Condos for Rent in North Lakeshore, Waterloo, ON
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Neighbourhood in Waterloo
North Lakeshore
North Lakeshore is a peaceful neighbourhood in Waterloo. It offers a mix of residential homes and condos, making it suitable for different lifestyles.
At a glance
Day to dayLivability
6.7
Schools near listings
out of 10 · averaged over 61 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
$681,944
In North Lakeshore
$681,944
In Waterloo
$547,500
In Ontario
$718,000
Median monthly rent
$1,800/mo
In North Lakeshore
$1,800
In Waterloo
$2,223
In Ontario
$2,500
≈ 31.6 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
7
Median $681,944
Houses 5 · Condos 2
For rent
2
Median $1,800
Condos 2
Recently sold
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Recently leased
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Market data as of 2026-10-14. 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
- Good schools with high ratings
- Family-friendly environment
- Low crime rate
- Strong community with many long-term residents
Keep in mind
- Prices are above the city median
- Limited public transit options
- Few restaurants and cafes
The feel of the placeLifestyle
Daily life in North Lakeshore is calm and community-focused. Residents enjoy parks and local amenities.
Within the boundaryWhat's nearby
The boundary
3.4 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
10
Parks
8
Playgrounds
1
Grocery stores
6
Restaurants
2
Cafés
1
Gyms
2
Pharmacies
Counted across all 3.4 km² of North Lakeshore. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
8.4/10
Average rating of the 2 rated schools in this area
3
Elementary
N A MacEachern Public School
Public · Grades JK–6 · Waterloo Region DSB
8.8/107.8 over 5 yrs118th of 3,045 Ontario elementary schools
260 students · EQAO 2024-2025
Northlake Woods Public School
Public · Grades JK–8 · Waterloo Region DSB
8.0/107.4 over 5 yrs337th of 3,045 Ontario elementary schools
340 students · EQAO 2024-2025
Starling & Birchland
Public · Grades K–12 · Waterloo Region DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside North Lakeshore, 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
6,112
Population (2021)
2.0 km²
Area
3,112
People per km²
43.7
Median age
$108,088
Median income
84%
Own their home
2.6
People per household
2,405
Households
Every age
- Children (under 15)14.4%
- Working age (15–64)67.8%
- Seniors (65+)17.8%
What is built here
- Detached houses66.7%
- Semi-detached13.9%
- Townhouses5.6%
- Duplexes1.4%
- Low-rise apartments12.8%
Own or rent
84%Owners
16%Renters
Across 2,405 households
When it was built
Mostly 1981–1990
- 1960 or earlier1%
- 1961–198028%
- 1981–199050%
- 1991–200016%
- 2001–20053%
- 2006–20100%
- 2011–20150%
- 2016–20210%
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.
- 22.5%
- Born outside Canada
- 33.4%
- Hold a degree or higher
- 59.3%
- Employment rate
- 3.1%
- Commute by transit
- 90.6%
- Commute by car
- 1.7
- Children per family
- $92,984
- Median income after tax
- $125,399
- Average household income
- 5.4%
- Living on a low income
- $1,446/mo
- Renters pay, per month
- $1,154/mo
- Owners pay, per month
- $655,326
- Median home value at census
- 10.5%
- Renters spending 30%+ of income on housing
- 8%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 12 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