students can get around without hassle. The property is within walking distance of key campuses, but for those traveling further, the nearest bus stops are only a short stroll away. This gives quick access to central Waterloo, Uptown, and the surrounding neighborhoods.

In addition, the ION Light Rail Transit (LRT) system runs close by, connecting Waterloo with Kitchener and other parts of the region. Students can reach shopping centers, libraries, and entertainment hubs within minutes, while longer trips are supported by Grand River Transit’s intercity buses, which make travel affordable and reliable.

University of Waterloo Station and Laurier–Waterloo Park Station are  a 5-7 minute walk from Myrez On Lester. For those who prefer taking the bus, University/Seagram Stop and Columbia/Lester Stop are just 5 minutes away.

Room Types (3)

Clear
All (3)
5B (3)
5B
An apartment with five bedrooms, a living room, kitchen, and bathroom
9

5 Bed 2.5 Bath

Starting From: CA$1,225/month
5B
Private Room
Shared Bathroom
Shared Kitchen
4

5 Bed 4 Bath

Starting From: CA$1,290/month
5B
Private Room
Shared Bathroom
Shared Kitchen
1

5 Bed 5 Bath

Starting From: CA$1,299/month
5B
Private Room
Private Bathroom
Shared Kitchen
Amenities
Common Amenities
Study Lounge
Fitness Center
Games Room
Bills Included
Heat
Hydro
Water
Internet

Payment Policies (3)

  • Booking Deposit
    This property requires booking deposit.
  • Pay In Instalment
    This property offers 1 flexible instalment plans.
  • Mode Of Payment
    Payment via easy transaction modes.
Booking Deposit
<p>1. The property requires the <strong>last &nbsp;month’s rent</strong> as a deposit.</p> <p>2. This must be paid within <strong>48 hours </strong>of signing the lease to secure your room with the property.</p> <p>3. Property management will connect you with the property directly for more information about the last month rent deposit.</p>
Pay In Instalment
<p>Due monthly on the 1st.</p>
Mode Of Payment
<p>Automatic payments setup with either pre-authorized debit or a debit/ credit card.</p>

Cancellation Policies (1)

  • Other cancellation policies
    General cancellation policies may apply to this property.
Other cancellation policies
<p>Opt out by November 30th for the following year. 60 days notice for the end of a lese term (end of 3 years)</p>
.

Frequently Asked Questions

Do you send me a bill every month?

No, bills are not sent to residents each month, but you may see payment reminders posted around the property.

Can I request specific roommates?

Yes, you can list the roommates you have chosen on your profile card when completing your lease. It is important that all roommates list each other and that all requests are mutual.

What is an individual lease?

An individual lease provides each resident with their own separate lease agreement and responsibility for only his/her monthly rent installment and applicable utility and parking charges. By signing an individual lease, you are only taking responsibility for your rent installment and lease terms and will not be held liable for any delinquent amounts owed by your roommate(s).

Do you have a roommate matching service?

Yes, you will be given a profile card when completing your lease contract that will inquire as to your study habits, social habits, and hobbies to help them match you with residents that have similar preferences in your floor plan.

Am I allowed to request a specific unit?

You can list your preferences on your profile card and housing application and they will do their best to place you in the unit that fits those requests. All requests are served on a first-come, first-served basis and are taken in order based on the date your application was received.
MyRez On Lester, Waterloo
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8.2K+ Reviews
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Nearby Properties

Student Accommodations in Waterloo

Waterloo Student Housing

Waterloo, Ontario, is an amazing student hub, home to world-class institutions like the University of Waterloo and Wilfrid Laurier University. With a student population exceeding 50,000, the demand for student housing in Waterloo has led to a wide variety of living options across the city. Known for its safe neighborhoods, lively cultural scene, and growing tech community, Waterloo gives students a good balance of academics and lifestyle.

On-campus residences are often limited and fill up quickly, making off-campus student apartments in Waterloo a preferred choice. Students can choose from abundant options, including private studios, shared apartments, and ensuite rooms, making sure that there’s something for every lifestyle and budget. Popular choices include Waterloo student apartments Ontario located near Uptown Waterloo and close to campus, offering easy access to cafes, libraries, and transit routes.

Amber simplifies the search for student residences in Waterloo by providing a wide range of verified listings. From student apartments in Waterloo near university campuses to modern off-campus apartments in Waterloo with community amenities. Some of the most loved options are King Street Towers and Bridgeport House, just 1.2 miles away.

About Waterloo

Waterloo, located in southern Ontario just 110 km west of Toronto, is a thriving student-friendly city that has history, innovation, and community living. Once settled by Mennonite pioneers in the early 19th century, the city has transformed into a global hub for technology and education, often nicknamed the “Silicon Valley of the North.”

Home to a population of over 120,000 residents, Waterloo has one of the youngest demographics in Ontario, with students making up nearly 40% of the population during the academic year. More than 22% of these students are international, creating an abundant and inclusive environment. The city has a balanced lifestyle, with green spaces like Laurel Creek Conservation Area and Waterloo Park perfect for outdoor activities, alongside cultural highlights such as the Kitchener-Waterloo Oktoberfest, North America’s largest Bavarian festival, and the Sun Life Waterloo Busker Carnival that draws visitors from across the region.

For students, Waterloo has a wide range of lifestyle perks: amazing neighborhoods, excellent public transit, and easy access to Toronto within a 90-minute drive. The demand for student housing in Waterloo continues to rise, with options ranging from modern studios to shared apartments.

Best Student Housing In Waterloo

The search for the perfect University of Waterloo off-campus housing is a critical step for students moving to this city. Waterloo off-campus housing has an attractive blend of independence, affordability, and community that many students seek. Such student apartments for rent in Waterloo often come with a variety of housing types, including shared rooms, private rooms, and studio apartments, which are tailored to fit a student's lifestyle and preferences.

1. Fergus House - From $1350 per month
2. Hespeler House - From $1350 per month
3. Preston House - From $1280 per month
4. 308 King - From $1250 per month
5. MyRez On Lester - From $1225 per month

Affordable Student Housing In Waterloo

Affordable student housing in Waterloo caters to an abundant student population, offering convenient options close to the University of Waterloo and Wilfrid Laurier University. Many students prefer shared apartments, studios, or one-bedroom units, which provide a balance between cost and comfort. Amenities like high-speed internet, laundry facilities, and study lounges are often included, reducing extra expenses.

1. King Street Towers - From $830 per month
2. Bridgeport House - From $1225 per month
3. Collegeview Commons Kitchener - From $860 per month
4. Old Meadow Lane - From $1000 per month
5. Mariner Dr - From $1000 per month

Best Areas To Live In Waterloo

Waterloo has a variety of neighborhoods ideal for students, each with its own advantages, from proximity to campuses to great social life. Whether you prefer the lively downtown, quiet suburban streets, or convenient access to public transit, there’s a Waterloo student apartment or off-campus apartment to match every lifestyle. Amber gives the best inventory in all these areas, making sure of verified listings and flexible leases to suit everyone’s needs.

1. Uptown Waterloo: A bustling area filled with cafes, restaurants, and shops, making it perfect for students who enjoy social life. The commute to campus is approximately 10 minutes by bus. Average rent: CAD $300-$400/week.
2. Westmount: Known for quieter streets and green spaces, ideal for focused study and relaxation. Commute to campus: 15 minutes by bike. Average rent: CAD $280-$360/week.
3. Laurelwood: Popular among international students, this area has convenient access to transit and supermarkets. Commute to campus: 20 minutes by bus. Average rent: CAD $270-$350/week.
4. Conestoga: Close to tech hubs and co-working spaces, it attracts students seeking a balance between study and part-time work opportunities. Commute to campus: 12 minutes by bus. Average rent: CAD $290-$370/week.
5. Fairway: A calm, residential neighborhood with parks and recreational facilities, perfect for students looking for a quieter lifestyle. Commute to campus: 15 minutes by bus. Average rent: CAD $260-$340/week.

Room Types Available In Waterloo

Student housing in Waterloo has a wide variety of room types to suit different budgets, lifestyles, and preferences. Amber-listed properties provide modern, verified accommodations designed to meet the needs of students, whether they seek privacy, community, or independent living.

1. 2-Bedroom or 3-Bedroom Rooms
These rooms feature a private bedroom while sharing bathrooms, kitchens, and living areas with one or two other residents. They balance privacy and social interaction, making them ideal for students seeking a semi-private setup. Amber properties like Luxe Waterloo and Preston House offer these options close to major transit routes and shopping areas.

2. Studio Apartments
Studio apartments are self-contained units with a private bedroom, bathroom, and compact kitchen. Students enjoy full privacy and independence, ideal for mature learners or those with demanding study schedules. Amber’s Riverbend Studios and Uptown Flats provide modern studio units with high-speed internet and contemporary furnishings.

3. 1-Bed or 2-Bed Apartments
These apartments include one or two private bedrooms with shared kitchens, bathrooms, and living areas. They are suitable for students planning to live with a friend or roommate, offering more space and comfort than larger shared units. Amber listings in Uptown Waterloo combine convenience with a community-oriented design.

4. Shared Apartments
Shared apartments contain multiple private bedrooms with communal kitchens, bathrooms, and living rooms. They foster social interaction while maintaining personal space, making them ideal for students who enjoy an amazing, community-focused living environment. Maple Grove Apartments is a popular option.

5. Private Rooms
Private rooms provide personal sleeping and study areas while giving access to shared facilities like kitchens and lounges. They are versatile for students who want independence without complete isolation, available in several Amber properties across Waterloo.

6. Flexible Private Rooms
These rooms offer a personal space with a study area and sleeping area, with access to shared bathrooms and communal spaces. Flexible leases and adaptable layouts make them ideal for students with varying schedules or short-term stays. Properties such as Preston House provide this option.

Cost Of Living

Understanding the cost of living in Waterloo is critical for students planning their finances and lifestyle in this amazing Canadian city. The average monthly cost of living for a student in Waterloo can be significant, typically ranging from CAD 1,500 to CAD 2,000. This figure is an approximation, as it is influenced by personal habits and choices regarding Waterloo student housing, dining, and other expenses.

1. Food & Groceries: CAD 290 - CAD 350/month
2. Transportation: CAD 100 - CAD 150/month
3. Utilities (including Internet): CAD 150 - CAD 200/month
4. Clothing: CAD 75 - CAD 90/month
5. Sports & Leisure: CAD 50 - CAD 100/month

Student Travel Waterloo

For students seeking student housing in Waterloo, the amazing city extends a well-connected and efficient transport system that complements the dynamic lifestyle of its student population. Whether you are commuting to your campus or exploring the city, you will find a variety of affordable and convenient public transport options near University of Waterloo off-campus housing. Here are the primary modes of student travel in Waterloo:

1. Buses: The Grand River Transit (GRT) operates a comprehensive network of buses across Waterloo, making sure of a  that students can travel easily from their accommodation to various points of interest. Buses run frequently, with fares starting around CAD 3.25 per ride. Students can also consider purchasing a monthly pass for around CAD 82, which has unlimited travel, making it a cost-effective option for daily commutes.

2. Light Rail Transit (LRT) : The ION light rail serves as a modern transit option for quick and smooth travel within the city. Linking major areas and being an eco-friendly choice, the LRT is an excellent option for students. A single fare costs approximately CAD 3.25, while a monthly pass (the same as for buses) gives unlimited trips and can be a wise investment for regular users.

3. Cycling: Waterloo is a bike-friendly city, with many students opting for cycling as a healthy and inexpensive mode of transport. The city has well-maintained bike lanes and trails, perfect for those staying in nearby Waterloo student housing options who prefer pedal power. Additionally, secure bike parking facilities are typically available near major transit stations and campuses.


Nearest Properties to Top Universities

1. Fergus House - 7-minute drive away from University of Waterloo
2. Hespeler House - 3-minute drive away from Wilfrid Laurier University
3. Preston House - 21-minute drive away from Conestoga College
4. 308 King- 5-minute drive away from University of Waterloo
5. MyRez On Lester- 22-minute drive away from Conestoga College

Student Life & Tourist Attractions In Waterloo

Waterloo, a city in Ontario, Canada, is a favorite among students for its perfect mix of academics, culture, and lifestyle. Finding affordable student housing in Waterloo is easier thanks to options like shared apartments, studios, and one-bedroom units near the University of Waterloo and Wilfrid Laurier University, often including amenities such as high-speed internet, study lounges, and laundry facilities.For students looking to explore beyond Waterloo, check out things to do in Canada to discover more exciting experiences across the country. With its housing, culture, and leisure, Waterloo truly feels like home for students.

Students have plenty of spots to eat, relax, and socialize. Grab a meal at Seven Shores, chill at Princess Cafe, or enjoy breakfast and lunch at Korner Kitchen Breakfast and Lunch Eatery. For coffee and study sessions, Velo City Coffeehouse and Balzac’s Coffee Roastery are popular. Outdoor lovers can unwind at Waterloo Park, Health Valley Trail, RIM Park, or the scenic Laurel Creek Conservation Area. History buffs can visit Brubacher House Museum, the Earth Sciences Museum, and Joseph Schneider Haus Museum.

Weekend adventures include shopping at Conestoga Mall, strolling through St. Jacobs Farmers’ Market, or exploring Iron Horse Trail and GeoTime Trail. Beer enthusiasts can stop by Innocente Brewing Company or Beertown Brewing Company.

Top Universities In Waterloo

Waterloo is home to several prestigious institutions, attracting over 50,000 students annually, including more than 11,000 international students from around the globe. Its strong focus on innovation, research, and student life makes the city a prime destination for higher education. Here are some of the top universities and colleges students attend:

1. University of Waterloo: With a student population exceeding 40,000, the University of Waterloo is ranked 112th globally in QS 2025. Known for engineering, computer science, and co-op programs, students can find student housing near University of Waterloo within 10-15 minutes of campus.
2. Wilfrid Laurier University: Enrolling over 20,000 students, Laurier is recognized for business, music, and arts programs. Amber has student housing near Wilfrid Laurier University close to transit, cafes, and libraries.
3. Conestoga College: Hosting over 12,000 full-time students, Conestoga specializes in applied sciences, technology, and skilled trades, with many students seeking nearby off-campus apartments in Waterloo.
4. University of Guelph: Just 30 minutes away, Guelph enrolls over 30,000 students, known for agriculture, veterinary, and environmental programs.
5. McMaster University: Around 1.5 hours from Waterloo, McMaster has over 32,000 students and is highly regarded for medicine and engineering. Amber listings for student housing near McMaster University provide safe and convenient off-campus options.
6. University of Western Ontario: Located within 2 hours’ commute, Western enrolls over 40,000 students, excelling in business, law, and social sciences.

Summary

Whether you're looking for budget-friendly student housing in Waterloo or modern Waterloo student apartments, Amber offers 100% verified listings, all-inclusive rent, and dedicated support every step of the way. Students can explore student apartments in Waterloo, off-campus student apartments Waterloo, and Waterloo student apartments Ontario to find options that match their lifestyle. Book early to secure the best spots close to your campus, whether it’s the University of Waterloo, Wilfrid Laurier University, or Conestoga College.

AI Microcopy

Student housing in Waterloo ranges from approximately CAD $250-$450 per week, depending on the type of room types and amenities. Areas like Uptown Waterloo, Westmount, Laurelwood, Conestoga, and Fairway are popular among students due to their proximity to campuses, shopping, and transit. Amber properties are well-connected via buses and cycling routes, often within 10–20 minutes of major universities, offering safe, comfortable, and community-focused living for students.

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