Real Estate for Rent in Uptown West, Waterloo, ON

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Neighbourhood in Waterloo

Uptown West

family-friendly community-oriented suburban active

Uptown West is a vibrant neighbourhood in Waterloo, Ontario. It offers a mix of residential options and amenities for families and professionals.

Median home price is $699,000 55.9% of residents are renters Two elementary schools available

At a glance

Photo of Unit 404, 45 Westmount Road N
For RentNew ListingCorner Unit
Listed for:

Listed 3 days ago

$2,300

Unit 404, 45 Westmount Road N

Waterloo (Uptown West), ON N2L 2R3

2Bedrooms
1Bathroom
1Parking
1K-1.2KSq Ft

Condo ApartmentFor Rent

Photo of Unit 607, 181 King Street S
For RentSwimming Pool
Listed for:

Listed 16 days ago

$2,600

Unit 607, 181 King Street S

Waterloo (Uptown West), ON N2J 0E7

1 + 1Bedrooms
1Bathroom
1Parking
800-899Sq Ft

Condo ApartmentFor Rent

Photo of 15 Beverley Street
For RentFinished Basement
Listed for:

Listed Sep 11, 2026

$3,000

15 Beverley Street

Waterloo (Uptown West), ON N2L 2H5

3 + 1Bedrooms
3Bathrooms
0Garage
1.1K-1.5KSq Ft

DetachedFor Rent

Photo of Unit Basemnt, 48 Westmount Road
For RentWalk-Out BasementLarge Lot
Listed for:

Listed Sep 10, 2026

$1,950

Unit Basemnt, 48 Westmount Road

Waterloo (Uptown West), ON N2L 2K6

2Bedrooms
1Bathroom
0Garage
2K-2.5KSq Ft

DetachedFor Rent

Photo of Unit 405, 223 Erb Street W
For RentRooftop Terrace
Listed for:

Listed Aug 10, 2026

$2,650

Unit 405, 223 Erb Street W

Waterloo (Uptown West), ON N2L 0B3

2Bedrooms
2Bathrooms
1Parking
1K-1.2KSq Ft

Condo ApartmentFor Rent

Photo of 17 Avondale Avenue S
For Rent
Listed for:

Listed Aug 5, 2026

$5,500

17 Avondale Avenue S

Waterloo (Uptown West), ON N2L 2B5

3Bedrooms
4Bathrooms
2Garage
3K-3.5KSq Ft

DetachedFor Rent

Day to dayLivability

6.2

Schools near listings

out of 10 · averaged over 114 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

$699,000

21% above Waterloo 3% below Ontario

In Uptown West

$699,000

In Waterloo

$579,900

In Ontario

$718,000

Median monthly rent

$2,600/mo

18% above Waterloo 4% above Ontario

In Uptown West

$2,600

In Waterloo

$2,200

In Ontario

$2,500

≈ 22.4 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

20

Median $699,000

Condos 12 · Houses 8

For rent

7

Median $2,600

Condos 4 · 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

  • Diverse housing options including condos and apartments
  • Good schools with an average rating of 6.2
  • Access to parks and recreational spaces
  • Strong community with a mix of families and professionals

Keep in mind

  • Median home prices are above the city average
  • Higher rent prices compared to the city median
  • Limited public transit options

The feel of the placeLifestyle

Residents enjoy a suburban feel with access to local amenities. Daily life includes a mix of outdoor activities and community events.

Great for first-time buyers young families professionals

Within the boundaryWhat's nearby

The boundary

2.4 km²

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

13

Parks

5

Playgrounds

2

Transit stations

3

Grocery stores

16

Restaurants

6

Cafés

5

Gyms

5

Pharmacies

Counted across all 2.4 km² of Uptown West. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.6/10

Average rating of the 2 rated schools in this area

2

Elementary

  • Empire Public School

    Public · Grades JK–6 · Waterloo Region DSB

    6.6/106.9 over 5 yrs

    1,165th of 3,045 Ontario elementary schools

    490 students · EQAO 2024-2025

  • Our Lady of Lourdes Catholic Elementary School

    Catholic · Grades JK–8 · Waterloo CDSB

    6.5/107.1 over 5 yrs

    1,231st of 3,045 Ontario elementary schools

    385 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Uptown West, 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

9,795

Population (2021)

3.1 km²

Area

3,158

People per km²

45.7

Median age

$102,056

Median income

44%

Own their home

2

People per household

4,650

Households

Every age

  • Children (under 15)9.9%
  • Working age (15–64)63.0%
  • Seniors (65+)27.2%

What is built here

  • Detached houses33.3%
  • Semi-detached1.2%
  • Townhouses2.1%
  • Duplexes3%
  • Low-rise apartments13.6%
  • High-rise apartments46.4%

Own or rent

44%Owners

56%Renters

Across 4,650 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier40%
  • 1961–198014%
  • 1981–19903%
  • 1991–20005%
  • 2001–20051%
  • 2006–20103%
  • 2011–201513%
  • 2016–202120%

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.

18.7%
Born outside Canada
56%
Hold a degree or higher
58%
Employment rate
6.4%
Commute by transit
73.2%
Commute by car
1.6
Children per family
$85,718
Median income after tax
$128,425
Average household income
7.7%
Living on a low income
$1,724/mo
Renters pay, per month
$1,264/mo
Owners pay, per month
$754,197
Median home value at census
40.3%
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 13 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

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in Uptown West actually rent for

12 homes were leased in Uptown West over the 12 months to September 2026. Half leased above $2,194 and half below, 14.3% lower than the 12 months before. A typical home found its tenant in 28 days — 3 days slower than a year ago.

Median rent
$2,194
-14.3% year over year
Days to lease
28
3 days slower
Leases closed
12
last 12 months
Rent per square foot
$2.62/mo
from 12 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one home here differs from the next.

What renters actually paid

$3,005/mo

on a $3,000 asking rent — over ask by $5

−10%Asking rent+10%
Of the asking rent
100.2%
Leased over asking
8.3%

From 12 leases that closed here in the last 12 months.

Rent or buy in Uptown West

22.1 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$582,658

19 sales

Median rent

$2,194/mo

12 leases

Gross rental yield

4.52%

before costs

Both figures come from deals that actually closed in Uptown West over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

Every month behind these charts — Uptown West, rentals
Monthly closed leases in Uptown West
MonthClosedMedianMiddle halfDays% of ask
Sep 20264 Not enough leases this month to report a median
Jul 20264 Not enough leases this month to report a median
May 20261 Not enough leases this month to report a median
Apr 20262 Not enough leases this month to report a median
Dec 20251 Not enough leases this month to report a median
Sep 20251 Not enough leases this month to report a median
Jun 20252 Not enough leases this month to report a median
May 20252 Not enough leases this month to report a median
Apr 20251 Not enough leases this month to report a median
Mar 20251 Not enough leases this month to report a median
Aug 20241 Not enough leases this month to report a median
Jul 20243 Not enough leases this month to report a median
Jan 20241 Not enough leases this month to report a median
Nov 20231 Not enough leases this month to report a median
Oct 20231 Not enough leases this month to report a median

15 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases themselves still count toward the 12-month figures above.

What people ask about Uptown West

How much does a home cost in Uptown West?

Homes in Uptown West sold for a median of $582,658 over the 12 months to September 2026, across 19 closed sales — half sold for more and half for less. That is 34.7% lower than the 12 months before it.

How long does it take to sell a home in Uptown West?

A home in Uptown West took a median of 31 days on the market over the 12 months to September 2026. Homes there closed at 100.2% of the asking price on average, with 31.6% selling over asking.

How much is rent in Uptown West?

The median lease in Uptown West closed at $2,194 a month over the 12 months to September 2026, across 12 leases.

Is it cheaper to rent or buy in Uptown West?

A home in Uptown West costs about 22.1 years of the rent on one — the median price of $582,658 against a median rent of $2,194 a month, a gross yield of 4.52%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from leases reported closed in Uptown West on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Condos in Uptown West

A condo here is its own market

13 condo apartments are on the market in Uptown West right now. Too few have closed here in the last year for us to publish a median we would stand behind.