Preston House

315 King Street North
Waterloo, Ontario
N2J 0B7


Preston House is a 17 story student apartment tower near the campuses of Wilfrid Laurier University, the University of Waterloo and Conestoga College. It accommodates residents in shared suites with private, single resident bedrooms and individual washroom facilities.

Shared amenities include a large, bright laundry room on the ground floor, a furnished lounge area with a large, flat-screen TV and fireplace, a pool table, air hockey and a study area with tables and chairs.

Every Preston House suite includes offers free in-room fiber optic connectivity with unlimited bandwidth. The ground floor amenity areas feature Free WiFi connectivity.

Limited parking spaces are available to Preston House residents.

Preston House is wheelchair accessible.

The Name
Preston House draws its name from local history.

“Preston” is the name of a town that was amalgamated with the city of Galt in 1973. It had originally formed on land belonging to the German Company Tract, along the Speed River, and been purchased earlier from the Six Nations Indians.

A settler named John Erb bought the 30 km2 of land 1805. He built a sawmill there in 1806 and a gristmill in 1807. The settlement became known as Cambridge Mills. By 1879 it featured many industries, including a foundry, carriage manufacturer, potteries and a furniture company. Cherry Flour Mills was founded that year – it would later become the Dover Flour Mills, a Preston company that still operates today.

Preston became the Town of Preston in 1900, and had a population of just under 11,000 by 1959.


Rez-One provides luxury student housing for students in the Waterloo area. Our goal is to offer Waterloo students an upscale student housing environment so they can live well and do well.

In an effort to create the best environment for Waterloo students, we have all the amenities students could want – both in their suites and in the common public areas.

Rez-One offers a “home away from home” environment.

In every suite:
– Private bedrooms with 3-piece, en suite washroom facilities
– Free fibre optic Internet connectivity with unlimited broadband access
– Furnished living room with large, flatscreen TV
– Fully equipped kitchen with modern, energy saving appliances, including refrigerator, extra freezer, microwave, toaster oven, stovetop and dishwasher

In the common areas:
– Open, security controlled laundry facilities in the main lobby
– Large, open-view concept laundry room
– Furnished common room lounge with large, flat-screen TV and fireplace
– Large common study area
– WiFi Internet access
– Pool table
– Available parking
– Interior bicycle security and exterior bike racks area

– Access to Student CarShare. For more information, check out, and be sure to use the promotional coupon code ‘RezOne’ when you book for an additional discount.

Safety and Security


In the building
Access to Preston House is controlled by a key fob security system and electronic entry control. We ask residents not to allow anyone into the building who is not there to visit them specifically. Our houses are also monitored by a network of high resolution video cameras in the common areas and the outside grounds.

In the suites
Access to all suites is controlled through a key fob security system.

In the rooms
Access to all bedrooms is controlled through an electronic keypad security system.




Floor Plans


Rez-One properties are built with campus accessibility in mind. In the Waterloo area, whether you attend the University of Waterloo, Sir Wilfrid Laurier University or Conestoga College, if you stay with us you’ll be situated close to campus and within easy access of public transportation.
RezOne Proximity Map


Do I need to have a roommate ready before move in? No! We place many single students with other students based on the university program in which they are enrolled and our best efforts towards matching for personality. You also have the option to share a suite with your group of friends.

Are suites co-ed? That depends on what you want and what you are comfortable with. You can choose whether you prefer to live in an all female, all male, or co-ed suite.

How soon should I submit my application? Please submit your application early, as we compile our wait list in order of applications received.

What do room rates cover? Housing rates include hydro, gas, water, internet, standard maintenance service, on-site group study and common areas, wi-fi (common amenity areas only), on-site laundry facility, and security staff.  Cable television is not included but can be connected by individual suites and tenants with local providers.

How do I access the building, my suite and my bedroom? Upon move-in, you will be given a personalized security key fob that will allow you to swipe open the front and rear access doors of the building. This same fob will provide access to all amenities and your suite. Access to your bedroom is controlled by a digital keypad lock.

How does guest sign in and parking work? Guests may temporarily park with a low fee at a designated space specified by the Property Manager.

Can I receive mail at Preston House? Yes. The mail room in each house is located in the lobby. You will receive your mailbox key when you move in.

Will I receive rent receipts for my monthly payments? Yes. Because we are a private student apartment building, you will receive rent receipts for all months that you stay with us. You may use these when filing your income tax returns.

Is there security in the building? Yes. Preston House is equipped with close to 200 high definition cameras. These includes the parking areas, all common areas and the exterior of the buildings. Front desk staff are also on-site daily and will be able to assist you or answer any questions.

What if I need something in my suite fixed? We have a maintenance technician to fix issues related to each unit. Just fill out a service request with the Property Manager and our maintenance staff will address the issue. You will be given 24 hours notice of any maintenance issues that require access to your suite.

Are the suites furnished? Yes. The living room comes with 2 couches, a table, and a large flat screen TV. The kitchen is equipped with an energy efficient refrigerator, extra freezer, stove top, microwave and dishwasher. The large island comes with 5 bar stools. The bedrooms come furnished with a double bed, 1 night stand, a study table and a chair.

What deposit do you need? Last months rent are required upon signing the lease. For key deposit and monthly payments, a pre-authorized payment system form is available for greater convenience.

Take a Tour »

Preston House Photo Gallery

Preston House’s Location

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