Who This Residence Suits
308 King is a one-bedroom-only property aimed at students or young professionals who value private living space and are willing to pay a premium for it. Based on its location, amenities, and lease terms, it fits the following profiles:
-
University of Guelph students – The property is located in Waterloo, ON, and the only university listed in the context is the University of Guelph. While the two cities are about 20 km apart, many students commute or prefer the Waterloo area. If you have a car or are comfortable with a bus commute, 308 King is a realistic option.
-
Students who want a 10-month lease – The minimum lease term is 10 months, slightly shorter than the typical 12-month academic year. This can suit students who need to leave in the summer or want flexibility to re-sign or move after the school year ends.
-
Those who prioritize a private unit – All units are one-bedroom (1b), meaning you get your own bedroom, kitchen, and bathroom. No shared living spaces with strangers. This appeals to introverts, couples, or anyone who prefers solitude and control over their environment.
-
Residents who want in-building laundry, indoor parking, and a rooftop terrace – These three amenities are explicitly listed as tags. Indoor parking is a significant convenience in Canadian winters. A rooftop terrace provides outdoor space without leaving the building.
-
People who value responsive management – One of the Google reviews specifically praises the leasing coordinator Candace for being understanding and supportive. If you’ve had bad experiences with unresponsive landlords, the management’s reputation here is a positive signal.
The property is available from September 2, 2026, which aligns with the typical fall intake for Canadian universities.
Who This Residence Doesn’t Suit
-
Budget-conscious students – The minimum price is CAD 1,240 per month (indicative — confirm with the operator), while the overall city (Guelph) from-price across all student properties is CAD 750. That’s a 65% premium. Even the cheapest unit at 308 King is significantly above the city’s entry-level price. Students looking to spend under CAD 1,000 per month will not find options here.
-
Students who need a shared apartment to reduce costs – There are no two-bedroom, three-bedroom, or studio units. Only one-bedrooms. If you plan to split rent with a roommate, this property is not designed for that. You could technically share the one-bedroom with a partner, but that’s not a standard arrangement.
-
Those who want promised amenities to be fully operational at move-in – One resident (Sebastian M) reported that the gym, dog wash station, and rooftop patio were either under construction or not available for almost a year after signing the lease. If those amenities are a deal-breaker for you, confirm their status directly with the operator before signing.
-
People looking for a property within walking distance of the University of Guelph – The address is Waterloo, ON N2J 0G4. The university campus is about 20 minutes by car or bus. If you need to be within a 5-minute walk to lecture halls, this is not the right choice.
-
Students with a tight budget for housing deposits – No deposit amount is listed in the data. While that doesn’t mean no deposit is required, you should ask the operator about the amount upfront to avoid surprises.
What Residents Actually Say
Three Google reviews are available for 308 King, totalling 105 reviews with an average rating of 4.3. Here are verbatim quotes that capture both positive and negative experiences.
Positive – Mahek Panchal (Rating 5)
“The management at 308 King St N is very understanding and supportive, and the overall experience has been great. I’d especially like to recognize Candace, one of the Leasing and Housing Coordinators. She was extremely welcoming and accommodating, truly took the time to understand what we were looking for, and helped ma”
The review was likely cut off, but the tone is clearly appreciative of the personal service.
Positive – Jeffrey Xu (Rating 5)
“Just went with a friend for a tour. Taylor, our guide, was extremely friendly and accommodating, and left us with a great impression of the property and management. We will definitely consider leasing.”
This suggests the touring experience is positive and leaves a good first impression.
Negative – Sebastian M (Rating 2)
“Have had a negative experience at 308 king since signing my lease almost a year ago. The rooms are nice as seen in photos but that’s all that’s good about this building. Promised amenities such as a gym, dog wash stations and rooftop patio have been either under construction for the entire time of my lease so far or th”
The review is also truncated but clearly points out a mismatch between what was promised and what was delivered during the resident’s stay.
Summary of sentiment: The management and touring staff earn high marks. The physical rooms appear to match photos. However, the delayed or incomplete delivery of common amenities is a recurring complaint in the only negative review. Given that the overall rating is 4.3 from 105 reviews, this negative experience might be an outlier – but it’s worth verifying the status of those amenities before committing.
Price Positioning vs City Average
The city of Guelph has a from-price of CAD 750 per month across 11 student properties in the database. 308 King’s price range is CAD 1,240 – 2,480 per month (indicative — confirm with the operator). That puts the starting price about 65% above the city’s baseline.
A few context notes:
- The city from-price likely includes lower-cost options such as shared rooms or older buildings. 308 King is a newer(ish) building with indoor parking and in-suite laundry, which explains the higher price.
- The upper end of the range (CAD 2,480) is extremely high for a single student. That price point probably applies to a larger or premium one-bedroom unit.
- No other properties in the context have their prices listed individually, so we cannot compare 308 King side-by-side with similar properties. But relative to the city “from” number, 308 King is clearly positioned as a premium option.
If your housing budget is above CAD 1,200 per month and you value privacy and good management, the price may be justified. If you are trying to stay under CAD 1,000, this is not the property for you.
Room Type Guidance
Only one room type is available: one-bedroom (1b). There are no studios, no two-bedroom suites, and no shared apartments. This means:
- You will have your own bedroom, kitchen, bathroom, and living area (if the unit includes a separate living room – the data doesn’t specify layout, but typical one-bedrooms have a combined or separate living room).
- The price range (CAD 1,240 – 2,480) suggests there may be different floor plans or finishes within the one-bedroom category (e.g., standard vs. deluxe, lower vs. higher floor). Confirm the exact price for the unit type and floor you are offered.
- If you want to live with a roommate, you would have to split the one-bedroom, which is uncommon and may violate the lease terms. Ask the operator whether they allow a second occupant.
- Laundry facility is available in the building (tagged as “laundry_facility”). Indoor parking and rooftop terrace are additional perks.
Booking Timing
The property is available from September 2, 2026. If you need housing for the Fall 2026 semester, you should consider booking several months in advance. The data does not indicate how quickly units fill, but a premium property with limited room types (only one-bedrooms) might have a smaller inventory. Once those units are taken, there are no alternative room types at this building.
Typical student housing booking patterns in Canada:
- January to March 2026: Early bird deposits, often with lower rates.
- April to June 2026: Peak booking season for September move-in.
- July to August 2026: Last-minute bookings; availability may be limited.
Because the minimum lease is 10 months, you would pay from September 2026 through June 2027 (or similar). If you need a shorter term (e.g., 8 months), this property would not work.
Frequently Asked Questions
Is 308 King within walking distance to the University of Guelph?
No. The property’s address is Waterloo, ON N2J 0G4, and the university is in Guelph. The driving distance is about 20 km (roughly 20 minutes by car). Public transit options exist (e.g., GO Transit or local bus routes), but walking is not feasible. Factor commuting time and cost into your decision.
What amenities are actually available now vs. still under construction?
Based on the negative review from Sebastian M, the gym, dog wash station, and rooftop patio were not fully operational for the first year of his lease. However, the review may be older, and those amenities may now be complete. The tags in the data (laundry_facility, Indoor Parking, Rooftop Terrace) indicate that the building advertises these features. To be safe, contact the operator directly and ask for a written confirmation of which amenities are currently open and functional.
Can I split the rent with a roommate in a one-bedroom unit?
The unit type is “1b,” which typically means one bedroom and one bathroom. Most leases prohibit additional occupants beyond what is specified. If you want to reduce the per-person cost by sharing, you would need to check with the operator whether a second occupant is permitted and whether the lease would allow it. Some properties charge extra for a second tenant. Given the high-end positioning, it is more likely that the unit is intended for single occupancy.
Sources & data date: 2026-07
For real-time availability and specific unit pricing, use the on-site assistant to check current inventory and speak directly with the operator.
See also: listing details · browse more