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Highlights

  • Rent Special
  • Pet Friendly

Location

383 Albert St, Waterloo, ON N2L 6E3, CAN|Downtown Waterloo
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Contact

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Management

Park Property Management

Leasing office

(226) 894-3158

Property Overview

383 Albert Street stands out for its strong overall value, earning a high expert rating with top marks for price and amenities, plus a very strong location score. It also ranks in the 100th percentile for value for money and is noted for transit access, walkability, pet-friendly outdoor spaces, and work-from-home friendly features like included utilities, high-speed internet, and a quiet environment.

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, 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.

Things you’ll love

  • Less expensive

Great for

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

Floor plans

Two Bedroom Apartment2 bed1 bath864 sqft$1,799 /mo
Two Bedroom plus Den2 bed1 bath916 sqft$1,999 /mo

Let's explore this property.

Amenities for 383 Albert Street

Apartment Amenities

Air ConditioningBalcony
Central HeatHardwood Floor
HeatingIn-suite Storage
ViewVinyl Plank Floors
Walk-in ClosetWater
Water Included

Appliances

DishwasherDishwasher Available
FridgeIndividual Thermostats
MicrowaveStove

Tech

Internet Ready

Building

Cats OKControlled Access
Dogs OKElevator
No Smoking AllowedOnsite Laundry
Security CamerasVideo Surveillance
Wheelchair Accessible

Grounds

Outdoor SpaceShared Yard
Storage

Services

24/7 Emergency ServiceOn-Site Management

Neighborhood

Convenience StorePublic 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

Lease terms12 months
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About 383 Albert Street

Managed by Park Property Management
HomeApartments in WaterlooDowntown Waterloo 383 Albert Street

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.


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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, 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.
How we rated 383 Albert Street
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·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.
383 Albert Street 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.
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·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.

383 Albert Street is great for:

Pet owners

  • Outdoor spaces are available at this property

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • Quiet environment with little noise pollution

Eco living

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

If you decide to upgrade your space, you can expect 2-bedrooms at 383 Albert Street to be 19% less than the average for similarly sized apartments in Downtown Waterloo.

Median rents as of Sep 12 2026.
Downtown Waterloo
Waterloo
A table of studio rental data trends in Waterloo
MonthMedian 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
A table of studio rental data trends in Downtown Waterloo
MonthMedian Rent
September 2024$845
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
May 2026$750
June 2026$750
July 2026$750
August 2026$754
September 2026$750

Affordability calculator

Can I afford to live at 383 Albert St?

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

$75,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $75,960 annually to afford this 2-bedrooms median monthly rent price of $1,899.
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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