$599,900
Waterloo
#A 506 LONELM Court, Waterloo, Ontario, N2L5E1
This 5-bedroom, 3-bathroom home in Waterloo is for sale offering roughly 1,725 sq ft of space. Listed at $599,900, it is attractively priced about 31% below the $875,000 median asking price in Waterloo. It has been on the market 39 days, fresher than the Waterloo average of 67 days.
Rarely offered and fully renovated, this south-facing semi-link home captures maximum sunlight on a quiet, low-traffic cul-de-sac. With no shared walls in the primary living areas and a completely detached second floor, it looks and feels almost like a detached home. The home is 100% carpet-free, featuring waterproof vinyl flooring, modern baseboards, matching staircases, new LED lighting, and premium SW paint throughout (all 2026). The fully updated kitchen showcases new cabinets, countertops, a stylish sink and faucet, and a built-in pantry (all 2026). Three upgraded washrooms (one on each floor) offer new vanities, flooring, and faucets (all 2026). The home also includes smart thermostat and a heat pump (2023) for efficient heating and cooling. A separate back entrance leads to the professionally finished lower level, featuring higher-than-average ceilings, bright egress windows, and a versatile 27-foot space ideal as a family rec room, movie theatre, or oversized 5th bedroom. This flexible layout can maximize rental income and is eligible for a 5-bedroom licence. Exterior highlights include a freshly painted private deck and front siding (2026). The long carport provides useful shelter from snow, rain, and sun, while the newly sealed 53-foot driveway accommodates up to 3 cars (2026). Nestled in a mature community, this home is perfectly situated between the universities and Waterloo's business sector. Both UW and WLU are just 3–5 minutes by direct bus or a short bike trip away, and the home is surrounded by trails, parks, and local schools. It’s also close to Conestoga Mall, St. Jacobs Market, and the Albert McCormick CC, with seamless commuter access to the LRT, major bus routes (9, 19, 91), and Hwy 85. Beautifully finished across all 3 levels, this move-in ready home is an outstanding opportunity for growing families or savvy investors alike! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 39 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 5-bed single family in Waterloo has been listed for 39 days, which is 28 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,900, about 8.6× the local median household income of $69,500.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 69% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.