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Early Bird! Now Renting September 2026 Early Bird! Now Renting September 2026 Email domusrent@gmail.com for more details!

modified
5+ Days Ago

Highlights

  • Rent Special

Location

116 University Avenue West, Waterloo, Ontario N2L 3E2, Canada|Downtown Waterloo
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Contact

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Management

Domus Inc.

Leasing office

(226) 895-0340

Property Overview

LEED on University is highly rated with a Zumper expert rating of 8.8/10, reflecting its strong appeal to renters. The property excels in pricing and amenities, achieving perfect scores of 10/10, while also offering a prime location rated at 9/10 for convenience. Additionally, its trustworthiness score of 8/10 underscores the transparency in its descriptions, highlighting features like included utilities, a quiet atmosphere, and high-speed internet, making it conducive for remote work.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” 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, LEED on University is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, LEED on University has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Great for

  • Work-from-home

Floor plans

LEED Suite 24 bed2 bath$975 /mo1 unit available
LEED Suite 34 bed2 bath$975 /mo1 unit available
LEED Suite 15 bed2 bath$975 /mo1 unit available

Let's explore this property.

Amenities for LEED on University

Apartment Amenities

FurnishedFurnished Suite
Vinyl Plank FloorsWater

Appliances

DishwasherDishwasher Available
FridgeMicrowave
Stove

Tech

Internet IncludedUtilities: Broadband Internet

Building

No Smoking AllowedOnsite Laundry

Neighborhood

Convenience StorePublic Transit
Schools 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

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About LEED on University

Managed by Domus Inc.
HomeApartments in WaterlooDowntown Waterloo LEED on University

4 & 5-Bedroom Units at 116 University Ave W – Steps from the University of Waterloo Find your perfect student home at 116 University Ave W, just down the street from the University of Waterloo. These modern, 4-bedroom units offer spacious living with eco-friendly LEED-certified design. - Prime location close to campus - Surrounded by amazing food spots - Bright, open living spaces with on-site laundry Live sustainably while enjoying the best of student life. Book a viewing today to secure your spot in this sought-after student housing!


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, LEED on University is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, LEED on University 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 LEED on University
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.
LEED on University 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.
LEED on University 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—furnished rental—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.
LEED on University 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 LEED on University 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.

LEED on University is great for:

Work-from-home

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

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Rent trends in Downtown Waterloo

Median rents as of Nov 22 2025.
Downtown Waterloo
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
December 2023$1,303
January 2024$900
February 2024$875
March 2024$895
April 2024$895
May 2024$895
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
A table of studio rental data trends in Downtown Waterloo
MonthMedian Rent
February 2024$875
March 2024$895
April 2024$895
May 2024$895
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$1,436

Affordability calculator

Can I afford to live at 116 University Avenue West?

Bedrooms

4+ 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

$39,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,000 annually to afford this 4-bedrooms median monthly rent price of $975.
For more information on rent affordability, visit our rent calculator.
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Internet available near LEED on University

Getting around Waterloo near 116 University Avenue West

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 116 University Avenue West, Waterloo

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

3/10
Some bars within walking distance

Explore the area around 116 University Avenue West

India Food & Grocery
275 Larch St
Sobeys
94 Bridgeport Rd
Macro Foods
95 King St S
BulkBarn
66 Bridgeport Rd E
Walmart Supercentre
70 Bridgeport Rd E

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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by LEED on University.