Updated 5+ Days Ago
Highlights
Pet Friendly
Location
239 Auburn Dr, Waterloo, ON N2K 0B7, CAN|University Downs
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Property Overview
Auburn Terraces earns a strong overall impression with a 9.4 expert rating, top marks for price and amenities, and high scores for location and quality. It stands out as a well-rounded option with competitive value, a convenient setting, and a trustworthy property profile, while its listed pros, “great for” qualities, and notable features reinforce its appeal.
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.
Great for
Pet owners
Floor plans
| Unit 818 | 2 bed | 2 bath | 1,050 sqft | $2,195 /mo | 1 unit available |
Let's explore this property.
Amenities for Auburn Terraces
Apartment Amenities
| Air Conditioning | Balcony |
| Carpet | Central Air Conditioning |
| Central Heat | Ensuite Bathroom |
| In-Suite Washer/Dryer | Vinyl Plank Floors |
| Walk-in Closet | Window Coverings |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Individual Thermostats | Stove |
| Washer In-Suite |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Onsite Laundry | Security Cameras |
| Video Surveillance | Wheelchair Accessible |
Grounds
| Assigned Parking | Garage Parking |
Services
| 24/7 Emergency Service | On-Site Management |
Neighborhood
| 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
Deposit
One-time.
$2,195
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Covered Lot
Surface Lot
Garage Lot
Covered Lot
Parking Fee
Monthly. 2 covered lots max.
Contact Property
Surface Lot
Parking Fee
Monthly. 2 surface lots max.
$90
Garage Lot
Parking Fee
Monthly. 2 garage lots max.
$110
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 2014 |
|---|---|
| Lease terms | 12 months |
About Auburn Terraces
Managed by Kingsley Management
Auburn Terraces Apartment – Your Perfect Home in Waterloo Welcome to Auburn Terraces Apartment, where modern living meets a tranquil, green environment in the heart of Waterloo, Ontario. Nestled in the peaceful residential neighborhood known as University Downs, Auburn Terraces offers a variety of spacious and thoughtfully designed apartment homes that cater to your lifestyle needs. Why Choose Auburn Terraces? At Auburn Terraces, you’ll find the perfect blend of convenience, comfort, and community. Whether you're a young professional, a growing family, or someone looking to downsize, our apartments offer a welcoming place to call home. With our commitment to quality service and maintenance, living at Auburn Terraces means more than just renting an apartment—it's about experiencing the best of Waterloo living. Come and discover Auburn Terraces today. Schedule a tour and see why so many choose to make this their home!
Year Built: 2014
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.
9.4
/10
ExcellentAuburn Terraces 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.
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.
Auburn Terraces 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.
Auburn Terraces 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.
Auburn Terraces 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.
Auburn Terraces 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·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.
Auburn Terraces 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 Auburn Terraces compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.3 miles away
- Distance from transit
- More than 2.2 miles from public transportation
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Managed by Kingsley Management
Kingsley Management is a premier commercial and residential property management company serving communities across Ontario. We offer a diverse portfolio of high-quality buildings that provide comfortable, secure, and well-maintained spaces for residents and businesses.
Rent trends in University Downs
2-bedroom apartments at Auburn Terraces cost about 2% more than the average rent price for 2-bedroom apartments in University Downs.
Median rents as of Oct 31 2026.
University Downs
Waterloo
| Month | Median Rent |
|---|---|
| November 2024 | $2,297 |
| December 2024 | $2,259 |
| January 2025 | $2,212 |
| February 2025 | $2,298 |
| March 2025 | $2,276 |
| April 2025 | $2,237 |
| May 2025 | $2,261 |
| June 2025 | $2,285 |
| July 2025 | $2,278 |
| August 2025 | $2,172 |
| September 2025 | $2,062 |
| October 2025 | $2,037 |
| November 2025 | $2,024 |
| December 2025 | $2,033 |
| January 2026 | $2,014 |
| February 2026 | $2,019 |
| March 2026 | $2,011 |
| April 2026 | $2,000 |
| May 2026 | $1,998 |
| June 2026 | $1,998 |
| July 2026 | $1,998 |
| August 2026 | $2,037 |
| September 2026 | $2,101 |
| October 2026 | $2,077 |
| Month | Median Rent |
|---|---|
| November 2024 | $2,295 |
| December 2024 | $2,295 |
| January 2025 | $2,335 |
| February 2025 | $2,335 |
| March 2025 | $2,289 |
| April 2025 | $2,231 |
| May 2025 | $2,025 |
| June 2025 | $2,025 |
| November 2025 | $2,345 |
| December 2025 | $2,145 |
Affordability calculator
Can I afford to live at 239 Auburn Dr?
Bedrooms
2 bedroomsRent-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
$87,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,800 annually to afford this 2-bedrooms monthly rent price of $2,195.
For more information on rent affordability, visit our rent calculator.
Neighborhood
University Downs | Waterloo, ON
Getting around Waterloo near 239 Auburn Dr
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 239 Auburn Dr, Waterloo
Groceries
8/10
At least one grocery store within a 15-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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