Updated 5+ Days Ago
Location
540 Waterfront Dr, Winnipeg, MB R3B 0W6, CAN|South Point Douglas
Contact
Rico Real Estate Inc.
Nearby rentals
Property management
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Amenities for 540 Waterfront Dr, South Point Douglas
Apartment Amenities
| Air Conditioning | Central Air Conditioning |
| Central Heat | Dryer |
| Near School | Open Concept Layout |
| Private Entrance | Unfurnished |
| View | Vinyl Plank Floors |
Appliances
| Dishwasher | Dishwasher Available |
| Fridge | In-Unit Laundry |
| Individual Thermostats | Oven |
| Stove |
Tech
| Internet Ready |
Building
| Bowling Alley | Cats OK |
| Community Centre | Elevator |
| Hair Salon | Onsite Laundry |
| Starbucks |
Grounds
| Assigned Parking | Bike Stand Nearby |
| Swimming Pool |
Services
| Dollarama | On-Site Management |
Neighborhood
| Convenience Store | Costco |
| Near Bike Path/Trail | Near Bus Stop |
| Near College/University | Near Downtown |
| Near Hospital | Near Shopping Center |
| Public Transit | Save-On-Foods |
| Subway | Walking Trail |
Other
| Close To The River | Healthcare |
| Smoking Policy |
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
Security Deposit
One-time.
$625
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
About 540 Waterfront Dr
540 Waterfront Drive — Modern Studio Condo with Stunning City ViewsWelcome home! Situated along prestigious Waterfront Drive, this modern 630 sq. ft. studio condo offers exceptional natural light and sweeping city views through stunning floor-to-ceiling windows. Property Highlights- Bright & Stylish Layout: The thoughtfully designed 630 sq. ft. layout maximizes space and natural light, providing a cozy yet upscale atmosphere perfect for modern city living.- In-Suite Laundry: Enjoy the ultimate day-to-day convenience with dedicated in-suite laundry facilities.- All-Season Comfort: Equipped with central air conditioning and central heating to keep you comfortable year-round.- Hassle-Free Budgeting: Enjoy total peace of mind with both water and hydro included in your monthly rent. Prime Waterfront Location & ParkingLocated in one of Winnipeg's most desirable downtown corridors, offering scenic walking trails along the river, nearby cafes, top-tier dining, and vibrant nightlife:- Parking: Covered ground-floor parking under the building (open-air style).Rental Details- Rent: $1,250 / month- Utilities: Water and Hydro included- Layout: Studio (630 sq. ft.)- Laundry: In-suite laundry included- Climate Control: Central AC & Central Heat- Pet Policy: Pet-friendly (Limited / Restrictions apply)Please note: Individual units may vary slightly from the photos shown. Professionally Managed:Enjoy peace of mind with responsive, professional service from Rico Real Estate Property Management. This fantastic townhouse won't last long—schedule your private viewing today and make 540 Waterfront Dr. your next home! ✨Call or text 204-200-8122 or email [****](mailto:****) or [****](mailto:****) to book your private tour today!
Address details
| Neighborhood | South Point Douglas |
|---|---|
| Post code | R3B 0W6 |
| Type | Apartment for rent |
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Rent trends in South Point Douglas
1-bedroom apartments at 540 Waterfront Dr cost about 11% less than the average rent price for 1-bedroom apartments in Winnipeg.
Median rents as of Oct 31 2026.
Winnipeg
| Month | Median Rent |
|---|---|
| November 2024 | $1,403 |
| December 2024 | $1,403 |
| January 2025 | $1,405 |
| February 2025 | $1,418 |
| March 2025 | $1,421 |
| April 2025 | $1,410 |
| May 2025 | $1,429 |
| June 2025 | $1,459 |
| July 2025 | $1,457 |
| August 2025 | $1,490 |
| September 2025 | $1,461 |
| October 2025 | $1,434 |
| November 2025 | $1,368 |
| December 2025 | $1,389 |
| January 2026 | $1,404 |
| February 2026 | $1,421 |
| March 2026 | $1,423 |
| April 2026 | $1,448 |
| May 2026 | $1,449 |
| June 2026 | $1,456 |
| July 2026 | $1,469 |
| August 2026 | $1,467 |
| September 2026 | $1,441 |
| October 2026 | $1,397 |
Affordability calculator
Can I afford to live at 540 Waterfront Dr?
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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Getting around Winnipeg near 540 Waterfront Dr
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 540 Waterfront Dr, Winnipeg
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
8/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-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 short drive, including some within walking distance
Explore the area around 540 Waterfront Dr
Metro Meat Products
121 Euclid Ave
Sun Wah Supermarket
303 King St
Hut K
200 Princess St
Harris Meats & Groceries Inc
5 Charles St
Zip Thru Food Store
52 Stadacona St
Ragpickers Antifashion Emporium
92 Gomez St
Militarytour.com
210 Dufferin Ave
Loka Clothing & Accessories
1 Lombard Pl
Sterling Glove
165 Selkirk Ave
Bill Worb Furs Inc
312 Ross Ave
Tim Hortons
1 Lombard Pl
Parlour Coffee
468 Main St
Tim Hortons
160 Princess St
Tim Hortons
17 Wing
Cafe Postal
202 Provencher Blvd
La Brasserie Nonsuch Brewing Co
125 Pacific Ave
Northern Hotel
826 Main St
The Lounge at Fairmont
2 Lombard Pl
La Salle Hotel
346 Nairn Ave
Pedal Pub
1 Portage Ave E
Lamlan Meats
303 King St
Maxim Bakery Pastry
285 Alexander Ave
City Bread Co Ltd
238 Dufferin Ave
M & S Meat Market
915 Main St
Cake-Ology
85 Arthur St
Park
Garden
North Winnipeg Parkway
Park
Joe Zuken Heritage Park
Cibo Waterfront Caf
339 Waterfront Dr
Waterfront Restaurant
339 Waterfront Dr
Lunch Bell Bistro
662 Main St
Kim Tuong BBQ House
303 King St
Sun Wah Supermarket
303 King St
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