5+ Days Ago
Highlights
New Construction
Pet Friendly
Location
12 Merchant Ave, Waterloo, ON N2L 0E6, CAN|Downtown Waterloo
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Property Overview
The Bevel receives an impressive overall rating of 8.7 out of 10, highlighting its excellent combination of price and amenities. With a price rating of 9 and amenities rated at 10, it stands out as a top choice for renters. Additionally, it offers notable features such as pet-friendly outdoor spaces and utilities included in the rent, making it ideal for those working from home and seeking a vibrant living experience.
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
Pet owners
Work-from-home
Floor plans
| 1 Bedroom - The Hummingbird | 1 bed | 1 bath | 711 sqft | $2,165 /mo | |||
| 1 Bedroom - The Classic | 1 bed | 1 bath | 708 sqft | $2,175 /mo | 1 unit available | ||
| 1 Bedroom - The Greyhound | 1 bed | 1 bath | 743 sqft | $2,199 /mo | |||
| 1 Bedroom + Den - The Negroni | 1 bed | 1 bath | 735 sqft | $2,225 /mo | 1 unit available | ||
| 1 Bedroom + Den - The Cosmo | 1 bed | 1 bath | 756 sqft | $2,250 /mo | 1 unit available | ||
| 1 Bedroom + Den - The Vesper | 1 bed | 1 bath | 733 sqft | $2,250 /mo | 1 unit available | ||
| 1 Bedroom + Den - The Cosmo 1.0 | 1 bed | 1 bath | 746 sqft | $2,299 /mo | 1 unit available | ||
| 1 Bedroom + Den - The Bramble | 1 bed | 1 bath | 839 sqft | $2,399 /mo | 1 unit available | ||
| 2 Bedroom + Den - The Brooklyn | 2 bed | 2 bath | 958 sqft | $3,215 /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
Dog policy
| Allowed | Â |
|---|
Cat policy
| Allowed | Â |
|---|
Contact for more information on pet policy.
Parking
| Garage Lot | Contact for Price |
|---|---|
| Other | Contact for Price |
| Surface Lot | Contact for Price |
Required one-time fees
| Security Deposit | $2,165 |
|---|---|
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.
8.7
/10
Very GoodWith a solid 8.7 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust The Bevel to provide reasonable accomodations and accurate details about its community.
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 here are priced 12% higher than 1-bedrooms in Downtown Waterloo.
If you decide to upgrade your space, you can expect 2-bedrooms at The Bevel to be 53% more than the average for similarly sized apartments in Downtown Waterloo.
Median rents as of Oct 4 2025.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| December 2023 | $1,367 |
| January 2024 | $900 |
| February 2024 | $875 |
| March 2024 | $895 |
| April 2024 | $895 |
| May 2024 | $895 |
| June 2024 | $895 |
| July 2024 | $895 |
| August 2024 | $895 |
| September 2024 | $895 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $875 |
| March 2024 | $895 |
| April 2024 | $895 |
| May 2024 | $895 |
| June 2024 | $895 |
| July 2024 | $895 |
| August 2024 | $895 |
| September 2024 | $870 |
| October 2024 | $882 |
| 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 |
Affordability calculator
Can I afford to live at 12 Merchant 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
$87,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $87,960 annually to afford this 1-bedroom median monthly rent price of $2,199.
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
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