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OFFER:

SPRING SAVINGS: 1 Month Free on a 13-Month Lease Get 1 month free on a 13-month lease when you sign a new lease before June 30, 2026. Terms and conditions apply; ask a Leasing Agent for more information.

modified
5+ Days Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

23-29 Barrel Yards Blvd, Waterloo, ON N2L 0C5, CAN|Downtown Waterloo
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Contact

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Management

The Barrel Yards

Leasing office

(226) 887-8091

Property Overview

The Onyx earns a strong overall impression with a high expert rating, excellent value, standout amenities, and a highly convenient location. It also offers a transparent listing, plenty of photos, and features that support remote work, including utilities included, common meeting areas, and high-speed internet.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.5
Very Good
With a solid 8.5 out of 10 overall, The Onyx is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Onyx has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available
  • Pet friendly

Great for

  • Work-from-home

Floor plans

1 Bedroom + Den1 bed1 bath862 sqft$2,099 /mo1 unit available
1 Bedroom + Den1 bed1 bath920 sqft$2,125 /mo1 unit available
1 Bedroom + Den1 bed1 bath905 sqft$2,149 /mo1 unit available
1 Bedroom + Den1 bed1 bath905 sqft$2,159 /mo1 unit available
1 Bedroom + Den1 bed1 bath862 sqft$2,180 /mo1 unit available
1 Bedroom + Den1 bed1 bath836 sqft$2,225 /mo1 unit available
1 Bedroom + Den1 bed1 bath851 sqft$2,225 /mo1 unit available
1 Bedroom + Den1 bed1 bath954 sqft$2,349 /mo1 unit available
2 Bedroom + Den2 bed2 bath1,102 sqft$2,999 /mo1 unit available

Let's explore this property.

Amenities for The Onyx

Apartment Amenities

Air ConditioningBalcony
Central Air ConditioningCentral Heat
HeatHeat Included

Appliances

DishwasherDishwasher Available
FridgeIn-Unit Laundry
Individual ThermostatsMicrowave
StoveWasher In-Suite

Tech

Internet Ready

Building

Bicycle RoomCats OK
Controlled AccessDogs OK
ElevatorEV Charging
Fitness CenterLibrary
Movie TheatreNo Smoking Allowed
Onsite LaundryResidents Lounge
Safe Bike StorageSauna
Social RoomWheelchair Accessible

Grounds

Assigned ParkingBilliards Lounge
Exercise RoomGarage Parking
Hot TubPool Access
Smoke Free CommunityStorage
Swimming Pool

Services

On-Site ManagementSecurity Onsite

Neighborhood

Public TransitShopping Nearby
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.

Contact Property

REQUIRED FEES

Deposit

One-time.

$2,099–$2,999

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Covered Lot

Garage Lot

Other

Surface Lot

Covered Lot

Parking Fee

Monthly. 2 covered lots max.

Contact Property

Garage Lot

Parking Fee

Monthly. 2 garage lots max.

Contact Property

Other

Parking Fee

Monthly. 2 others max.

Contact Property

Surface Lot

Parking Fee

Monthly. 2 surface lots max.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About The Onyx

Managed by The Barrel Yards
HomeApartments in WaterlooDowntown Waterloo The Onyx

The Onyx defines the urban lifestyle with it's intimate array of layouts from one bedrooms to two bedrooms plus dens.


Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very Good
With a solid 8.5 out of 10 overall, The Onyx is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Onyx has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated The Onyx
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Onyx stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
The Onyx stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Onyx is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Onyx does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

The Onyx is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • Common areas for meetings or remote work

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How The Onyx compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

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Rent trends in Downtown Waterloo

1-bedroom apartments here are priced 12% higher than 1-bedrooms in Downtown Waterloo.

If you decide to upgrade your space, you can expect 2-bedrooms at The Onyx to be 50% more than the average for similarly sized apartments in Downtown Waterloo.

Median rents as of Jun 6 2026.
Downtown Waterloo
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
June 2024$895
July 2024$895
August 2024$895
September 2024$895
October 2024$895
November 2024$895
December 2024$895
January 2025$895
February 2025$895
March 2025$895
April 2025$895
May 2025$825
June 2025$795
July 2025$795
August 2025$788
September 2025$795
October 2025$795
November 2025$795
December 2025$795
January 2026$920
February 2026$795
March 2026$795
April 2026$795
May 2026$786
June 2026$773
A table of studio rental data trends in Downtown Waterloo
MonthMedian Rent
June 2024$895
July 2024$895
August 2024$895
September 2024$870
October 2024$882
November 2024$895
December 2024$895
January 2025$895
February 2025$895
March 2025$875
April 2025$795
May 2025$795
June 2025$795
July 2025$768
August 2025$1,027
September 2025$795
October 2025$1,173
November 2025$1,428
December 2025$1,418
January 2026$1,245
February 2026$795
May 2026$750
June 2026$750

Affordability calculator

Can I afford to live at 23-29 Barrel Yards Blvd?

Bedrooms

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

$85,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $85,960 annually to afford this 1-bedroom median monthly rent price of $2,149.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Onyx

Getting around Waterloo near 23-29 Barrel Yards Blvd

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

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

5/10
Frequent public transit options are within walking distance.

Points of interest for 23-29 Barrel Yards Blvd, Waterloo

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 23-29 Barrel Yards Blvd

Macro Foods
95 King St S
Vincenzo's
150 Caroline St S
BulkBarn
66 Bridgeport Rd E
Sobeys
94 Bridgeport Rd
Walmart Supercentre
70 Bridgeport Rd E

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