Rental Listings: Houses with Finished Basements in Waterloo

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House for rent: 356 BAMBERG Crescent Unit# Basement, Waterloo

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$1,900

356 Bamberg Crescent Unit# Basement, Waterloo, Ontario N2T 0B5

2 beds
1 baths
41 days

Lucerne Ave & Keats Way Utilities included!Welcome to this brand-new (never lived in), bright, and spacious 2-bedroom basement apartment! Featuring a modern open-concept layout with a large living area, a fully equipped kitchen, and a stylish 3-piece bath. Enjoy the convenience of in-unit laundry

Kathy Long,Re/max Twin City Realty Inc. Brokerage-2Listed by: Kathy Long,Re/max Twin City Realty Inc. Brokerage-2
House for rent: BASEMENT - 423 TEALBY CRESCENT, Waterloo

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$1,650

Basement - 423 Tealby Crescent, Waterloo, Ontario N2J 4Y8

2 beds
1 baths
3 days

Lexington Road Welcome to the brand-new, never-before-lived-in basement suite at 423 Tealby Crescent! This spacious, newly constructed basement has been built with all the proper permits, ensuring a safe and comfortable living space. It features two cozy bedrooms and a modern bathroom, perfect

Listed by: Anurag Sharma,Re/max Twin City Realty Inc.
House for rent: 783 AUTUMN WILLOW Drive Unit# Basement, Waterloo

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$2,500

783 Autumn Willow Drive Unit# Basement, Waterloo, Ontario N2V 0C8

3 beds
2 baths
90 days

SUNDEW DR. Charming 3-Bedroom Rental in Waterloo.Ready to move in with furniture, The rent includes internet and utility!!Separate entrances provides more space.Brand-new residence offers a blend of modern upgrades , designed to meet all your needs and desires. Enjoy three spacious bedrooms,

Listed by: Li Jiao Yin,Solid State Realty Inc.
House for rent: 423 TEALBY Crescent Unit# Basement, Waterloo

18 photos

$1,650

423 Tealby Crescent Unit# Basement, Waterloo, Ontario N2J 4Y8

2 beds
1 baths
3 days

Lexington Road To Tealby Cres Welcome to the brand-new, never-before-lived-in basement suite at 423 Tealby Crescent! This spacious, newly constructed basement has been built with all the proper permits, ensuring a safe and comfortable living space. It features two cozy bedrooms and a modern

Anurag Sharma,Re/max Twin City Realty Inc.Listed by: Anurag Sharma,Re/max Twin City Realty Inc.
House for rent: 23 MCDOUGALL Road, Waterloo

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$2,400

23 Mcdougall Road, Waterloo, Ontario N2L 2W4

2 beds
1 baths
7 days

Between Erb Street West and Keats Way This freshly painted lower level unit is perfect for mature professionals wanting to be close to uptown Waterloo, UW/WLU, Waterloo Park, shopping, dining while situated on a quiet mature tree lined Beechwood street. The 2 bedroom, 1 bathroom unit offers

Reinhard Geimer,Re/max Twin City Realty Inc.Listed by: Reinhard Geimer,Re/max Twin City Realty Inc.
House for rent: 590 GOLDTHREAD Street Unit# upper level, Waterloo

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$2,700

590 Goldthread Street Unit# Upper Level, Waterloo, Ontario N2V 2X6

3 beds
3 baths
79 days

Winterberry Perfect for the growing family! Located in the highly sought-after Laurelwood neighborhood, close to all amenities. Abraham Erb P.S. And Laurel Heights S.S.,3+1 bedrooms with full finished basement single detached home with Double garage, high quality Canadian solid oak hardwood

Listed by: Li Zhang,Royal Lepage Peaceland Realty
House for rent: 585 THORNDALE Drive, Waterloo

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$3,390

585 Thorndale Drive, Waterloo, Ontario N2T 2R1

5 beds
4 baths
6 days

thorndale dr + ira needle blvd Single house(close to 2000 square feet) in desirable community available end of May. Walking distance to Schools, Walmart , Movie theatre, Shopping Centre, Medical Centre, COSTCO ,four major banks and more. Public, private and catholic schools are all closeby.

Li Li,Green City Realty Inc.Listed by: Li Li,Green City Realty Inc.
House for rent: 483 KINGSCOURT Drive Unit# A, Waterloo

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$2,800

483 Kingscourt Drive Unit# A, Waterloo, Ontario N2K 2X9

3 beds
2 baths
11 days

Davenport Rd to Kingscourt Dr RENT IS $2800 + UTILITIES. AVAILABLE FROM JUNE 1,2025. A beautiful semi-detached backsplit home with 3 beds, 1.5 bath in the most sought after neighborhood of Waterloo. Main floor features an updated kitchen, dining room and a large living room with bright bay

Surjit Sam Pablay,Century 21 Right Time Real Estate Inc.Listed by: Surjit Sam Pablay,Century 21 Right Time Real Estate Inc.
House for rent: 627 COLUMBIA FOREST BOULEVARD, Waterloo

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$3,100

627 Columbia Forest Boulevard, Waterloo, Ontario N2V 2K7

3 beds
4 baths
4 days

Erbsville Columbia Forest Home Backing Onto Greenbelt & Nature Trails. Open Concept Great Room With GasFireplace.Kitchen & Dinette With Centre Island Overlooks Mature Trees and Pond. Walkout Basement PlusLarge LoftOffers More Living Space For Family Enjoyment. Carpet Free at all floors. The

Qingmai Zhou,Homelife Landmark Realty Inc.Listed by: Qingmai Zhou,Homelife Landmark Realty Inc.
House for rent: 627 COLUMBIA FOREST Boulevard, Waterloo

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$3,100

627 Columbia Forest Boulevard, Waterloo, Ontario N2V 2K7

3 beds
4 baths
4 days

ERBSVILLE RD Columbia Forest Home Backing Onto Greenbelt & Nature Trails. Open Concept Great Room With Gas Fireplace.Kitchen & Dinette With Centre Island Overlooks Mature Trees and Pond. Walkout Basement Plus Large LoftOffers More Living Space For Family Enjoyment. Carpet Free at all floors.

Listed by: Qingmai Zhou,Homelife Landmark Realty Inc
House for rent: 687 JACOB Lane, Waterloo

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$3,300

687 Jacob Lane, Waterloo, Ontario N2V 2A7

3 beds
2 baths
18 days

Westmount to Osprey to Jacob Lane A beautiful and bright family home available for lease June 1st. Boasting 3 beds + 2 baths, and four levels of living, there is plenty of room for the family. Walking up you are greeted with landscaped gardens and a spacious covered front porch. Step in to

Zana Jalal,Re/max Twin City Realty Inc., BrokerageListed by: Zana Jalal,Re/max Twin City Realty Inc., Brokerage
House for rent: 564 BALSAM POPLAR Street, Waterloo

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$4,000

564 Balsam Poplar Street, Waterloo, Ontario N2V 0H9

4 beds
4 baths
5 days

ERBSVILLE/SUNDEW/BALSAM POPLAR Stylish Brand-New Detached Home in Vista Hills – Move-In Ready! Welcome to your dream home in the sought-after community of Vista Hills! This stunning, brand-new single detached home blends luxury, comfort, and functionality in one beautiful package —

Sheeba Kaladgi,Royal Lepage Wolle RealtyListed by: Sheeba Kaladgi,Royal Lepage Wolle Realty
House for rent: 287 BUTTONBUSH Street, Waterloo

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$2,950

287 Buttonbush Street, Waterloo, Ontario N2V 0B2

4 beds
3 baths
27 days

Columbia street to Ladyslipper drive, then turn left on Buttonbush Street Fully furnished,4 bed and 2.5baths home available in the desired neighborhood of Vista Hills. Very convenient location close to Costco, University of Waterloo, Wilfred Laurier Uni. and the boardwalk plaza. Available from

Listed by: Simran Sandhu,Century 21 Right Time Real Estate Inc.
House for rent: 845 BRANDENBURG Boulevard, Waterloo

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$1,750

845 Brandenburg Boulevard, Waterloo, Ontario N2T 2X5

1 beds
1 baths
6 days

BRANDENBURG BLVD / ERBSVILLE RD Warm, friendly neighbourhood hosts spacious, basement apartment with separate entrance. Ideal for a single professional or a couple. Nice size bathroom and bedroom with walk-in closet. Convenient laundry space with washer and dyer. Utilities to be shared 70%

Listed by: Seibert Phillips,Royal Lepage Wolle Realty
House for rent: 460 TREMBLING ASPEN Avenue, Waterloo

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$3,050

460 Trembling Aspen Avenue, Waterloo, Ontario N2V 2T1

3 beds
2 baths
2 days

Laurelwood Dr To Wild Ginger Ave AVAILABLE July 1, 2025. Rare opportunity to live in one of Waterloo's most desirable neighbourhoods, Laurelwood! Available immediately! This immaculate 3 bedroom, 2 bathroom detached home is just a 2 minute WALK from Abraham Erb P.S., Laurel Heights S.S., Laurelwood

Matt Campbell,Royal Lepage Wolle RealtyListed by: Matt Campbell,Royal Lepage Wolle Realty
House for rent: 93 EDINBURGH Road S, Guelph

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$4,000

93 Edinburgh Road S, Guelph, Ontario N1H 5P5

5 beds
2 baths
20 days

EDINBURGH/WATERLOO Welcome to 93 Edinburgh Rd South – an entire home available for lease with an open-concept, carpet-free living space. This charming home beautifully blends original character with modern updates. Highlights include hardwood floors, new kitchen flooring, elegant crown

Leanne Giles,Re/max Real Estate Centre Inc.Listed by: Leanne Giles,Re/max Real Estate Centre Inc.
House for rent: 249 BROADACRE DRIVE, Kitchener

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$3,999

249 Broadacre Drive, Kitchener, Ontario N2R 0S5

4 beds
5 baths
22 days

To the left of Sugar Trl *** Absolutely stunning! Just 1 year new! Luxury features include Open-concept, ultra-modern kitchen with an oversized quartz island, designer backsplash & top-of-the-line S/S appliances, separate pantry area with ample storage, high ceilings, upper-level laundry, and

Manisha Sharma,Re/max Real Estate Centre Inc.Listed by: Manisha Sharma,Re/max Real Estate Centre Inc.
House for rent: 210 MARGARET Avenue, Kitchener

9 photos

$1,999

210 Margaret Avenue, Kitchener, Ontario N2H 4J2

2 beds
1 baths
11 days

BLUCHER ST TO MARGARET You’ll love this newly renovated 2-bedroom basement apartment in a LEGAL duplex, available May 1, 2025, for $1,999 + hydro. Located in a prime downtown Kitchener location, just 5 minutes to the LRT, this home offers quick and convenient access to Waterloo and surrounding

Matt Campbell,Royal Lepage Wolle RealtyListed by: Matt Campbell,Royal Lepage Wolle Realty
House for rent: 85 WILHELM Street Unit# 1, Kitchener

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$2,150

85 Wilhelm Street Unit# 1, Kitchener, Ontario N2H 5R9

2 beds
2 baths
3 days

Weber St to Wilhelm St Modern 2-bedroom + den, 2 bathroom, main floor plus basement unit in a duplex, located in the heart of Midtown Kitchener. Just steps from Google, Kitchener GO, GRT, and LRT, you'll also be within walking distance of local favourites like Smile Tiger Coffee, J&B Restaurant,

House for rent: 93 EDINBURGH ROAD S, Guelph

28 photos

$4,000

93 Edinburgh Road S, Guelph (Downtown), Ontario N1H 5P5

5 beds
2 baths
20 days

EDINBURGH/WATERLOO Welcome to 93 Edinburgh Rd South an entire home available for lease with an open-concept, carpet-free living space. This charming home beautifully blends original character with modern updates. Highlights include hardwood floors, new kitchen flooring, elegant crown molding,

Listed by: Leanne Giles,Re/max Real Estate Centre Inc.
House for rent: 17 HAWKSWOOD Drive, Kitchener

25 photos

$3,450

17 Hawkswood Drive, Kitchener, Ontario N2K 4J6

3 beds
3 baths
128 days

Woolwich Street toward Kiwanis Park - Turn Right. Fantastic Home in desirable Location in Waterloo, family friendly neighborhood. This 3 bedroom family home is sure to please featuring main floor office, big family room with fire place, cathedral ceilings, wall storage area and two large windows

Listed by: Li Zhang,Royal Lepage Peaceland Realty

Exploring the Appeal of Finished Basements in Waterloo Homes

Waterloo, Ontario, is a vibrant city known for its dynamic tech industry, prestigious universities, and a thriving real estate market. For home buyers and investors, the allure of a finished basement in a Waterloo home is undeniable. This feature not only enhances the living space but also adds significant value to the property. In this article, we delve into the various aspects of purchasing a home with a finished basement in Waterloo, including zoning considerations, resale potential, lifestyle benefits, and seasonal market trends.

Zoning Considerations for Finished Basements

Before purchasing a home with a finished basement in Waterloo, it's crucial to understand the zoning regulations that may affect your property. The City of Waterloo has specific zoning bylaws that dictate how basements can be used, especially if you plan to convert the space into a rental unit. For instance, properties like this Waterloo house may have zoning restrictions that impact your ability to rent out the basement.

It's advisable to consult with a local real estate expert or the city's planning department to ensure compliance with all zoning laws. This step is essential if you're considering a property with a two-unit house configuration, as it may require specific permits and adherence to safety standards.

Resale Potential of Homes with Finished Basements

Homes with finished basements in Waterloo often boast higher resale values due to the additional living space they provide. A finished basement can serve as a family room, home office, or even a rental suite, making it an attractive feature for potential buyers. For example, a house with two finished kitchens can appeal to buyers looking for multi-generational living arrangements or rental income opportunities.

Investors should consider properties like this bungalow with a walk-out basement, which offers easy access to outdoor spaces and can significantly enhance the property's marketability. Finished basements are particularly appealing in areas with a high demand for rental properties, such as near universities or tech hubs.

Lifestyle Appeal of Finished Basements

For many home buyers, the lifestyle benefits of a finished basement are a major draw. These spaces offer versatility and can be customized to suit various needs, from entertainment areas to guest suites. A house in Uptown Waterloo with a finished basement can provide the perfect balance of urban living and personal space.

Families may appreciate the extra room for children to play, while professionals working from home can benefit from a dedicated office space. Additionally, finished basements can serve as a private retreat for guests, enhancing the overall functionality of the home.

Seasonal Market Trends in Waterloo

The real estate market in Waterloo experiences seasonal fluctuations, with spring and fall typically being the busiest times for buying and selling homes. During these peak seasons, properties with finished basements, such as this Lakeshore house, tend to attract more interest due to their added value and versatility.

In contrast, the winter months may offer opportunities for buyers to find deals on homes with finished basements, as the market tends to slow down. However, it's important to act quickly, as well-priced properties can still move fast. For those considering investment properties, a townhouse with a finished basement in Kitchener can be a strategic choice, given the proximity to Waterloo and the potential for rental income.

Comparing Finished Basements in Different Regions

While Waterloo offers a robust market for homes with finished basements, it's beneficial to compare options in nearby regions. For instance, a house in Mississauga with a finished basement may offer different advantages, such as proximity to Toronto and a larger urban market.

Similarly, exploring properties like a house in Oshawa with a finished basement can provide insights into varying price points and market dynamics. Each region has its unique appeal, and understanding these differences can help buyers make informed decisions.

For those interested in townhouses, a townhouse with a finished basement in Scarborough might offer a different lifestyle and investment potential compared to Waterloo. Evaluating these options can ensure that buyers find the best fit for their needs and goals.