
A - 506 LONELM Court
Waterloo, Ontario
5 bed • 3 bath • Single Family
This rare, newly renovated, and well-maintained LINK home offers unmatched privacy on a peaceful cul-de-sac. With all 3 levels beautifully finished, this flexible layout can accommodate up to 5 bedrooms. 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 entire home is carpet-free, with waterproof vinyl flooring, modern baseboards, and matching staircases (all 2026). It also features 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 thermostats and a heat pump (2023) that can both heat and cool. 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 an oversized 5th bedroom. Exterior updates include a freshly painted private deck and front siding (2026). The extended carport is extremely useful as a shelter from snow, rain, and sun. The newly sealed 53-foot driveway provides parking for up to 3 cars (2026). Nestled in a mature and established 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, surrounded by trails, parks, and local schools. It is 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 updated and move-in ready, this property is an ideal home for growing families and an impressive opportunity for savvy investors. Schedule your showing today!
Price History
Schools
Elementary
- Cedarbrae Public School0.7 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
- Sir Edgar Bauer Catholic Elementary School0.8 km
Catholic · Waterloo CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 60% met the provincial standard
- Winston Churchill Public School1 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
Secondary
- St David Catholic Secondary School1.5 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute1.8 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- Bluevale Collegiate Institute4 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% 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 N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
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
- 1,026
- Median days on market
- 22
- Sale-to-list price
- 99.8%
Based on 1,026 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$125,980
Estimated Monthly Payment
$3,095
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,095/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $157/mo
Estimates only. Consult a financial advisor.