4 Hours Ago
Highlights
Pet Friendly
Location
23-29 Barrel Yards Blvd, Waterloo, ON N2L 0C5, CAN|Downtown Waterloo
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Property Overview
The Onyx is rated 8.8 out of 10 by Zumper, highlighting its appeal for renters with competitive pricing and an impressive array of amenities. With a perfect score of 10 for both price and amenities, it offers an exceptional living standard along with a prime location rated 9 out of 10 for convenience. Additionally, the property is transparent in its presentation, holding an 8 out of 10 trustworthiness rating, while also being ideal for remote work and pet-friendly living.
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
Images Available- Pet friendly
Great for
Pet owners
Work-from-home
Floor plans
| 1 Bedroom + Den | 1 bed | 1 bath | 862 sqft | $2,315 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 862 sqft | $2,324 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 905 sqft | $2,364 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 920 sqft | $2,375 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 862 sqft | $2,375 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 920 sqft | $2,395 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 836 sqft | $2,474 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 851 sqft | $2,474 /mo | 1 unit available | ||
| 1 Bedroom + Den | 1 bed | 1 bath | 851 sqft | $2,474 /mo | 1 unit available | ||
| 2 Bedroom + Den | 2 bed | 2 bath | 1,102 sqft | $2,989 /mo | 1 unit available |
Let's explore this property.
Amenities for The Onyx
Apartment Amenities
| Air Conditioning | Balcony |
| Central Air Conditioning | Central Heat |
| Heat | Heat Included |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Individual Thermostats | Microwave |
| Stove | Washer In-Suite |
Tech
| Internet Ready |
Building
| Bicycle Room | Cats OK |
| Controlled Access | Dogs OK |
| Elevator | EV Charging |
| Fitness Center | Library |
| Movie Theatre | No Smoking Allowed |
| Onsite Laundry | Residents Lounge |
| Safe Bike Storage | Sauna |
| Social Room | Wheelchair Accessible |
Grounds
| Assigned Parking | Billiards Lounge |
| Exercise Room | Garage Parking |
| Hot Tub | Pool Access |
| Smoke Free Community | Storage |
| Swimming Pool |
Services
| On-Site Management | Security Onsite |
Neighborhood
| Public Transit | 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.
Contact Property
OPTIONAL FEES
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Parking Policy
Covered Lot
Garage Lot
Other
Surface Lot
Covered Lot
Parking Fee
Monthly. 2 covered lots max. Unassigned parking.
Contact Property
Garage Lot
Parking Fee
Monthly. 2 garage lots max. Unassigned parking.
Contact Property
Other
Parking Fee
Monthly. 2 others max. Unassigned parking.
Contact Property
Surface Lot
Parking Fee
Monthly. 2 surface lots max. Unassigned parking.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12 months |
|---|
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About The Onyx
Managed by The Barrel Yards
The Onyx defines the urban lifestyle with it's intimate array of layouts from one bedrooms to two bedrooms plus dens.
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 Onyx is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Onyx 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 Onyx 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 Onyx 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 Onyx 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 Onyx 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 Onyx 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 Onyx compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Pet friendly
- This property allows pets
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Rent trends in Downtown Waterloo
1-bedroom apartments here are priced 15% higher than 1-bedrooms in Downtown Waterloo.
If you decide to upgrade your space, you can expect 2-bedrooms at The Onyx to be 48% more than the average for similarly sized apartments in Downtown Waterloo.
Median rents as of Mar 28 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| 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 |
| November 2025 | $795 |
| December 2025 | $795 |
| January 2026 | $920 |
| February 2026 | $795 |
| March 2026 | $795 |
| Month | Median Rent |
|---|---|
| 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 |
| November 2025 | $1,428 |
| December 2025 | $1,418 |
| January 2026 | $1,245 |
| February 2026 | $795 |
Affordability calculator
Can I afford to live at 23-29 Barrel Yards Blvd?
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
$94,560/yr
With your selected rent-to-income ratio, you'd ideally want to make $94,560 annually to afford this 1-bedroom median monthly rent price of $2,364.
For more information on rent affordability, visit our rent calculator.
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Internet available near The Onyx
Getting around Waterloo near 23-29 Barrel Yards Blvd
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
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 23-29 Barrel Yards Blvd, 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
9/10
At least one elementary school within a 10-minute walk
High schools
6/10
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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