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Houses for Rent Under $500K in ON

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Finding an affordable rental in Ontario is made easy with our listings of houses for rent under $500k in ON, Square Yards Canada. If you are looking for houses for rent under $500k in Ontario, we offer a variety of budget-friendly options in various Ontario neighbourhoods. Also, with our user-friendly layout, you can filter out rentals by budget, location, and amenities. We have a list of perfect rentals that suit your lifestyle and financial needs. Explore our comprehensive listings and find the ideal homes for rent under $500k in Ontario today with Square Yards Canada.


Last Updated: June 12, 2025
  • New Listings
  • Price(Lo-Hi)
  • Price(Hi-Lo)
  • Bedrooms(Hi-Lo)
  • Bathrooms(Hi-Lo)
  • Square Feet(Lo-Hi)
  • Square Feet(Hi-Lo)
19 Photos
Last Updated : 1 Hour ago
736 Old Albert Street, Waterloo, ON , MLS #40740367 , Image - 1
Image With Blur overlay

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Unit-611, 736 Old Albert Street Waterloo, ON MLS® 40740367

Residential Lease (Condo/Apartment Unit)

$1775
  • 2 Beds
  • 1 Baths
  • 784 sq-ft
Welcome to Cedar Creek Apartments. Well situated with access to transit, shopping, dining, U of W, Laurier and the expressway. This 2 bedroom apartmen
3 Photos
Last Updated : 1 Hour ago
137 Wyndham Street, Wellington, ON , MLS #40717539 , Image - 1
137 Wyndham Street Exhibition Park, Guelph, Wellington, ON MLS® 40717539

Commercial Lease (Retail,Building Only)

Price On Request
  • 812 sq-ft
812 sq ft of walk up retail space available in the downtown core of Guelph. Ample street front and local pay lots nearby. Small basement, washroom and
7 Photos
Last Updated : 1 Hour ago
139 Northfield Drive W, Waterloo, ON , MLS #40720313 , Image - 1

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Unit-204-206, 139 Northfield Drive W Waterloo, ON MLS® 40720313

Commercial Lease (Office,Building Only)

Price On Request
  • 8220 sq-ft
8,220 sq ft of built out office space in the Northfield Station. High exposure building located at the north end of the new LRT Line and beside the So
7 Photos
Last Updated : 1 Hour ago
139 Northfield Drive W, Waterloo, ON , MLS #40720298 , Image - 1

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Unit-205, 139 Northfield Drive W Waterloo, ON MLS® 40720298

Commercial Lease (Office,Building Only)

Price On Request
  • 1936 sq-ft
1,936 sq ft of built out office space in the Northfield Station. High exposure building located at the north end of the new LRT Line and beside the So
7 Photos
Last Updated : 1 Hour ago
139 Northfield Drive W, Waterloo, ON , MLS #40720308 , Image - 1

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Unit-204-205, 139 Northfield Drive W Waterloo, ON MLS® 40720308

Commercial Lease (Office,Building Only)

Price On Request
  • 4952 sq-ft
4,952 sq ft of built out office space in the Northfield Station. High exposure building located at the north end of the new LRT Line and beside the So
7 Photos
Last Updated : 1 Hour ago
139 Northfield Drive W, Waterloo, ON , MLS #40720292 , Image - 1

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Unit-204, 139 Northfield Drive W Waterloo, ON MLS® 40720292

Commercial Lease (Office,Building Only)

Price On Request
  • 3016 sq-ft
3,016 sq ft of built out office space in the Northfield Station. High exposure building located at the north end of the new LRT Line and beside the So
7 Photos
Last Updated : 1 Hour ago
4278 King Street E, Waterloo, ON , MLS #40722093 , Image - 1

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Unit-Suite C, 4278 King Street E Kitchener, Waterloo, ON MLS® 40722093

Commercial Lease (Office,Building Only)

Price On Request
  • 3750 sq-ft
7 Photos
Last Updated : 1 Hour ago
239 Auburn Drive, Waterloo, ON , MLS #40740360 , Image - 1

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Unit-613, 239 Auburn Drive Waterloo, ON MLS® 40740360

Residential Lease (Condo/Apartment Unit)

$1995
  • 2 Beds
  • 2 Baths
  • 1050 sq-ft
Welcome to Auburn Terraces Inc. This well located building provides access to the expressway, shopping, dining, conestoga mall and many other amenitie
11 Photos
Last Updated : 1 Hour ago
76 Montcalm Drive, Waterloo, ON , MLS #40736071 , Image - 1

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Unit-Upper, 76 Montcalm Drive Kitchener, Waterloo, ON MLS® 40736071

Residential Lease (Single Family Residence)

$2700
  • 3 Beds
  • 1 Baths
  • 1100 sq-ft
Located in the desirable Heritage Park area of Kitchener, this beautifully updated 3-bedroom, 1-bathroom upper unit is available for lease and ready f
50 Photos
Last Updated : 1 Hour ago
575 Riverbend Drive, Waterloo, ON , MLS #40570469 , Image - 1

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Unit-2B, 575 Riverbend Drive Kitchener, Waterloo, ON MLS® 40570469

Commercial Lease (Office,Building Only)

Price On Request
  • 5000 sq-ft
Daycare, sales center, restaurant, fitness center, yoga studio, printing or publishing establishment, general office users, professional office user.
37 Photos
Last Updated : 1 Hour ago
575 Riverbend Drive, Waterloo, ON , MLS #40570508 , Image - 1

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Unit-1A, 575 Riverbend Drive Kitchener, Waterloo, ON MLS® 40570508

Commercial Lease (Office,Building Only)

Price On Request
  • 5000 sq-ft
Daycare, sales center, restaurant, fitness center, yoga studio, printing or publishing establishment, general office users, professional office user.
46 Photos
Last Updated : 1 Hour ago
575 Riverbend Drive, Waterloo, ON , MLS #40570514 , Image - 1

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Unit-1B, 575 Riverbend Drive Kitchener, Waterloo, ON MLS® 40570514

Commercial Lease (Office,Building Only)

Price On Request
  • 10000 sq-ft
Daycare, sales center, restaurant, fitness center, yoga studio, printing or publishing establishment, general office users, professional office user.
45 Photos
Last Updated : 1 Hour ago
575 Riverbend Drive, Waterloo, ON , MLS #40570529 , Image - 1

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Unit-1C, 575 Riverbend Drive Kitchener, Waterloo, ON MLS® 40570529

Commercial Lease (Office,Building Only)

Price On Request
  • 15000 sq-ft
Daycare, sales center, restaurant, fitness center, yoga studio, printing or publishing establishment, general office users, professional office user.
33 Photos
Last Updated : 1 Hour ago
74 Norma Crescent Crescent, Wellington, ON , MLS #40738750 , Image - 1

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74 Norma Crescent Crescent Brant, Guelph, Wellington, ON MLS® 40738750

Residential Lease (Single Family Residence)

$4200
  • 4 Beds
  • 4 Baths
  • 2598 sq-ft
Welcome to 74 Norma Crescent Where Luxury and Comfort Converge Step into refined living at its best with this stunning 4 bedroom, 4-bathroom detached
26 Photos
Last Updated : 1 Hour ago
652 River Road, Niagara, ON , MLS #40740606 , Image - 1

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652 River Road Pelham, Niagara, ON MLS® 40740606

Commercial Lease (Retail,Building Only)

Price On Request
  • 2500 sq-ft
16 Photos
Last Updated : 1 Hour ago
919 Sami Street, Peel, ON , MLS #40740510 , Image - 1

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919 Sami Street Erindale, Mississauga, Peel, ON MLS® 40740510

Residential Lease (Single Family Residence)

$1700
  • 1 Beds
  • 1 Baths
  • 600 sq-ft
8 Photos
Last Updated : 1 Hour ago
6102 Main Street, Niagara, ON , MLS #40740518 , Image - 1

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6102 Main Street Niagara Falls, Niagara, ON MLS® 40740518

Commercial Lease (Store with Apartment/Office,Building and Land)

$1200
  • 300 sq-ft
Small Commercial unit for lease located within walking distance to the busiest Street. Close to high-traffic areas, Great Exposure And Very Close To T
1 Photos
Last Updated : 1 Hour ago
1535 Snyder's Road E, Waterloo, ON
Unit-A5, 1535 Snyder's Road E Wilmot, Waterloo, ON MLS® 40717345

Commercial Lease (Industrial,Building and Land)

Price On Request
  • 1024 sq-ft
1,024 sq ft industrial space, Central location with excellent access to HWY 8 with low operating costs. Office/Retail with in floor heating and radian
1 Photos
Last Updated : 1 Hour ago
35 Griffith Road, Perth, ON
35 Griffith Road Stratford, Perth, ON MLS® 40696363

Commercial Lease (Industrial,Building and Land)

Price On Request
  • 3800 sq-ft
44 Photos
Last Updated : 1 Hour ago
19 Lake Street, Niagara, ON , MLS #40740391 , Image - 1

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Unit-18, 19 Lake Street Grimsby, Niagara, ON MLS® 40740391

Residential Lease (Row/Townhouse)

$4250
  • 2 Beds
  • 4 Baths
  • 2250 sq-ft
Luxury Lakeside Living in Marina Bay Estates.Experience the pinnacle of waterfront living in this stunning townhome, perfectly situated in the exclusi
13 Photos
Last Updated : 1 Hour ago
243 Chapel Hill Drive Drive, Waterloo, ON , MLS #40740335 , Image - 1

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Unit-54, 243 Chapel Hill Drive Drive Kitchener, Waterloo, ON MLS® 40740335

Residential Lease (Condo/Apartment Unit)

$1895
  • 2 Beds
  • 1 Baths
  • 824 sq-ft
Welcome to this open concept 2-bedroom, 1-bathroom stacked townhome, nestled in a sought-after community.Designed for stylish comfort and everyday con
26 Photos
Last Updated : 1 Hour ago
167 Garth Massey Drive, Waterloo, ON , MLS #40740175 , Image - 1

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167 Garth Massey Drive Cambridge, Waterloo, ON MLS® 40740175

Residential Lease (Single Family Residence)

$3300
  • 4 Beds
  • 3 Baths
  • 1911 sq-ft
Beautiful 4 beds and 3 baths detached home with double garage in Clemens Mills/Saginaw area. Main floor has living room, family room and nice kitchen.
41 Photos
Last Updated : 1 Hour ago
101 Selection Heights, Niagara, ON , MLS #40739533 , Image - 1

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101 Selection Heights Thorold, Niagara, ON MLS® 40739533

Residential Lease (Row/Townhouse)

$2500
  • 3 Beds
  • 1 Baths
  • 1455 sq-ft
Stunning immaculate only one-year New Executive 3 bedrooms with 3 bathrooms Freehold Townhouse. Approximately Under one year old, in the heart of Thor
13 Photos
Last Updated : 1 Hour ago
632 Columbia Forest Boulevard, Waterloo, ON , MLS #40739392 , Image - 1

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632 Columbia Forest Boulevard Waterloo, ON MLS® 40739392

Residential Lease (Single Family Residence)

$3200
  • 3 Beds
  • 2 Baths
  • 1328 sq-ft
Immaculate 3 bedroom home with den, loft and two bathrooms. Just off Ira Needles and close to shopping, amenities and universities. Large deck. Upgrad
3 Photos
Last Updated : 2 Hours ago
1180 Queens Bush Road, Waterloo, ON , MLS #40738302 , Image - 1
Unit-3, 1180 Queens Bush Road Wellesley, Waterloo, ON MLS® 40738302

Commercial Lease (Industrial,Building and Land)

$2000
  • 2105 sq-ft
1180 Queens Bush Road in Wellesley offers 2,105 SF of flex industrial space for Lease. The unit features on-site parking and flexible lease terms. Zon
8 Photos
Last Updated : 2 Hours ago
1180 Queens Bush Road, Waterloo, ON , MLS #40738299 , Image - 1

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Unit-1, 1180 Queens Bush Road Wellesley, Waterloo, ON MLS® 40738299

Commercial Lease (Office,Building and Land)

Price On Request
  • 4427 sq-ft
1180 Queens Bush Road in Wellesley offers 4,427 SF of medical office space for Lease. The unit features on-site parking, an elevator, kitchenette, mul
7 Photos
Last Updated : 2 Hours ago
85 Northland Road, Waterloo, ON , MLS #40730195 , Image - 1

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Unit-1, 85 Northland Road Waterloo, ON MLS® 40730195

Commercial Lease (Industrial,Building Only)

Price On Request
  • 3404 sq-ft
Industrial unit with immediate possession available in Waterloo's Industrial Park. The unit features a showroom, 2 private offices, a 12'x10' drive-in
2 Photos
Last Updated : 2 Hours ago
1445 Lobsinger Line, Waterloo, ON , MLS #40698114 , Image - 1
Unit-1, 1445 Lobsinger Line Woolwich, Waterloo, ON MLS® 40698114

Commercial Lease (Industrial,Building Only)

Price On Request
  • 5000 sq-ft
Dry storage opportunity available for lease on a flexible term length. Landlord willing to make improvements depending on term and tenant requirement
1 Photos
Last Updated : 2 Hours ago
31-33 King Street W, Waterloo, ON
31-33 King Street W Kitchener, Waterloo, ON MLS® 40540212

Commercial Lease (Office,Building Only)

Price On Request
  • 6200 sq-ft
Main floor, office space located in the heart of Downtown Kitchener. Open Concept with great signage opportunity on King Street. Benefit from the abun
1 Photos
Last Updated : 2 Hours ago
31-33 King Street W, Waterloo, ON
31-33 King Street W Kitchener, Waterloo, ON MLS® 40540215

Commercial Lease (Retail,Building Only)

Price On Request
  • 6200 sq-ft
Main floor, retail space located in the heart of Downtown Kitchener. Open Concept with great signage opportunity on King Street. Benefit from the abun
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