OFFER:
New Apartment Rentals in Waterloo
Updated 5+ Days Ago
Highlights
Rent Special
Location
458 Tamarack Dr, Waterloo, ON N2L None, CAN|Lakeshore
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Property Overview
Tamarack Drive | Flex Rentals earns a strong overall rating, with especially high marks for amenities, location, and value for money. It stands out for its excellent balance of price and features, along with a detailed, trustworthy presentation 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.
Things you’ll love
Less expensive- Elevator
- Laundry available on site
Great for
Work-from-home
Floor plans
| Studio A | Studio | 1 bath | 272 sqft | $1,425 /mo | 1 unit available | ||
| Studio B | Studio | 1 bath | 280 sqft | $1,425 /mo | 1 unit available | ||
| Studio E | Studio | 1 bath | 273 sqft | $1,425 /mo | 1 unit available | ||
| 1 Bed + Den A | 1 bed | 1 bath | 468 sqft | $1,995 /mo | 1 unit available | ||
| 1 Bed + Den (Barrier Free) | 1 bed | 1 bath | 510 sqft | $1,995 /mo | 1 unit available | ||
| Shared Studio B | 2 bed | 2 bath | 485 sqft | $995 /mo | 1 unit available | ||
| 2 Bed Type C | 2 bed | 1 bath | 641 sqft | $1,150 /mo | 1 unit available | ||
| 2 Bed Type D | 2 bed | 1 bath | 715 sqft | $1,150 /mo | 1 unit available | ||
| 2 Bed Type A | 2 bed | 2 bath | $1,299 /mo | 1 unit available | |||
| 4 Bed 4 Bath Barrier Free | 4 bed | 4 bath | $975 /mo | 1 unit available |
Let's explore this property.
Amenities for Tamarack Drive | Flex Rentals
Apartment Amenities
| Balcony | Ensuite Bathroom |
| Furnished | Furnished Suite |
| Oversized Balconies | Vinyl Plank Floors |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Microwave | Stove |
| Washer In-Suite |
Tech
| Internet Included |
Building
| Controlled Access | Elevator |
| Fitness Center | Onsite Laundry |
Services
| Parcel Room |
Neighborhood
| 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
Surface Lot
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About Tamarack Drive | Flex Rentals
Managed by Domus Inc.
New Apartment Rentals in Waterloo 1 Month Free on 1 Bed + Den 1 Month free on 1 Bed + Den *Terms and conditions apply. Offer is valid only for new residents signing for September 2026. Promotion applies only to select suites and is subject to availability. Offer can end without notice. Applicant must meet standard screening and approval requirements.
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 GoodWith a solid 8.5 out of 10 overall, Tamarack Drive | Flex Rentals is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Tamarack Drive | Flex Rentals has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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.
Tamarack Drive | Flex Rentals 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.
Tamarack Drive | Flex Rentals 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—in-unit laundry, 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.
Tamarack Drive | Flex Rentals 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 Tamarack Drive | Flex Rentals 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.
Tamarack Drive | Flex Rentals is great for:
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 Tamarack Drive | Flex Rentals compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elevator
- Improved accessibility features
- Laundry available on site
- Washers and dryers are available in-building or in-unit
- Outdoor space
- Easy access to the outdoors
Considerations
- Fewer storage options
- Limited cabinet or closet space
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Rent trends in Lakeshore
Studio apartments at Tamarack Drive | Flex Rentals cost about the same as the average rent price for studios in Lakeshore.
1-bedroom apartments here are priced 18% higher than 1-bedrooms in Lakeshore.
If you decide to upgrade your space, you can expect 2-bedrooms at Tamarack Drive | Flex Rentals to be 40% less than the average for similarly sized apartments in Lakeshore.
Median rents as of Sep 12 2026.
Lakeshore
Waterloo
| Month | Median Rent |
|---|---|
| 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 | $784 |
| July 2026 | $795 |
| August 2026 | $795 |
| September 2026 | $1,116 |
| Month | Median Rent |
|---|---|
| September 2024 | $895 |
| October 2024 | $895 |
| November 2024 | $895 |
| December 2024 | $895 |
| January 2025 | $932 |
| February 2025 | $945 |
| March 2025 | $985 |
| April 2025 | $995 |
| May 2025 | $978 |
| June 2025 | $945 |
| July 2025 | $905 |
| August 2025 | $823 |
| September 2025 | $795 |
| October 2025 | $795 |
| November 2025 | $795 |
| December 2025 | $795 |
| January 2026 | $795 |
| February 2026 | $768 |
| May 2026 | $795 |
| June 2026 | $795 |
| July 2026 | $977 |
| August 2026 | $878 |
| September 2026 | $1,122 |
Affordability calculator
Can I afford to live at 458 Tamarack Dr?
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
$57,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $57,000 annually to afford this studio median monthly rent price of $1,425.
For more information on rent affordability, visit our rent calculator.
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Internet available near Tamarack Drive | Flex Rentals
Neighborhood
Lakeshore | Waterloo, ON
Getting around Waterloo near 458 Tamarack Dr
Walking
6/10
Some shops and stores are within a few minutes.
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
5/10
Frequent public transit options are within walking distance.
Points of interest for 458 Tamarack Dr, Waterloo
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 458 Tamarack Dr
Paul & Mallory's No Frills
24 Forwell Creek Rd
Wholesale Club
24 Forwell Creek Rd
India Food & Grocery
275 Larch St
Zehrs
555 Davenport Rd
Sobeys
640 Parkside Dr
Wholesale Club
24 Forwell Creek Rd
Roots
550 King Street North
Bluenotes
550 King St N
Sirens
550 King St
West49
550 King Street North
Tim Hortons
465 Phillip St
Tim Hortons
415 King St N
Tim Hortons
384 King St N
Tim Hortons
151 Columbia St W
Now Tea
280 Lester St
Thirsty's Bar & Grill
465 Phillip St
Barak Sales Company
576 Mount Anne Dr
Morty's Pub
272 King St N
Pin Up Arcade Bar
247 King St N
Flying Dog
341 Marsland Dr
Brady's Meat & Deli
465 Phillip St
Lourena O'S Bakery
878th St
St Cinnamon Bakery Cafe
170 University Ave W
Popeye's Supplements
158 University Ave W
Circle of Life
105 Lexington Rd
Forest
Sugarbush Park
Quiet Place Park
Playground
Old Albert Park
Home Style Diner
504 Albert St
BBT
465 Phillip St
Brady's Meat & Deli
465 Phillip St
Koh-I-Noor Restaurant
465 Phillip St
Ming's Chinese Restaurant
465 Phillip St
Hazel / Tamarack
Hazel
Hazel / Blythwood
Hazel
Hazel / Smallwood
Hazel
Hazel / Smallwood
Hazel
Hazel / Albert
Hazel
Kitchener
Kitchener, Kitchener
Research / Technology Station
ION Light Rail
Research / Technology Station
ION Light Rail
University of Waterloo Station
ION Light Rail
University of Waterloo Station
ION Light Rail
Northfield Station
ION Light Rail
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