4 Days Ago
Location
383 Albert St, Waterloo, ON N2L 6E3, CAN|Downtown Waterloo
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Property Overview
383 Albert Street receives a strong Zumper expert rating of 8.8 out of 10, reflecting its attractiveness to renters. With top scores in price, amenities, and location, it represents an excellent value, especially given its impressive features and sustainability credentials, such as nearby public transit and walkable access. The property demonstrates a commitment to transparency, earning a trustworthiness rating of 7 out of 10, which enhances its appeal for prospective renters.
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
Great for
Eco living
Floor plans
| One Bedroom Apartment | 1 bed | 1 bath | 574 sqft | $1,799 /mo | 1 unit available | ||
| Two Bedroom Apartment | 2 bed | 1 bath | 864 sqft | $1,849 /mo | |||
| Two Bedroom plus Den | 2 bed | 1 bath | 916 sqft | $2,099 /mo | 1 unit available |
Let's explore this property.
Amenities for 383 Albert Street
Apartment Amenities
| Air Conditioning | Balcony |
| Central Heat | Hardwood Floor |
| Heating | In-suite Storage |
| View | Vinyl Plank Floors |
| Walk-in Closet |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | Individual Thermostats |
| Microwave | Stove |
Tech
| Internet Ready |
Building
| Controlled Access | Elevator |
| No Smoking Allowed | Onsite Laundry |
| Security Cameras | Video Surveillance |
| Wheelchair Accessible |
Grounds
| Outdoor Space | Shared Yard |
| Storage |
Services
| 24/7 Emergency Service | On-Site Management |
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
Base Rent
Monthly rent payment
$1,799–$2,099
OPTIONAL FEES
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Covered Lot
Parking Fee
Monthly. 2 covered lots max. Unassigned parking
Contact Property
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About 383 Albert Street
Managed by Park Property Management
383 Albert Street is a well-maintained mid-rise building in the heart of Waterloo. With updated spacious suites, this prime location offers easy access to a range of amenities, including shopping centers, dining options, recreational facilities, and educational institutions. Call or email us today to book your guided tour. Excellent Transit & Connectivity: 383 Albert Street is just steps away from Grand River Transit (GRT) bus routes and the ION light rail, providing fast connections to uptown Waterloo, downtown Kitchener, and major transit hubs. Easy access to Highway 85 makes commuting to surrounding cities and Highway 401 simple and efficient. Shopping & Dining at Your Doorstep: The property is conveniently close to grocery stores, retail shops, and essential services. Uptown Waterloo and Conestoga Mall offer a variety of shopping, while nearby restaurants and cafés provide a wide range of dining options, from international cuisines to local favorites. Parks & Recreation: Residents can enjoy nearby green spaces such as Waterloo Park, which offers trails, playgrounds, and sports facilities. Local recreation centers, gyms, and cultural venues provide year-round opportunities for fitness and entertainment. Schools & Education: 383 Albert Street is located in close proximity to University of Waterloo and Wilfrid Laurier University, making it an excellent choice for students and faculty. Families will also appreciate the selection of nearby public and Catholic schools. A Vibrant & Growing Community: Waterloo is known for its thriving tech sector, vibrant arts and culture scene, and welcoming neighborhoods. Farmers’ markets, festivals, and local events bring the community together throughout the year. Your Ideal Waterloo Address: 383 Albert Street offers the perfect balance of convenience and comfort, with quick access to shopping, transit, schools, and recreational activities. Whether you’re a student, professional, or family, this property is an excellent place to call home.
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, 383 Albert Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 383 Albert Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
383 Albert Street 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·9A 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.
383 Albert Street goes above and beyond to provide sought-after conveniences and desirable perks, including 24/7 emergency service. Renters looking for popular or luxurious features will find them here—and for that reason, 383 Albert Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
383 Albert Street 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 383 Albert Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
383 Albert Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
383 Albert Street 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 383 Albert Street compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Downtown Waterloo
1-bedroom apartments here are priced 13% lower than 1-bedrooms in Downtown Waterloo.
If you decide to upgrade your space, you can expect 2-bedrooms at 383 Albert Street to be 4% less than the average for similarly sized apartments in Downtown Waterloo.
Median rents as of Oct 11 2025.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| December 2023 | $1,367 |
| 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 |
| Month | Median 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 |
Affordability calculator
Can I afford to live at 383 Albert St?
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
$71,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $71,960 annually to afford this 1-bedroom monthly rent price of $1,799.
For more information on rent affordability, visit our rent calculator.
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Internet available near 383 Albert Street
Getting around Waterloo near 383 Albert St
Walking
6/10
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
5/10
Frequent public transit options are within walking distance.
Points of interest for 383 Albert St, Waterloo
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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