1 Day Ago
Highlights
New Construction
Pet Friendly
Location
20 University Ave E, Waterloo, ON N2J 2V7, CAN|Downtown Waterloo
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Property Overview
20 University Ave is a highly rated rental option, with a standout overall score of 9/10 driven by exceptional value, top-tier amenities, and a convenient location. Residents benefit from strong environmental sustainability features like nearby public transit, walkability, and on-site recycling or composting, as well as work-from-home advantages including a quiet setting, high-speed internet, and utilities included. Its solid quality and trustworthiness ratings further indicate a well-managed, transparent property experience.
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.
Great for
Work-from-home
Eco living
Floor plans
| 1+Flex | 1 bed | 1 bath | $2,150 /mo | 1 unit available |
Let's explore this property.
Amenities for 20 University Ave
Apartment Amenities
| Furnished | Heat |
| Hot Water | Trash Included |
Tech
| Utilities: Broadband Internet |
Building
| Bicycle Room | Cats OK |
| Dogs OK | Elevator |
| No Smoking Allowed | Onsite Laundry |
| Wheelchair Accessible |
Services
| 24/7 Emergency Service |
Neighborhood
| Convenience Store | Public 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
Parking Policy
Covered Lot
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
| Year built | 2025 |
|---|---|
| Lease terms | 12 months |
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About 20 University Ave
Managed by 20 University Ave
*Up to 4 Months Free Rent + Exclusive Signing Bonus: Lock in your unit early. Choose your space. Secure your rate for 2026. Discover a new residential community in Waterloo, ON—built for work, life, and balance. Reserve your spot today! 20 University is designed for those who demand more from where they live. With oversized floorplans, refined finishes, and a flex space in every suite, this residence is built to adapt to you. Whether you're pursuing your next chapter, crafting your ideal routine, or simply craving more room to breathe, 20 University makes space for your lifestyle. *Up to 4 months free rent + signing bonus. Terms and conditions apply-contact for details.
Year Built: 2025
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.
9.0
/10
Excellent20 University Ave is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
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.
20 University Ave 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.
20 University Ave 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, 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.
20 University Ave 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 20 University Ave to provide reasonable accomodations and accurate details about its community.
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.
20 University Ave is great for:
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Rent trends in Downtown Waterloo
1-bedroom apartments at 20 University Ave cost about 2% more than the average rent price for 1-bedroom apartments in Downtown Waterloo.
Median rents as of Apr 11 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| 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 |
| December 2025 | $795 |
| January 2026 | $920 |
| February 2026 | $795 |
| March 2026 | $795 |
| April 2026 | $795 |
| Month | Median Rent |
|---|---|
| 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 | $1,428 |
| December 2025 | $1,418 |
| January 2026 | $1,245 |
| February 2026 | $795 |
Affordability calculator
Can I afford to live at 20 University Ave E?
Bedrooms
1 bedroomRent-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
$86,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $86,000 annually to afford this 1-bedroom monthly rent price of $2,150.
For more information on rent affordability, visit our rent calculator.
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Internet available near 20 University Ave
Getting around Waterloo near 20 University Ave E
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
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 20 University Ave E, Waterloo
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
7/10
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
10/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Some bars within a few minutes’ walk
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