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OFFER:

$1000 Off Your First Month's Rent! Rent one of our select suites and receive a $1000 Move-In Bonus! *Select suites only. Based on availability. Errors & omissions excepted. Not valid with any other offer or promotion. Subject to change without notice. Discount applies to the base rent of the suite only and does not apply to any additional items or services such as pa

modified
Updated 1 Hour Ago

Highlights

  • Rent Special
  • Pet Friendly

Location

364 Waterloo Ave, Guelph, ON N1H 3K2, CAN|The Junction
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Contact

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Management

Homestead Land Holdings

Leasing office

(226) 887-8461

Property Overview

Phoenix Mill Apartments earns a strong 9.3 Zumper Expert Rating, with standout scores for price, amenities, location, and quality, plus a solid trustworthiness rating. It’s described as a competitive-value property with a quiet environment, included utilities, common areas for meetings or remote work, and high-speed internet, making it especially appealing for renters seeking convenience and a comfortable work-from-home setup.

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

9.3
Excellent
Phoenix Mill Apartments 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.

Great for

  • Work-from-home

Floor plans

2 Bedroom2 bed1 bath1,039 sqft$2,095 /mo

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Amenities for Phoenix Mill Apartments

Apartment Amenities

BalconyWater

Appliances

FridgeStove

Tech

Ultra Fast Fibre Internet Available

Building

Cats OKDogs OK
ElevatorNo Smoking Allowed
Onsite LaundryResidents Lounge

Grounds

Outdoor SpaceSwimming Pool
Tennis Courts

Services

Dedicated Onsite Staff

Other

Pre-Authorized Payment Options
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.

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OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Covered Lot

Surface Lot

Covered Lot

Parking Fee

Monthly. 2 covered lots max.

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Surface Lot

Parking Fee

Monthly. 2 surface lots max.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12 months
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About Phoenix Mill Apartments

Managed by Homestead Land Holdings
HomeApartments in GuelphThe Junction Phoenix Mill Apartments

$1000 Off Your First Month's Rent! Rent one of our select suites and receive a $1000 Move-In Bonus! *Select suites only. Based on availability. Errors & omissions excepted. Not valid with any other offer or promotion. Subject to change without notice. Discount applies to the base rent of the suite only and does not apply to any additional items or services such as parking, storage, etc. Offer valid for new applicants only. Transfers and current residents are not eligible. On Waterloo Ave, just minutes away from the Hanlan Parkway, Phoenix Mill rises above all the rest. With public transit conveniently located at the front of the building, the Farmers Market, Guelph Library and Guelph University are just a short ride away. We boast unusually large 1 and 2 bedroom suites to accommodate your downsizing requirements. This building also offers a seasonal pool, tennis court and dedicated on-site staff. Beautiful parks and riverside green spaces close by provide outdoor fun for all. Homestead Land Holdings reputation for well-maintained properties is upheld by our experienced site-staff. - Elevators - Outdoor pool - Laundry facilities - Social room - Fridge - Stove - Balconies - Tennis Court - Pre-Authorized Payment Options - Dedicated On-Site Staff - Pet Friendly - No Smoking allowed - Online Payment Available - Ultra Fast Fibre Internet Available


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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.
9.3
/10
Excellent
Phoenix Mill Apartments 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.
How we rated Phoenix Mill Apartments
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.
Phoenix Mill Apartments 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.
Phoenix Mill Apartments 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.
Phoenix Mill Apartments 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·9A 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.
Phoenix Mill Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
Phoenix Mill Apartments 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.

Phoenix Mill Apartments is great for:

Work-from-home

  • High speed internet is an amenity
  • Utilities included in the rent
  • Common areas for meetings or remote work
  • Quiet environment with little noise pollution

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Rent trends in The Junction

2-bedroom apartments at Phoenix Mill Apartments cost about 2% more than the average rent price for 2-bedroom apartments in The Junction.

Median rents as of Jul 18 2026.
The Junction
Guelph
A table of 1-bedroom apartment rental data trends in Guelph
MonthMedian Rent
August 2024$2,081
September 2024$2,047
October 2024$2,025
November 2024$2,025
December 2024$2,023
January 2025$2,008
February 2025$2,038
March 2025$2,008
April 2025$1,990
May 2025$1,936
June 2025$1,942
July 2025$1,971
August 2025$2,009
September 2025$2,001
October 2025$1,986
November 2025$1,965
December 2025$1,974
January 2026$1,976
February 2026$1,969
March 2026$1,889
April 2026$1,902
May 2026$1,879
June 2026$1,865
July 2026$1,900
A table of 1-bedroom apartment rental data trends in The Junction
MonthMedian Rent
August 2024$1,923
September 2024$1,959
October 2024$1,964
February 2025$1,897
March 2025$1,958
April 2025$1,879
May 2025$1,911
August 2025$1,850
March 2026$1,825
April 2026$1,832
May 2026$1,801
June 2026$1,795
July 2026$1,831

Affordability calculator

Can I afford to live at 364 Waterloo Ave?

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

$83,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $83,800 annually to afford this 2-bedrooms monthly rent price of $2,095.
For more information on rent affordability, visit our rent calculator.
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Internet available near Phoenix Mill Apartments

Getting around Guelph near 364 Waterloo Ave

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

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 364 Waterloo Ave, Guelph

Groceries

6/10
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

6/10
Variety of cafés within a short drive

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

5/10
Variety of bars within a short drive

Explore the area around 364 Waterloo Ave

Jans Groceries
29 Macdonell St
Himalayan Grocers
32 Macdonell St
Goodness Me
36 Wellington St E
Flour Barrel Inc
115 Wyndham St N
My Kitty Cafe
117 Wyndham St N

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