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modified
9 Hours Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

Port Elgin #780 & 794 Waterloo Street, ON N0H 2C2, CAN
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Contact

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Management

Skyline

Leasing office

(226) 840-5079

Property Overview

Somerset Place Apartments delivers strong overall value with an expert rating of 8.8/10, driven by a perfect 10/10 for both price and amenities, indicating exceptional value per square foot and a high standard of living. Its 9/10 location score reflects convenient access to key destinations, while an 8/10 trustworthiness rating highlights transparent, detailed property information that helps renters understand what to expect.

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, Somerset Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Somerset Place Apartments 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

  • More space

Great for

  • Pet owners
  • Work-from-home
  • Eco living

Floor plans

1 Bedroom1 bed1 bath654 sqft$1,565 /mo1 unit available
2 Bedroom2 bed1 bath784 sqft$1,770 /mo1 unit available
3 Bedroom3 bed1 bath941 sqft$1,960 /mo1 unit available

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Amenities for Somerset Place Apartments

Apartment Amenities

Central HeatHeat
Hot Water

Appliances

FridgeIndividual Thermostats
Stove

Building

Cats OKControlled Entry
Dogs OKNo Smoking Allowed
Onsite LaundryResidents Lounge
Social RoomVideo Surveillance

Grounds

Outdoor ParkingOutdoor Space
Picnic Area

Services

24/7 Emergency ServiceOn-Site Management

Other

Small Pet Friendly
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

Parking Policy

Surface Lot

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About Somerset Place Apartments

Managed by Skyline
Home Somerset Place Apartments

Welcome to Somerset Place Apartments, a charming community nestled in Port Elgin, Ontario Our spacious 1, 2, and 3 bedroom rental apartments offer open-concept layouts and modern finishes, providing a comfortable living experience in a beachside town. This pet-friendly building is smoke-free and offers residents convenient amenities including a social room, on-site staff, shared laundry facilities, as well as outdoor parking. Located close to shopping, dining, and parks, as well as the beautiful Saugeen Rail Trail, a year-round trail connecting Port Elgin and Southhampton, living at Somerset Place Apartments combines tranquility with accessibility. Within a few minutes you can be at the Port Elgin Main Beach, the charming downtown core, the Port Elgin Harbour, or a number of premium golf courses nearby. Discover serene and easy living made possible at Somerset Place Apartments.


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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, Somerset Place Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Somerset Place Apartments 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 Somerset Place Apartments
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.
Somerset Place Apartments 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.
Somerset Place Apartments 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.
Somerset Place Apartments 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 Somerset Place Apartments 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.

Somerset Place Apartments is great for:

Pet owners

  • Outdoor spaces are available at this property

Work-from-home

  • Common areas for meetings or remote work
  • Quiet environment with little noise pollution
  • Utilities included in the rent

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • Thermostats

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 Somerset Place Apartments compares to other nearby properties.

Positives

More space
The 2-bedroom is 783 sqft larger than other listings nearby

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Rent trends in Port Elgin

If you decide to upgrade your space, you can expect 2-bedrooms at Somerset Place Apartments to be 4% more than the average for similarly sized apartments in Port Elgin.

3-bedroom apartments at Somerset Place Apartments cost about 31% less than the average rent price for 3-bedroom apartments in Port Elgin.

Median rents as of Jun 28 2025.
Port Elgin
A table of 2-bedroom apartment rental data trends in Port Elgin
MonthMedian Rent
August 2024$1,859
September 2024$1,828
October 2024$1,903
November 2024$1,775
May 2025$1,730
June 2025$1,716

Affordability calculator

Can I afford to live at Port Elgin #780 & 794 Waterloo Street?

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

$62,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $62,600 annually to afford this 1-bedroom monthly rent price of $1,565.
For more information on rent affordability, visit our rent calculator.
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Internet available near Somerset Place Apartments

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around ON N0H 2C2 near Port Elgin #780 & 794 Waterloo Street

Walking

3/10
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.

Points of interest for Port Elgin #780 & 794 Waterloo Street, ON N0H 2C2

Groceries

1/10
No grocery stores within walking distance

Shopping

3/10
Some shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

3/10
Few or no restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 30-minute walk

High schools

1/10
No high schools within a 30-minute walk

Nightlife

2/10
Few or no bars within walking distance

Explore the area around Port Elgin #780 & 794 Waterloo Street

Food Basics
1110 Goderich St
BulkBarn
1199 Goderich St
Rowland's Your Independent Grocer
1244 Goderich St
Walmart Supercentre
5122 Highway 21
Foodland
41 Turner St

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