A - 503 LONELM Court
Waterloo, Ontario
3 bed • 3 bath • Single Family
Perfect First Home or Turnkey Investment! This move-in-ready 3-bedroom, 3-bathroom freehold link home is tucked away on a quiet cul-de-sac and feels like a detached home with its own private driveway and backyard. Offering over 1,700 sq. ft. of finished living space (including a walkout basement with in-law suite potential), it features numerous updates including new flooring and paint (2026), roof and attic insulation (2021), heat pump and furnace (2023), deck (2024), and carport roof and support posts (2025/2026). Ideally located close to the universities, schools, transit, shopping, expressway, and conservation parks, this home offers exceptional convenience and excellent income potential.
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 School1.4 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute1.7 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
- 1,028
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,028 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$113,000
Estimated Monthly Payment
$2,776
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,776/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $141/mo
Estimates only. Consult a financial advisor.