Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly

Location

400 Parkside Dr, Waterloo, ON N2L 6E5, CAN|Lakeshore
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Contact

Management

Morguard Investments Limited

Our team has verified this company

Leasing office

(226) 894-8054

Property Overview

Parkside Tower is a top-tier, verified community with a perfect Zumper Expert Rating, delivering exceptional value through its competitive pricing, strong amenity package, and outstanding quality. Its prime location offers convenient access to everyday essentials and popular destinations, while outdoor spaces and pet-friendly considerations add to the overall appeal and livability for a wide range of renters.

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

10
Excellent
With an impressive overall rating of 10 out of 10, Parkside Tower is one of the top properties in Lakeshore. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Great for

  • Pet owners

Floor plans

2 Bedroom, 1 Bathroom2 bed1 bath875 sqft$1,940 /mo1 unit available

Let's explore this property.

Amenities for Parkside Tower

Apartment Amenities

Air ConditioningBalcony

Appliances

FridgeMicrowave
Stove

Building

Cats OKDogs OK
Onsite Laundry

Grounds

Assigned Parking

Services

On-Site ManagementOnsite Professional Management

Neighborhood

Close to Community CentreClose to Parks
Close to Public TransitClose to Schools

Other

Certified Rental Building
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

Deposit

One-time.

$1,940

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 Parkside Tower

HomeApartments in WaterlooLakeshore Parkside Tower

Welcome home to Parkside Tower. This rental community is ideally situated within walking distance of several schools, coffee shops, restaurants, parks and the Albert McCormick Community Centre. Sobeys grocery store and Shoppers Drug Mart are close by. The University of Waterloo and Wilfrid Laurier University are a short drive or bike ride away. Nature lovers will adore living so close to Laurel Creek Conservation Area. This forested park around a lake offers great picnic areas, hiking trails, and a beach – and it's only a 10-minute bike ride from home! Your new home features large rooms with lots of natural light and modern renovations. Laundry facilities are conveniently located on-site and parking is available. Our friendly on-site management team means you'll never have to worry about maintenance issues in your suite or in the building. Parkside Tower is a Certified Rental Building. Move in and move up to a more balanced lifestyle at Parkside Tower (400 Parkside Drive). Only a short walk to the Waterloo Public Library, Albert McCormick Community Centre, the University of Waterloo, Wilfrid Laurier University and Conestoga College.


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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.
10
/10
Excellent
With an impressive overall rating of 10 out of 10, Parkside Tower is one of the top properties in Lakeshore. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Parkside Tower
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.
Parkside Tower 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.
Parkside Tower 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Parkside Tower offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
Parkside Tower has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Parkside Tower.
Trustworthiness·10A 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.
Parkside Tower sets a high bar for up-to-date information, transparency, and thoroughness in marketing and communication. It's verified, offers multiple lifestyle photos, and provides detailed information about its features and attributes. The clarity it provides sets it apart from other rentals, making Parkside Tower a trustworthy choice for potential residents.

Parkside Tower is great for:

Pet owners

  • Outdoor spaces are available at this property

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Rent trends in Lakeshore

2-bedroom apartments at Parkside Tower cost about 5% more than the average rent price for 2-bedroom apartments in Lakeshore.

Median rents as of Jun 13 2026.
Lakeshore
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian Rent
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
May 2026$786
June 2026$773
A table of studio rental data trends in Lakeshore
MonthMedian Rent
June 2024$995
July 2024$995
August 2024$955
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

Affordability calculator

Can I afford to live at 400 Parkside Dr?

Bedrooms

2 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

$77,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $77,600 annually to afford this 2-bedrooms monthly rent price of $1,940.
For more information on rent affordability, visit our rent calculator.
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Internet available near Parkside Tower

Getting around Waterloo near 400 Parkside Dr

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

8/10
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 400 Parkside Dr, Waterloo

Groceries

4/10
At least one supermarket within a 20-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

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

High schools

2/10
At least one high school within a 30-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within walking distance

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