Condos for Rent in Colonial Acres, Waterloo, ON

Loading homes in Colonial Acres…

No listings match these filters in this area.

Try zooming out or widening your filters.

Neighbourhood in Waterloo

Colonial Acres

family-friendly community-oriented suburban

Colonial Acres is a residential neighbourhood in Waterloo. It offers a mix of housing options and community amenities.

Median home price is $492,500 Average rent is $2,873 Good schools with an average rating of 7.1 Diverse community with 25.8% immigrants

At a glance

Day to dayLivability

7.1

Schools near listings

out of 10 · averaged over 118 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$492,500

15% below Waterloo 31% below Ontario

In Colonial Acres

$492,500

In Waterloo

$579,900

In Ontario

$718,000

Median monthly rent

$2,873/mo

31% above Waterloo 15% above Ontario

In Colonial Acres

$2,873

In Waterloo

$2,200

In Ontario

$2,500

≈ 14.3 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

26

Median $492,500

Condos 17 · Houses 9

For rent

3

Median $2,873

Houses 3

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-10-12. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable compared to city median prices
  • Family-friendly with many parks and playgrounds
  • Strong community with diverse demographics
  • Good access to schools and amenities

Keep in mind

  • Limited public transit options
  • Higher average rent compared to city median

The feel of the placeLifestyle

Daily life in Colonial Acres is relaxed and community-oriented, with access to parks and local shops. Residents enjoy a suburban feel with family-friendly activities.

Great for families first-time buyers those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

5.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

14

Parks

11

Playgrounds

1

Transit stations

2

Grocery stores

11

Restaurants

6

Cafés

1

Gyms

2

Pharmacies

Counted across all 5.1 km² of Colonial Acres. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

1

Elementary

  • KidsAbility School

    Public · Grades JK–3 · KidsAbility E A

    Not rated

    90 students

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Colonial Acres, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

11,474

Population (2021)

7.2 km²

Area

1,593

People per km²

43.2

Median age

$116,951

Median income

69%

Own their home

2.6

People per household

4,505

Households

Every age

  • Children (under 15)15.1%
  • Working age (15–64)66.6%
  • Seniors (65+)18.3%

What is built here

  • Detached houses55.3%
  • Semi-detached6.5%
  • Townhouses9%
  • Duplexes1.1%
  • Low-rise apartments10.4%
  • High-rise apartments17.7%

Own or rent

69%Owners

30%Renters

Across 4,505 households

When it was built

Mostly 1981–1990

  • 1960 or earlier3%
  • 1961–198020%
  • 1981–199033%
  • 1991–200023%
  • 2001–200511%
  • 2006–20103%
  • 2011–20151%
  • 2016–20213%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

25.8%
Born outside Canada
36.8%
Hold a degree or higher
58%
Employment rate
3.6%
Commute by transit
89%
Commute by car
1.8
Children per family
$98,918
Median income after tax
$149,020
Average household income
7.6%
Living on a low income
$1,575/mo
Renters pay, per month
$1,386/mo
Owners pay, per month
$785,735
Median home value at census
17.7%
Renters spending 30%+ of income on housing
8.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 15 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap