488 COLT Street
Waterloo, Ontario
3 bed • 3 bath • Single Family
Bright, impeccably maintained freehold townhouse nestled in Waterloo's highly desirable Lexington neighbourhood. Designed for modern living, the open-concept main floor offers a spacious kitchen complete with stainless steel appliances, a well-appointed dining area, and an inviting great room that seamlessly connects to the outdoors. Step out to the expansive deck, perfect for summer entertaining, morning coffee, or simply relaxing in your private backyard setting, backing onto only one neighbouring property.The carpet-free main floor adds both style and practicality. Upstairs, you'll find three generously sized bedrooms, two full bathrooms, and the convenience of second-floor laundry. Ideally located close to shopping, schools, parks, public transit, and everyday amenities, this move-in-ready home offers the perfect blend of comfort, privacy, and convenience. Some photos virtually staged. Roof '23 AC ' 22
Price History
Property
- Lot Size
- 0.05 acres
Schools
Elementary
- St Matthew Catholic Elementary School0.5 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 72% met the provincial standard
- Lexington Public School0.5 km
Public · Waterloo Region DSB · 355 students
Grade 3 reading: 77% met the provincial standard · Grade 6 math: 60% met the provincial standard
- Sandowne Public School1.5 km
Public · Waterloo Region DSB · 245 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 35% met the provincial standard
Secondary
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- St David Catholic Secondary School3.5 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute3.9 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2K
- Population
- 29,381
- Private dwellings
- 10,815
- Median age
- 40.4
- Average household size
- 2.8
- Median household income
- $120,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,034
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,034 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$131,800
Estimated Monthly Payment
$3,237
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,237/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $165/mo
Estimates only. Consult a financial advisor.
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