Updated 14 Hours Ago
Highlights
Pet Friendly
Location
540 Waterfront Dr, Winnipeg, MB R3B 0W6, CAN|South Point Douglas
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Floor plans
| 540 Waterfront Drive | 1 bed | 1 bath | 630 sqft | $1,250 /mo | 1 unit available |
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Amenities for 540 Waterfront Drive
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Central Heat | Electric |
| Fireplace | Heat |
| Hot Water | Near School |
| Open Concept Layout | Private Entrance |
| Unfurnished | View |
| Vinyl Plank Floors |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Individual Thermostats | Microwave |
| Oven | Stove |
| Washer In-Suite |
Tech
| Internet Ready |
Building
| Bowling Alley | Cats OK |
| Community Centre | Dogs OK |
| Elevator | Hair Salon |
| Onsite Laundry | Starbucks |
Grounds
| Assigned Parking | Bike Stand Nearby |
| Swimming Pool |
Services
| Dollarama |
Neighborhood
| Convenience Store | Costco |
| Near Bike Path/Trail | Near Bus Stop |
| Near College/University | Near Downtown |
| Near Hospital | Near Shopping Center |
| Public Transit | Save-On-Foods |
| Subway | University of Winnipeg |
| Walking Trail |
Other
| Close To The River | Healthcare |
| Smoking Policy |
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.
$625
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Covered Lot
Covered Lot
Parking Fee
Monthly. 2 covered lots max. 1 total spaces.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 2017 |
|---|---|
| Lease terms | 12 months |
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About 540 Waterfront Drive
Managed by Rico Real Estate Inc.
Now this is a place to call Home! 540 Waterfront Dr. This property becomes available November 1 on prestigious Waterfront Drive — this modern 630 sq. ft. studio condo offers exceptional natural light and sweeping city views through stunning wall‑to‑ceiling windows. The thoughtfully designed layout provides a cozy yet stylish living space, perfect for anyone seeking comfort and convenience in a prime location. Enjoy the ease of in-suite laundry, with water and hydro included in the monthly rent of $1,250. Please note: units may vary slightly from the photos shown. Call or text Cassandra at 204-200-8121 or 431-478-1065 ext 2. Professionally Managed by Rico Real Estate Inc.
Year Built: 2017
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Rent trends in South Point Douglas
1-bedroom apartments at 540 Waterfront Drive cost about 15% less than the average rent price for 1-bedroom apartments in Winnipeg.
Median rents as of Jul 11 2026.
Winnipeg
| Month | Median Rent |
|---|---|
| July 2024 | $989 |
| August 2024 | $946 |
| September 2024 | $909 |
| October 2024 | $961 |
| November 2024 | $1,063 |
| December 2024 | $1,001 |
| January 2025 | $986 |
| February 2025 | $1,006 |
| March 2025 | $1,061 |
| April 2025 | $1,144 |
| May 2025 | $1,162 |
| June 2025 | $1,065 |
| July 2025 | $1,016 |
| August 2025 | $999 |
| September 2025 | $1,023 |
| October 2025 | $1,043 |
| November 2025 | $1,039 |
| December 2025 | $1,026 |
| January 2026 | $1,023 |
| February 2026 | $1,031 |
| March 2026 | $1,097 |
| April 2026 | $1,191 |
| May 2026 | $1,174 |
| June 2026 | $1,105 |
| July 2026 | $1,120 |
Affordability calculator
Can I afford to live at 540 Waterfront Dr?
Bedrooms
1 bedroomRent-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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
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Internet available near 540 Waterfront Drive
Getting around Winnipeg near 540 Waterfront Dr
Walking
7/10
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.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 540 Waterfront Dr, Winnipeg
Groceries
9/10
The nearest general grocery store is within a 5-minute walk, and there are also some specialist food stores nearby.
Shopping
6/10
Several fashion stores are within a short walk.
Cafes
5/10
Some cafés are within walking distance.
Restaurants
7/10
Several restaurants are within a short walk.
Primary schools
8/10
At least one elementary school within a 5-to-10-minute walk.
High schools
10/10
At least one high school within a 5-minute walk.
Parks
9/10
Several medium-size parks and other smaller parks in the area.
Nightlife
3/10
Few bars are within walking distance.
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