This property is a spacious townhouse student unit located at 251 Lester St, Waterloo, ON N2L 3W6. Designed with student living in mind, it features a 5-bedroom, 2-bathroom layout that offers flexible leasing options whether you are looking to rent an individual room or secure a spot with a group of friends. Its prime location places it just steps away from the University of Waterloo, Wilfrid Laurier University, and Conestoga College's new campus, making it an ideal choice for minimizing commute times. Surrounded by local restaurants, shopping options, banks, and public transit, the property blends vibrant campus proximity with everyday neighborhood convenience.
- This holding fee of Ca$99 prioritises & fast-tracks your application with our partners.
- The Ca$99 holding fee is fully refundable within 6 days of payment. Full refund is applicable whether your booking is finalized with Amber or even if we're unable to find a suitable match for you.
- Last Month's Rent (LMR) is required with the Residential Tenancy Application.
- First Month's Rent (FMR) is required before occupancy upon key collection.
- 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.
Monthly instalments are available.
- Pre-Authorized Debit (PAD) / Automatic Bank Withdrawal.
- Cheque.
- 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.
- 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.
- Visa-related cancellations considered under this policy.
- Refund eligibility reviewed case by case by property manager.
- Proof requirement: Visa rejection evidence.
Students who cancel after signing the lease are charged a $500 cancellation fee.
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