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Highlights

  • Rent Special
  • Pet Friendly

Location

484 Spadina Ave, Toronto, ON M5S 0E4, CAN|South Annex
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Contact

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Management

Waverley - College & Spadina

Leasing office

(365) 654-6599

Property Overview

Waverley earns a strong Zumper Expert Rating of 9.1, supported by standout amenities, a competitive price-to-value balance, and a highly convenient location. It also offers a verified sense of quality and trustworthiness, along with 50 photos and work-from-home features like common areas for meetings or remote work plus high-speed internet.

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

9.1
Excellent
Waverley 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 Amenities and Price, which help to make this rental a great place to call home.

Things you’ll love

  • Dishwasher
  • Elevator
  • Images Available

Great for

  • Work-from-home

Floor plans

PetersonStudio1 bath400 sqft$2,590 /mo
Arden IIStudio1 bath447 sqft$2,590 /mo
Helm III1 bed1 bath535 sqft$3,265 /mo
Helm1 bed1 bath544 sqft$3,265 /mo
Helm III1 bed1 bath535 sqft$3,315 /mo
Helm IV1 bed1 bath542 sqft$3,315 /mo
Millan IV1 bed1 bath617 sqft$3,330 /mo1 unit available
Lightfoot2 bed2 bath774 sqft$4,335 /mo
Maida II2 bed2 bath774 sqft$4,385 /mo
Cohen2 bed2 bath1,086 sqft$4,860 /mo

Let's explore this property.

Amenities for Waverley

Apartment Amenities

Air ConditioningCentral Air Conditioning
Central HeatEnsuite Bathroom
ViewWalk-in Closet
Window Coverings

Appliances

DishwasherDishwasher Available
FridgeIn-Unit Laundry
Individual ThermostatsMicrowave
StoveWasher In-Suite

Tech

Internet Included

Building

Bicycle RoomCats OK
Controlled AccessDogs OK
ElevatorFitness Center
No Smoking AllowedOnsite Laundry
Residents LoungeVideo Surveillance
Wheelchair Accessible

Grounds

Assigned ParkingExercise Room
Garage ParkingStorage
Swimming Pool

Services

On-Site ManagementSecurity Onsite

Neighborhood

Public TransitShopping 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.

$2,490–$4,750

OPTIONAL FEES

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Parking Policy

Garage Lot

Garage Lot

Parking Fee

Monthly. 2 garage lots max. 1 total spaces.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Year built2020
Lease terms12 months
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About Waverley

Managed by Waverley - College & Spadina
HomeApartments in TorontoSouth Annex Waverley

Waverley is offering One Month Free, up to 50,000 Aeroplan® Points & Complimentary Wi-Fi by Rogers on all suite types. Plus, furnished suite options are now available. Waverley has been awarded 'Rental Development of the Year' and 'Best Amenities' by the Federation of Rental-housing Providers of Ontario (FRPO). Waverley is an upscale boutique rental at College and Spadina in downtown Toronto. Our property is steps to the University of Toronto (U of T), OCAD, Kensington Market, Little Italy, Hospital Corridor, and Chinatown. Our upscale amenity package features a commercial-grade penthouse fitness facility, yoga sanctuary, expansive terrace with BBQs, rooftop resort-style pool, 24/7 concierge service, an immersive theatre, fully equipped pet spa, and so much more. Enjoy fresh ground espresso or a glass of wine at the 10 DEAN café integrated in the lobby lounge as well as Greenhouse Juice in two convenient on-site locations. Experience designer suites with free in-suite high-speed 1Gig internet by Rogers, keyless smart lock entry, NEST thermostats, 9' smooth ceilings, quartz countertops and backsplashes, KitchenAid® stainless steel appliances, in-suite laundry, and more. Resident services are offered at discounted rates to Waverley residents. Experience best-in-class dog walking, suite cleaning, dry-cleaning, and more. Enjoy reduced rental rates on our resident-dedicated BMW X1. Application and annual fees are waived for Waverley residents! Schedule a tour with a Leasing Associate today. For floorplans and pricing please visit [www.waverleylife.ca](https://www.thewaverleylife.ca) for more details. E. & O.E.


Year Built: 2020

Go to property website

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.
9.1
/10
Excellent
Waverley 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 Amenities and Price, which help to make this rental a great place to call home.
How we rated Waverley
Price·9A 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.
Waverley stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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.
Waverley 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.
Waverley 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.
Waverley 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.

Waverley is great for:

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work

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 Waverley compares to other nearby properties.

Positives

Dishwasher
Dishwasher available in kitchen
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Pet friendly
This property allows pets
Walk-in closet
More closet space on average

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Rent trends in South Annex

Studio apartments at Waverley cost about 40% more than the average rent price for studios in South Annex.

1-bedroom apartments here are priced 38% higher than 1-bedrooms in South Annex.

If you decide to upgrade your space, you can expect 2-bedrooms at Waverley to be 52% more than the average for similarly sized apartments in South Annex.

Median rents as of Jul 25 2026.
South Annex
Toronto
A table of studio rental data trends in Toronto
MonthMedian Rent
August 2024$1,947
September 2024$1,907
October 2024$1,898
November 2024$1,899
December 2024$1,899
January 2025$1,887
February 2025$1,853
March 2025$1,862
April 2025$1,856
May 2025$1,842
June 2025$1,806
July 2025$1,800
August 2025$1,800
September 2025$1,799
October 2025$1,798
November 2025$1,768
December 2025$1,750
January 2026$1,741
February 2026$1,709
March 2026$1,700
April 2026$1,700
May 2026$1,706
June 2026$1,722
July 2026$1,732
A table of studio rental data trends in South Annex
MonthMedian Rent
August 2024$2,606
September 2024$2,223
October 2024$2,120
November 2024$2,017
December 2024$1,924
January 2025$1,998
February 2025$2,349
March 2025$2,361
April 2025$1,985
May 2025$1,770
June 2025$1,877
July 2025$1,945
August 2025$2,447
September 2025$2,055
October 2025$1,933
November 2025$1,995
December 2025$1,996
January 2026$2,287
February 2026$2,462
March 2026$2,453
April 2026$2,102
May 2026$1,916
June 2026$1,750
July 2026$1,840

Affordability calculator

Can I afford to live at 484 Spadina Ave?

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

$103,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $103,600 annually to afford this studio median monthly rent price of $2,590.
For more information on rent affordability, visit our rent calculator.
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Internet available near Waverley

Neighborhood

South Annex | Toronto, ON

NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.

Getting around Toronto near 484 Spadina Ave

Walking

10/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 484 Spadina Ave, Toronto

Groceries

10/10
At least one supermarket within a 5-minute walk

Shopping

10/10
Exceptional variety of shops within a few minutes’ walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

8/10
Wide variety of bars within a few minutes' walk

Explore the area around 484 Spadina Ave

Coffee Dak LAK
283 College St
Sams Food Store
339 College St
The Organic Press
257 Augusta Ave
Caribbean Corner
171 Baldwin St
Perolas Supermarket
247 Augusta Ave

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