Updated 5+ Days Ago
Highlights
Pet Friendly
Location
12 Merchant Ave, Waterloo, ON N2L 0E6, CAN|Downtown Waterloo
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Property Overview
The Bevel is rated highly overall, with standout marks for amenities, location, price, and trustworthiness, and it ranks exceptionally well for value for money. It is a strong fit for renters seeking utilities included and high-speed internet, offering a convenient and well-rounded living experience at a competitive price.
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.
Things you’ll love
Less expensive
Great for
Work-from-home
Floor plans
| 1 Bedroom + Den - The Negroni | 1 bed | 1 bath | 735 sqft | $2,149 /mo | 1 unit available |
Let's explore this property.
Amenities for The Bevel
Apartment Amenities
| Air Conditioning | Balcony |
| Central Air Conditioning | Central Heat |
| Heat | Heat Included |
| Luxury Vinyl Plank Flooring | Modern Colour Scheme |
| Private Dining Room | Quartz Countertops |
| Window Coverings |
Appliances
| Dishwasher | Fridge |
| In-Unit Laundry | Individual Thermostats |
| Stainless Steel Appliances | Stove |
Tech
| Internet Ready |
Building
| Cats OK | Dogs OK |
| Elevator | No Smoking Allowed |
| Onsite Laundry | Rooftop BBQ Area |
| Yoga Studio |
Grounds
| Assigned Parking | Garage Parking |
| Outdoor Space | Rooftop Terrace |
| Storage |
Services
| Complimentary Wi-Fi in Social Area | On-Site Management |
| Security Onsite |
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.
$2,149
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Garage Lot
Other
Surface Lot
Garage Lot
Parking Fee
Monthly. 2 garage lots max.
Contact Property
Other
Parking Fee
Monthly. 2 others max.
Contact Property
Surface Lot
Parking Fee
Monthly. 2 surface lots max.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 2023 |
|---|---|
| Lease terms | 12 months |
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About The Bevel
Managed by The Barrel Yards
Beautifully crafted suites offering modern finishes amidst an array of layouts from one bedrooms to two bedrooms. Featuring an impressive amenity packaged in an ideal location in Uptown Waterloo.
Year Built: 2023
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, The Bevel is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Bevel has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
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.
The Bevel 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.
The Bevel 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.
The Bevel 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 The Bevel 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.
The Bevel 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 The Bevel compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Downtown Waterloo
1-bedroom apartments at The Bevel cost about 20% more than the average rent price for 1-bedroom apartments in Downtown Waterloo.
Median rents as of Oct 10 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| 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 | $1,295 |
| October 2026 | $1,488 |
| Month | Median Rent |
|---|---|
| October 2024 | $895 |
| 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 12 Merchant Ave?
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
$85,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $85,960 annually to afford this 1-bedroom monthly rent price of $2,149.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Bevel
Getting around Waterloo near 12 Merchant Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 12 Merchant Ave, Waterloo
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
6/10
Variety of shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 12 Merchant Ave
Macro Foods
95 King St S
Vincenzo's
150 Caroline St S
BulkBarn
66 Bridgeport Rd E
Sobeys
94 Bridgeport Rd
Walmart Supercentre
70 Bridgeport Rd E
Running Room
15 King St S
Loop Clothing
13 King St N
Channers Mens Apparel
95 King St S
Luster & Oak
2 King St S
Unit 5
2 King St S
Starbucks
95 King St S
Charmed Flowers & Gifts
75 King St S
Tim Hortons
109 King St N
Yifang Taiwan Fruit Tea
50 Westmount Rd N
Cafe 22
203 King St S
Babylon Sisters Bar
23 King St N
The Jazz Room
59 King St N
Princess Cafe
46 King St N
The Drink
56 King St N
The Pub on King
77 King St N
Just Love Pie
33 Erb St W
St Jacob's Farmers Market
878 Weber St N
The Crumby Cookie Dough Company Inc
8 Regina St N
Ce Food Experience
100 Regina St S
Caudle's Catch
150 Caroline St S
Park
Forest
Barrel Warehouse Park
Memorial Park
Victorian Garden
Proof Kitchen & Lounge
110 Erb St W
Sole Restaurant
83 Erb St W
Famoso Neapolitan Pizzeria-Waterloo
15 King St S
S&V Uptown
15 King St N
Nidck & Nat's Uptown 21
21 King St N
Erb / Euclid
Erb
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Erb
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Erb
Kitchener
Toronto - Sarnia
Kitchener
Kitchener
Willis Way
ION Light Rail
Waterloo Public Square
ION Light Rail
Laurier-Waterloo Park
ION Light Rail
Laurier-Waterloo Park
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