5+ Days Ago
Location
487 Laurel Gate Dr, Waterloo, ON N2T 2R9, CAN|Laurelwood
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Amenities for 487 Laurel Gate Dr, Laurelwood
Features
| Central Air | Fireplace |
| High Ceilings | Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Fitness Center | Onsite Laundry |
Grounds
| Storage | Three Parking Spaces |
Other
| None (Cooling) | Roof Type: Asphalt |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 487 Laurel Gate Dr
Property Status: Active Beautiful well maintained freehold end-unit townhouse for rent, located at one of the most desirable neighbourhood - Laurelwood. Great high ceiling main floor living room completes with a gas fireplace and many windows, illuminated by natural light. Second floor completes with a great size primary bedroom with 4-pic ensuite, two large bedrooms and a second bathroom, second floor laundry. The finished walk-out basement has a great size office, a guest bedroom and a 3-pic bathroom. The basement with a huge storage space. The property backs on greenbelt with peaceful views and privacy. Steps to library, community centre, gym, shopping plaza, public transit, University of Waterloo, St. Laurelwoold Public School, Nicholas Catholic School, Laurel Heights Secondary School. Office Phone: (519) 800-0080 Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Address details
| Neighborhood | Laurelwood |
|---|---|
| Post code | N2T 2R9 |
| Type | House for rent |
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Rent trends in Laurelwood
Median rents as of Mar 14 2026.
Laurelwood
Waterloo
| Month | Median Rent |
|---|---|
| March 2024 | $2,350 |
| April 2024 | $2,350 |
| May 2024 | $2,343 |
| June 2024 | $2,308 |
| July 2024 | $2,316 |
| August 2024 | $2,322 |
| September 2024 | $2,351 |
| October 2024 | $2,392 |
| November 2024 | $2,307 |
| December 2024 | $2,259 |
| January 2025 | $2,212 |
| February 2025 | $2,298 |
| March 2025 | $2,276 |
| April 2025 | $2,237 |
| May 2025 | $2,261 |
| June 2025 | $2,285 |
| July 2025 | $2,278 |
| August 2025 | $2,172 |
| September 2025 | $2,062 |
| October 2025 | $2,037 |
| November 2025 | $2,024 |
| December 2025 | $2,033 |
| January 2026 | $2,014 |
| February 2026 | $2,019 |
| March 2026 | $2,015 |
| Month | Median Rent |
|---|---|
| February 2025 | $2,925 |
| March 2025 | $2,925 |
Affordability calculator
Can I afford to live at 487 Laurel Gate Dr?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$118,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $118,000 annually to afford this 4-bedrooms monthly rent price of $2,950.
For more information on rent affordability, visit our rent calculator.
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Internet available near 487 Laurel Gate Dr
Neighborhood
Laurelwood | Waterloo, ON
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waterloo near 487 Laurel Gate Dr
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 487 Laurel Gate Dr, Waterloo
Groceries
5/10
At least one supermarket within a 20-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
3/10
At least one high school within a 30-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
1/10
Few or no bars within walking distance
Explore the area around 487 Laurel Gate Dr
Sobeys
450 Columbia St W
Food Basics
600 Laurelwood Dr
Zehrs
450 Erb St W
Costco Wholesale
930 Erb St W
Dutchie's Fresh Market
663 Erb St W
Newtex Limited
450 Columbia W
Memee's Fashions D
619 Wild Ginger Ave
Mark's
662 Erb St W
Costco Wholesale
930 Erb St W
Swift Stitch Tailor & Dry CLNR
50 Westmount Rd N
Starbucks
450 Columbia St W
Booster Juice
200 University Ave W
Starbucks
200 University Ave W
Tim Hortons
200 University Ave W
Tim Hortons
151 Columbia St W
Molly Bloom's Irish Pub
170 University Ave W
Williams Fresh Cafe
170 University Ave W
Thirsty's Bar & Grill
465 Phillip St
Milestones
410 the Boardwalk
Pin Up Arcade Bar
247 King St N
St Cinnamon Bakery Cafe
170 University Ave W
Brady's Meat & Deli
465 Phillip St
Goodness Me! Natural Food Market
668 Erb St W
Popeye's Supplements
158 University Ave W
Just Love Pie
33 Erb St W
Laurelwood Park
Old Oak Park
Cavendish Park
Hollyview Park
Basswood Park
Domino's
450 Columbia St W
Starbucks
450 Columbia St W
Subway
450 Columbia St W
Subworx
450 Columbia St W
Wokwagon Express
450 Columbia St W
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