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OFFER:

ONE MONTH RENT FREE with a 13-month Lease Receive your ONE MONTH RENT FREE! This limited time offer is available for new applications on select suites with a 13 month lease term. Contact our leasing agent for further details!

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Highlights

  • Rent Special
  • Pet Friendly

Location

605 Davenport Rd, Waterloo, ON N2L 6H8, CAN|Colonial Acres
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Contact

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Management

Briarlane Rental Property Management Inc

Leasing office

(226) 894-7471

Property Overview

605 Davenport Road offers exceptional value and quality, with a top-tier overall expert rating, perfect scores for price and amenities, and a near-perfect location rating that highlights its convenience to transit and daily essentials. It stands out as a strong option for environmentally conscious renters and remote workers, with features like walkability, nearby public transit, on-site recycling or composting, quiet surroundings, utilities included, and high-speed internet, all supported by a solid trustworthiness rating.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, 605 Davenport Road is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 605 Davenport Road has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Laundry available on site
  • Walk-in closet

Great for

  • Work-from-home
  • Eco living

Floor plans

1 bedroom, 1 bathroom1 bed1 bath$1,497 /mo1 unit available
1 bedroom, 1 bathroom1 bed1 bath$1,497 /mo1 unit available
1 bedroom, 1 bathroom1 bed1 bath$1,497 /mo

Let's explore this property.

Amenities for 605 Davenport Road

Apartment Amenities

CarpetCentral Heat
Trash IncludedUtilities/Sewer
ViewWalk-in Closet
Water

Appliances

FridgeIndividual Thermostats
Stove

Tech

Internet Ready

Building

Cats OKDogs OK
ElevatorEV Charging
Laundry Room on Each FloorNo Smoking Allowed
Onsite Laundry

Grounds

Green Space

Services

24/7 Emergency ServiceOn-Site Management

Neighborhood

Convenience StorePublic Transit
Shopping 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

Security Deposit

One-time. Refundable.

Contact Property

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Surface Lot

Surface Lot

Parking Fee

Monthly. 2 surface lots max. Unassigned parking.

$75

Questions about this property’s policies and fees?

Building details

Property details

Year built1965
Lease terms12 months
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About 605 Davenport Road

Managed by Briarlane Rental Property Management Inc
HomeApartments in WaterlooColonial Acres 605 Davenport Road

Welcome to 605 Davenport Road – Your New Home Awaits! Discover your perfect living space at 605 Davenport Road, ideally situated in the desirable Waterloo North East area. Our professional leasing team is dedicated to helping you find the ideal apartment that fits your lifestyle and needs. With a welcoming community atmosphere and convenient access to local amenities, 605 Davenport Road offers a fantastic place to call home. Whether you’re looking for shopping, dining, or outdoor activities, everything you need is just moments away. Contact us or stop by today to explore your new home at 605 Davenport Road!


Year Built: 1965

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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 605 Davenport Road is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 605 Davenport Road has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 605 Davenport Road
Price·10A 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.
605 Davenport Road offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
605 Davenport Road 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.
605 Davenport Road 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 605 Davenport Road 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.

605 Davenport Road is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • Quiet environment with little noise pollution

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • Thermostats
  • On-site recycling or composting options

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 605 Davenport Road compares to other nearby properties.

Positives

Laundry available on site
Washers and dryers are available in-building or in-unit
Walk-in closet
More closet space on average

Considerations

Fewer storage options
Limited cabinet or closet space
Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available
No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Colonial Acres

1-bedroom apartments here are priced 21% lower than 1-bedrooms in Colonial Acres.

Median rents as of May 9 2026.
Colonial Acres
Waterloo
A table of 1-bedroom apartment rental data trends in Waterloo
MonthMedian Rent
May 2024$2,065
June 2024$2,058
July 2024$2,091
August 2024$2,137
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$1,916
A table of 1-bedroom apartment rental data trends in Colonial Acres
MonthMedian Rent
April 2025$1,500
May 2025$1,499
June 2025$1,499
July 2025$1,499
August 2025$1,499
September 2025$1,497
October 2025$1,498
November 2025$1,497
December 2025$1,497
January 2026$1,497
February 2026$1,497
March 2026$1,497
May 2026$1,694

Affordability calculator

Can I afford to live at 605 Davenport Rd?

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

$59,880/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,880 annually to afford this 1-bedroom median monthly rent price of $1,497.
For more information on rent affordability, visit our rent calculator.
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Internet available near 605 Davenport Road

Getting around Waterloo near 605 Davenport Rd

Walking

6/10
Some shops and stores are within a few minutes.

Driving

10/10
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

6/10
Frequent public transit options are within walking distance.

Points of interest for 605 Davenport Rd, Waterloo

Groceries

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

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

3/10
No high schools within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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