Houses for Rent in Waterloo, Ontario

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With Square Yards Canada, you can explore ideal properties in Waterloo. Search for your options 72 rental condo apartment, 27 townhouse condos for rent, 35 rental townhouse, office space for lease, 32 detached and 4 semi-detached houses for rent in Waterloo.

Featured Projects

One Delisle Condos

1 Delisle Ave, Toronto, ON

From $698,900 - $2,944,900

NorthCore Condos

53 Sheppard Avenue West, Toronto, ON

Price On Request

Adagio Condos

771 Yonge Street, Toronto, ON

Price On Request

Gemma Condos

5046 Hurontario Street, Mississauga, ON

From $621,900 - $1,029,900

Crest at Crosstown Condos

824 Don Mills Rd., Toronto, ON

From $825,990 - $1,538,990

Express Condos

4 Tippett Rd, Toronto, ON

From $833,900 - $1,015,900

LeftBank Condos

91 River Street, Toronto, ON

From $500

The Pemberton 33 Yorkville

33 Yorkville Ave, Toronto, ON

From $819,990 - $1,965,990

Leaside Common

1720 Bayview Avenue, Toronto, ON

Price On Request

Forest Hill Private Residences

2 Forest Hill Road, Toronto, ON

From $1,800,000

Last Updated: June 01, 2023

15 Photos

Stunning 3 Bedroom, 3 Bathroom Detached Home Situated In a Quiet Friendly Neighbourhood. Upon Entering You'll Notice the Deep Foyer with Open Concept Spacious Kitchen Boasting Quartz Countertops, Brand New S/S Appliances and Ample Cupboard.Counter Space. Sunken Living Room with Sliding Doors Leading to Large Deck Allowing Plenty of Natural Light to Shine Into the Room. A Convenient Power Room Complete This Level. Upstairs are Grand Double Doors Leading to the Spacious Primary Bedroom Featuring Beautiful Windows, Ample Closet Space and Cheater Ensuite. There are 3 other Good Sized Bedrooms with Large Windows. Many Recent Upgrades Have Been Done. Backyard Offers a Large Wood Deck and an Above Ground Swimming Pool.

$3000.0

3 Beds
3 Baths

99 Amanda Walk

MLS® X6075092

8 Photos

*Welcome to Spacious 2 bed, *2 Bath Apartment With Walk-in Closet! *Low-rise Unit, *1210 sqft, *Surrounded by Trees and Trails. *Includes Open Balcony, *1 Parking, and *1 Storage. *Stainless Steel Appliances and *Stackable Washer/Dryer. *Visitor Parking and Bicycle Parking Available. *Minutes from the 401. *Offering 1 month FREE on a 13th month's lease. *Contact us for a Showing and Bring your Best Offer Forward We Will Negotiate!

$2700.0

2 Beds
2 Baths
1200-1399 sq-ft

Unit-206, 1201 Lackner Rdge

MLS® X6074120

Top Municipalities in Waterloo

If you are searching for some of the most preferred municipalities in Waterloo to live in, Square Yards has you covered. You can find a wide range of properties to match your preferences in property size or budget, including freehold, residential, and commercial property for rent in Waterloo most preferable municipality.

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30 Photos

Mattamy Princeton Model, 3 bedroom 3 washroom 2 Storey Townhome With W/O Basement. The Open-Concept Main Living Space Flows Together Effortlessly & Includes A Great Room, Modern Kitchen, Breakfast Bar, & Dining Room Featuring A Bright Patio Door. Access To The Garage Via Mudroom With A Walk-in Closet. Primary Bedroom Featuring A W/I Closet And An Ensuite Glass-Enclosed Shower. Convenience Of Upstairs Laundry, Linen Closet, & Bedrooms 2 And 3, Each With Ample Closet Space.

$2799.0

3 Beds
3 Baths
1500-2000 sq-ft

41 Histand Tr

MLS® X6074232

37 Photos

Absolutely Gorgeous Brand New Never Lived 3 Brs & 3 Washrooms Townhouse!!! Highly Sought Area Of Cambridge. Luxury Vinyl Floors On The Main Floor & Broadloom 2nd Level, Large Kitchen W/Breakfast Bar, Granite Counter Top With Backsplash, Stainless Steel Appliances,2nd Floor Laundry, Landlord Looking For Good Tenants W/ Excellent Credit, Good Job & Will Take Care Of This House Like Their Own.

$2799.0

3 Beds
3 Baths
1500-2000 sq-ft

29 Faith St

MLS® X6070120

22 Photos

Beautiful 2 Bedrooms With 2 Full Washrooms Sun Filled Condo Unit. Excellent Location. Close To Wilfrid Laurier University & University Of Waterloo. Close To Lrt And Hwy 85. Modern Kitchen Cabinets. With Upscale Upgrades Like Stainless Steel Appliances, Quartz Countertops, And Stylish Laminate Flooring, This Apartment Effortlessly Emanates Modern Elegance. Furthermore, Its Prime Location Situates It In Close Proximity To Prominent Companies Such As Google, Sunlife, Shopify, Kitchener Go Station, Kw Hospital And Many More. This Condo Is Just Steps Away From All The Shopping, Restaurants, And Nightlife That Uptown Waterloo Has To Offer.

$2800.0

2 Beds
2 Baths
900-999 sq-ft

Unit-304, 103 Roger St , Waterloo, ON

MLS® X6069612

6 Photos

Brand New Beautifully Finished Contemporary, Townhome With One Parking. Very Spacious Unit With 2 Very Good-Sized Bedrooms, Walk-In Closets, 2.5 Bathrooms, Open Concept Kitchen/Dinette With Granite Countertops. Lots Of Sunlight In The Home. Modern Laminate Flooring, Ceramics, And Carpet Throughout. Huge Master Bedroom With Ensuite.

$2350.0

2 Beds
3 Baths
1400-1599 sq-ft

90 Seabrook Dr

MLS® X6069628

Property for Lease in Waterloo Overview

Waterloo Real Estate For Rent

The real estate market of Waterloo is vibrant and booming. The city is located in the heart of southwestern Ontario’s greenbelt. The real estate property of Waterloo is leashed with community amenities, making it an extensive urban centre. However, the city has the character and charm of a smaller rural community. Waterloo is home to two of the highest-ranked universities in the country and attracts some of the best and brightest talents from around the globe. Think tanks like the Perimeter Institute of Theoretical Physics, and the Centre for International Governance Innovation. Uptown Waterloo is a thriving urban centre with unique shops, stunning flavoursome restaurants and award-winning architecture.

Average Rental Price by Property Size in Waterloo

The average rental price by property size in Waterloo is witnessing slight ups and downs over the past months. The average rental price in Waterloo for a studio apartment has decreased by 2%, around CAD 1,278. Similarly, the rental price for 2 BHK apartments decreased by 2%, around CAD 2,115. Whereas, the average rental price for 1 BHK apartment witnesses a slight hike of 2% in the average rental price. The rental price of 3 BHK and 4 BHK apartments are relatively higher than apartments with different lower configurations and carpet areas. The 3 BHK flats in Waterloo's rental price start at CAD 2,000 and move up to CAD 3,500. Similarly, the rental price of properties with more than 4 BHK states with CAD 3,700 and moves up to CAD 4,500. The rental price is subject to change depending on the market conditions and valuations.

Top Neighbourhood with Best Rentals in Waterloo

The top neighbourhood along with the best rental in Waterloo is mentioned below:

Neighbourhood	Average Rental Price
Milford Avenue	CAD 1,855
ERB Street	CAD 2,430
James Street	CAD 800
King Street North	CAD 705
Lester Street	CAD 500
Bridgeport Road	CAD 1,100
Columbia Street	CAD 730
Westmount	CAD 1,600
Maple Hills	CAD 2,100

Furnished & Un-Furnished Rentals in Waterloo

The real estate market of Waterloo features all types of properties with different configurations, carpet areas and furnishing statuses. Refer to the below-mentioned information to know more about the average furnished and unfurnished rentals in Waterloo.

Furnished

Planning to shift to Waterloo without furniture and not planning to buy them? Waterloo also offers apartments which are fully furnished and ready to move. However, such properties pose a higher rental price compared to unfurnished ones. The average rental price for fully furnished properties ranges from CAD 1,850 for studio apartments to CAD 3,500 and more for properties with different configurations and carpet areas.

Un-Furnished

Waterloo is in close proximity to Toronto and other prime locations in Canada. The city’s real estate market is booming and to facilitate the mass properties in Waterloo feature all types of properties including the Unfurnished ones. An Individual can find an unfurnished flat for rent in Waterloo at the starting rental rate of CAD 1,885 and ranges up to CAD 2,780 and more.

Rental Average Price History in Waterloo

The average rental price by property size in Waterloo is witnessing a slight decrease in the current period. The property rental price was 2% higher in the past compared to the current rental rate. The current average rent for a studio apartment is around CAD 1,278 and for 2 BHK it is around CAD 2,115. The higher variant with different configurations, carpet areas and furnishing status is relatively higher than the base variants such as studio apartments.

Best Areas / Communities for Rental Properties in Waterloo

Check out the below-mentioned localities to know more about the best areas for rental properties in Waterloo:

Laurelwood
Laurier
Beechwood
Westmount
Maple Hills
Westvale
Rummelhardy
Lakeshore Village

Pet-Friendly Rental Homes Options in Waterloo

Waterloo is an awe-inspiring architectural city which welcomes all types of tenants and homebuyers with different budgets and preferences. Talking about preferences, it is salient to get a better understanding of if the property you are planning to rent out is a pet-friendly space or not. However, most of the rental properties in Waterloo are pet friendly and help to stay with your most precious companion hassle-free. It is recommended to do prior research to avoid complications at the moment of your shift.

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Frequently Asked Questions (FAQs)

How much is the average monthly rental in Waterloo?

The average monthly rent in Waterloo is around CAD 3,500. However, the average monthly rent in Waterloo is subject to change depending on market conditions and valuations.

What is the average rent for a 2 and 3-bedroom house in Waterloo?

The average rent for a 2 and 3-BHK house in Waterloo is about CAD 2,700. However, the average renting price is subject to change depending on the market valuation and condition.

What is the average space of a rental house in Waterloo?

The average space of a rental house in Waterloo is about 600-700 sq. ft. However, the average space of a rental house in Waterloo is subject to change depending on the availability of the rental units.

Is rental listing in Square Yards brokerage free in Waterloo?

Yes, the rental listing in Square Yards is brokerage-free. For further queries, visit the official website of Square Yards.

How frequently can a landlord raise the rent in Waterloo?

According to the official documentation, the maximum surge in rent made by landlords is about 1.2% (rent control). However, the rent can only be increased once a year and the landlord must provide the tenant a written notice 90 days prior to the day of effect.

Can I rent a property for 1 year in Waterloo?

Yes, it is possible to rent a property for a year in Waterloo. For further detail on rental properties in Waterloo, visit the official website of Square Yards.

How much does a condo rent cost in Waterloo?

The average rental cost of a condo in Waterloo is about CAD 2,500. However, the rental cost is subject to change depending on the market conditions and valuations.

14 Photos

This Beautiful 3+1-Bedroom, 3 Full Bathroom, 2 Car Garage Home Is Located In Desirable Kitchener, Ontario. Inside You'll Find A Large Living Room With A Cozy Fireplace, A Formal Dining Room, And A Stunning Kitchen With Island And Modern Appliances. Including On This Level Is A Bedroom, Laundry Room, Office And A Full 4-Piece Bathroom For Your Convenience. Upstairs, The Bedrooms Are Roomy And Inviting. The Master Bedroom Features An Ensuite Bathroom And Walk-In Closet And Bedroom Three Offers A Separate Balcony For Your Morning Coffee. The Lower Level Is Fully Finished And Includes An In-Law Suite With Laundry And A Separate Entrance. Outside, The Deep Fenced Yard Offers Plenty Of Space For Outdoor Recreation And Entertaining Family And Friends With A Shed For Storage. This Home Offers A Convenient Location, Great Amenities

$3450.0

3 Beds
3 Baths

A-238 Woodhaven Rd

MLS® X6067744

30 Photos

This Hespeler Bungalows' Upstairs Unit Offers A Total Of 3 Bedrooms, 1 Bathroom, And An Open Kitchen With Easy Access To The 401. Great Opportunity For Renters Or Someone Looking To Have A Flexible Lease Term At A Very Affordable Price. Main Floor Boasts An Open Concept Kitchen, Dinette Area And A Living Room That Offers Tons Of Natural Light. A Short Walk Away From Hespeler Village, Home To Restaurants, Stunning Views Of The Speed River. Attractions Include: The Idea Exchange, The Fashion History Museum, Four Fathers Brewery And The Hespeler Heritage Centre. Take Advantage Of This Central Location With Access To The 401 Less Than 10 Minutes Away. Laundry Is Shared But Is In A Room Separate From The 2 Units.

$2300.0

3 Beds
1 Baths
1100-1500 sq-ft

18 Jardine St W

MLS® X6067444

12 Photos

62 Prince Philip Blvd, Waterloo, Ontario

Never Lived In ,Move In Ready ,Brand New Detached Vacant House In Ayr . Mins To Highway 401 Exit 268 Near Cambridge .Hardwood Floor , 9 Ft Ceiling On Main Floor , Huge Kitchen Fully Upgraded With Quartz Counter Tops , Walkout Sliding Patio Door To Backyard . Primary Bedroom With Attached 5 Pc Ensuite And Walk In Closet . 3Full Washrooms On Second Floor .Laundry On Second Floor . Double Sided Fire Place On Main Floor . Unfinished Basement For Extra Storage Included .

$3200.0

4 Beds
4 Baths

62 Prince Philip Blvd

MLS® X6064564

Property Types Available in Waterloo

If you wish to relocate to Waterloo then scroll through the Waterloo property market for multiple property types. You will find a wide range of properties for rent in Waterloo, including condo apartments, detached, semi-detached, condo townhouses, apartments, flats, residential, freehold, office spaces, and commercial properties for rent in Waterloo.

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12 Photos

This Home Features An Eat-In Kitchen And A Cozy Living Room With 1.5 Washrooms, 3 Bedrooms, Laundry On The Main Floor. No Carpet In The Entire Home. Plus 3 Parking Spaces On The Driveway. Conveniently Located, Close To Main Roads, Shopping Centers, Schools, Parks, Short Walk To Public Transportation. Spacious Basement With Lots Of Storage Area. Tenant To Pay All Utilities And Tenant Liability Insurance.

$1950.0

3 Beds
2 Baths

53 Shade St

MLS® X6063708

12 Photos

Live In Kitchener's Newest Condo Community At Lackner Ridge, Surrounded By All Amenities, Schools, Shopping, Dining, Walking Trails & Greenspace. This Brand New Condo Offers 1 Bedroom Plus Den & 1 Bathroom With Open Concept Living & Dining, Spacious Balcony, Professionally Designed Kitchen With Stainless Steel Appliances, Granite Counters, Oversized Breakfast Bar & Plenty Of Cabinet Storage, Hardwood Floors Throughout.

$2000.0

1 +1 Beds
1 Baths
700-799 sq-ft

Unit-205, 1101 Lackner Pl

MLS® X6063240

Bedroom Types Available in Waterloo

Explore the Waterloo 1 to 5 bedroom condos, apartments, and duplexes. Square Yards Canada offers a plethora of rental options with a broad variety of property sizes. You can choose from 1 bedroom, 2 bed apartment, 3 bedroom house, 4 bedroom, and 5 bedroom house for rent in Waterloo.

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13 Photos

Welcome To 225 Histand Trail. Brand New Four Bedroom And 3-Bathroom End Unit Like A Semidetached. Never Occupied. Close To 1850 Sft. Very Spacious Home. Mattamy Built Fabulous Home. Located In The Highly Sought-After Trussler Community Of Kitchener. Stainless Steel Kitchen Appliances. Granite Count Top. Main Level Open Concept, Separate Dining Area And Kitchen. Large Windows To Get Plenty Of Natural Lights. Laminated Flooring On Main Level. Hardwood Stairs To The Second Level. Spacious Four Bedrooms. Master Has Walk In Closet And Attached Bathroom With Two Sinks. Every Bedroom Has Large Windows For Natural Lights. Laundry On The Second Floor. This Home Is Conveniently Located Near Schools, Highways, Parks, Shopping, And Public Transit. Unfinished Basement For Entertainment. Garage To Home Access. Take This Opportunity To Live In A Brand-New Spacious Home To Enjoy.

$3200.0

4 Beds
3 Baths
1500-2000 sq-ft

225 Histand Tr

MLS® X6062852

1 Photos

Great Opportunity ! Brand New 1505 Sqft Office In The Business District Of Of Cambridge Just A Few Minutes From 401. His Is The Ideal Space For Professional Offices Such As Real Estate, Law, Accounting, Mortgage, Consulting, Employment , Travel, It Specialist, Insurance And Much More! . Across From Cambridge Park Mall, Steps From Transportation And Every Amenity

Price On Request

Unit-G203, 450 Hespeler Rd

MLS® X6062372

Properties By Budget

Looking for a property that meets your needs but finding it difficult? Connect with Square Yards. Here you will get to choose from a variety of property types just as residential, freehold homes for rent under CAD 2000 thousand and 1 bedroom apartments under CAD 10 thousand to rent house under CAD 1 M in Waterloo.

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34 Photos

This Stunning Open-Concept Design Boasts 1585 Sqft Of Living Space, With Three Bedrooms, Three Bathrooms (Including A 3Pc Ensuite In The Primary Bedroom), And A Living Room With A Walk-Out To The Upper Deck Backing On To Green Space. The Townhome Also Features Contemporary Finishes, Quartz Countertops, And Backsplash. Plus, There's An Upper Laundry For Added Convenience. With A Single Garage And Single Parking, You'll Have Room To Park Two Vehicles. This Home Is Situated Just Steps Away From Amenities, While Shopping And Highway Access Are Both Just Minutes Away. Tenant(S) Is Responsible For Water, Electricity, Heat And Gas. This Amazing Townhome Is Available Immediately!

$3000.0

3 Beds
3 Baths

Unit-56, 10 Birmingham Dr

MLS® X6061444

1 Photos

Welcome To The Perfect 2 Story Family Home That Is Close To Shopping, Schools, Parks, Trails, And Easy Access To The Highway! This 4 Bedroom, 3 Bathroom Upper Unit Near Williamsburg Has A Huge Eat In Kitchen, A Dining Room, And A Large Living Room With Lots Of Natural Light That Walks Out Onto A Deck With A Great View Of The Area. Upstairs You Will Find A Cozy Den, 4 Pcs Main Bathroom, 3 Generous Sized Bedrooms, Plus A Huge Primary Bedroom That Has A Walk In Closet And 4Pcs Ensuite Bathroom. Outside There Is A Shared Backyard With Plenty Of Space To Kickback And Relax. Don't Miss Out On Moving Into This Amazing Neighbourhood!

$3600.0

4 Beds
3 Baths
2000-2500 sq-ft

339 Gravel Ridge Tr

MLS® X6060808

9 Photos

Brand New At Young Condos, Kitchener! Fully Furnished 1 Bedroom. Perfectly Located In Kitchener's Downtown Core, You Are Steps Away From Lrt, City Hall, Google And Kw's Tech Hub, From Shopping, Restaurants And Victoria Park. Spacious Open Concept Layout, Large Balcony.

$2100.0

1 Beds
1 Baths
600-699 sq-ft

Unit-2105, 55 Duke St W

MLS® X6059092