Apartment for rent

Updated 5+ Days Ago

58 Albert St #5
58 Albert St #5, Waterloo, ON N2L 3S2, CAN

Monthly rent	$1,500
Beds	1
Baths	1
Sqft	750

Monthly rent	$1,500
Beds	1
Baths	1
Sqft	750

Updated 5+ Days Ago

Location

58 Albert St #5, Waterloo, ON N2L 3S2, CAN|Downtown Waterloo

Tour 58 Albert St #5

Contact

My Girl Friday Management Inc.

(519) 503-8741

Amenities for 58 Albert St #5, Downtown Waterloo

Apartment Amenities

Carpet

Hardwood Floor

Building

Onsite Laundry

Grounds

Assigned Parking

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 58 Albert St #5

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Apartments in Waterloo

Downtown Waterloo

58 Albert St #5, Waterloo, ON N2L 3S2, CAN

Sweet deal!

This listing is 24% below the median price for 1 bedroom apartments in Downtown Waterloo.

Unit 5-58 Albert Street is an absolute GEM of a 1 bedroom apartment! Its located next door to Waterloo Park, it's a 3min walk to the LRT and Uptown Waterloo. You cannot get a more perfect location. This building is not a student building. This building is very quiet and is comprised of single occupant tenants. It is a safe building with a positive living environment and its very important to us that we keep it that way. The unit itself is carpet free, has some original maple hardwood, a charming original kitchen, large windows throughout to let in loads of natural light. It's a clean, bright, cheerful space! There is 1 parking space included with the rent. Water is included in the rent. Electricity is the tenant's responsibility. Heat is electric. There is shared coin op laundry in the basement. This is a non-smoking building – no exceptions. Please reply to this ad if you are interested. We'll reply with a showing schedule as well as information about how to apply. You will sign up for a showing and if afterwards you wish to apply we'll walk you through the process to make it easy, seamless, and stress-free (we hope! Lol). Looking forward to meeting you soon! Its located next door to Waterloo Park, it's a 3min walk to the LRT and Uptown Waterloo. You cannot get a more perfect location. This building is not a student building. This building is very quiet and is comprised of single occupant tenants. It is a safe building with a positive living environment and its very important to us that we keep it that way. The unit itself is carpet free, has some original maple hardwood, a charming original kitchen, large windows throughout to let in loads of natural light. It's a clean, bright, cheerful space! There is 1 parking space included with the rent. Water is included in the rent. Electricity is the tenant's responsibility. Heat is electric. There is shared coin op laundry in the basement. This is a non-smoking building – no exceptions.

Address details

Neighborhood	Downtown Waterloo
Post code	N2L 3S2
Type	Apartment for rent

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Rent trends in Downtown Waterloo

1-bedroom apartments at 58 Albert St #5 cost about 24% less than the average rent price for 1-bedroom apartments in Waterloo.

Median rents as of Aug 1 2026.

Downtown Waterloo

Waterloo

A table of 1-bedroom apartment rental data trends in Waterloo
Month	Median Rent
August 2024	$2,129
September 2024	$2,127
October 2024	$2,060
November 2024	$1,940
December 2024	$1,871
January 2025	$1,902
February 2025	$1,941
March 2025	$1,890
April 2025	$1,904
May 2025	$1,944
June 2025	$2,002
July 2025	$2,014
August 2025	$1,841
September 2025	$1,831
October 2025	$1,808
November 2025	$1,713
December 2025	$1,739
January 2026	$1,772
February 2026	$1,770
March 2026	$1,880
April 2026	$1,896
May 2026	$1,890
June 2026	$1,915
July 2026	$1,911
August 2026	$1,849

A table of 1-bedroom apartment rental data trends in Downtown Waterloo
Month	Median Rent
August 2024	$2,198
September 2024	$2,198
October 2024	$2,200
November 2024	$1,974
December 2024	$1,933
January 2025	$2,021
February 2025	$2,022
March 2025	$1,888
April 2025	$2,032
May 2025	$2,070
June 2025	$2,106
July 2025	$2,124
August 2025	$1,913
September 2025	$1,919
October 2025	$2,060
November 2025	$1,881
December 2025	$1,823
January 2026	$1,831
February 2026	$1,914
March 2026	$2,047
April 2026	$2,106
May 2026	$2,023
June 2026	$1,974
July 2026	$1,978
August 2026	$1,972

Affordability calculator

Can I afford to live at 58 Albert St #5?

Bedrooms

1 bedroom

Rent-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

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.

For more information on rent affordability, visit our rent calculator.

Check availability

Rent history

Check out the past listing prices for monthly rent at 58 Albert St, Waterloo, ON.
			Bath
Last month	$1,500	1 bed	1 bath
11 months ago	$1,500	1 bed	1 bath
11 months ago	$1,500	1 bed	1 bath
2 years ago	$1,595	1 bed	1 bath
2 years ago	$1,595	1 bed	1 bath

Internet available near 58 Albert St #5

Getting around Waterloo near 58 Albert St #5

Walking

8/10

No car? No problem. Everything you need is within a few blocks.

Driving

7/10

This area is close to freeways and has adequate parking options.

Cycling

8/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10

Popular public transit options are just a short walk from this location.

Points of interest for 58 Albert St #5, Waterloo

Groceries

9/10

At least one supermarket within a 10-minute walk

Shopping

7/10

Several shops within a few minutes’ walk

Cafes

5/10

Some cafés within a few minutes’ walk

Restaurants

7/10

Variety of restaurants within a few minutes' walk

Primary schools

9/10

At least one elementary school within a 5-minute walk

High schools

9/10

At least one high school within a 5-minute walk

Parks

9/10

Very large amount of park space within a few minutes' walk

Nightlife

4/10

Some bars within a few minutes’ walk

Other units at this address

58 Albert St, Waterloo, ON N2L 3S2, CAN

58 Albert St Waterloo, ON

Occupied

1

1 Bed

1 Bath

– sqft

$1,500

Assigned Parking • Carpet • Hardwood Floor • On-Site Laundry

Listed by My Girl Friday Management Inc.

Days on market: 331

Welcome to 58 Albert Street, a charming 6-plex apartment located in the heart of Waterloo. This prime location puts you right next to Waterloo Park, where you can enjoy community events, stroll around the lake, and catch a movie under the stars in the summer. You're also just a stone's throw from Waterloo Town Square and the LRT, making it easy to get around the city. Plus, the University of Waterloo and Wilfred Laurier University are just a short 5-minute walk away, making this apartment perfect for students or professionals. Inside, you'll find a cozy 1-bedroom, 1-bathroom layout with beautiful hardwood floors and faux wood vinyl floors throughout. Large windows let in plenty of natural light, and the charming kitchen features an original design with ample cupboard and counter space. Recent updates include a new backsplash and countertop, adding a touch of modern style to this classic space. With its unbeatable location and charming features, this apartment is the perfect blend of convenience and comfort. Enjoy the best of Uptown Waterloo's nightlife, dining, and shopping options right at your doorstep. A one year lease is required. Water is included. Electricity is additional. Heat is electric however previous tenants say the bills have been easily manageable. There is a water softener in the building. The building is quiet, professional, and mature. There are 5 steps leading down to the apartment. Please reach out to us through this ad to arrange a showing at your earliest convenience. Its located next door to Waterloo Park, it's a 3min walk to the LRT and Uptown Waterloo. You cannot get a more perfect location. This building is not a student building. This building is very quiet and is comprised of single occupant tenants. It is a safe building with a positive living environment and its very important to us that we keep it that way. The unit itself is carpet free, has some original maple hardwood, a charming original kitchen, large windows throughout to let in loads of natural light. It's a clean, bright, cheerful space! There is 1 parking space included with the rent. Water is included in the rent. Electricity is the tenant's responsibility. Heat is electric. There is shared coin op laundry in the basement. This is a non-smoking building – no exceptions.