459 Lee Avenue
Waterloo, ON
- 3 bed
- 2 bath
- approx. 2000-2500 sqft
- Detached
- 129 days on market
Welcome to 459 Lee Avenue - Where Space, Comfort & Lifestyle Meet. Tucked into the heart of Colonial Acres, one of Waterloo's most desirable neighbourhoods, this beautiful raised bungalow offers a rare blend of space, privacy, and effortless single-level living on a stunning, tree-lined 85 x 130 ft lot. Surrounded by mature trees, it feels like a private retreat while remaining minutes from everything. Inside, a bright, thoughtfully designed layout features over 2,000 sq ft on the main floor, including an oversized living room anchored by a classic brick wood-burning fireplace-perfect for entertaining or relaxing evenings at home. A separate bedroom wing provides quiet separation for families or guests, while a sun-filled rear sunroom overlooks the backyard, ideal for morning coffee or evening unwinding. Step outside to a backyard designed for living, with a tiered deck, pergola, and outdoor wood-burning fireplace, all framed by mature pines and lush landscaping for exceptional privacy. The lower level features a heated indoor pool-a rare year-round amenity that can also be reimagined as additional living space, a home gym, or an in-law suite. Located just minutes from RIM Park, Conestoga Mall, top-rated schools, and the ION LRT, this home sits in a quiet, established community known for its large lots and strong sense of neighbourhood. With key updates already completed, including roof, windows, and 200-amp service, this move-in ready home offers the perfect balance of lifestyle, flexibility, and location.
Virtual Tour
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Listing Details
- Taxes (2026)
- $6,903
- Originally Listed
- $1,200,000
- Listed
- May 6, 2026
Price History
Property
- Style
- Bungalow
- Age
- 31-50
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Auto Garage Door Remote, Central Vacuum, Floor Drain, On Demand Water Heater, Sauna, Separate Heating Controls, Upgraded Insulation, Water Heater, Water Heater Owned, Water Softener
- Lot Size
- 85.71 x 130.08 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Conestoga Parkway East and Lexington Road North
- Zoning
- SR2
- Parcel Number
- 222870458
- Possession
- Flexible
- Occupancy
- Owner
Included
- Exclusions
- Wolfe Gas Stove
Schools
Elementary
- Sandowne Public School0.7 km
Public · Waterloo Region DSB · 245 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 35% met the provincial standard
- KidsAbility School0.8 km
Hospital · KidsAbility E A · 90 students
- St Matthew Catholic Elementary School1.1 km
Catholic · Waterloo CDSB · 425 students
Grade 3 reading: 86% met the provincial standard · Grade 6 math: 72% met the provincial standard
Secondary
- St David Catholic Secondary School2.3 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- Waterloo Collegiate Institute2.7 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
Residential Freehold in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,030
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,030 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Rooms
3-piece, 4-piece
Main
- Bathroom9'11" x 6'
- Bathroom7'11" x 5'6"
- Bedroom11'2" x 15'6"
- Bedroom8'10" x 12'
- Dining Room14' x 10'8"
- Family Room17' x 14'1"
- Foyer6'7" x 13'3"
- Kitchen14' x 12'10"
- Living Room14'6" x 16'5"
- Primary Bedroom14'5" x 15'6"
Basement
- Bathroom4'10" x 9'6"
- Bedroom13'5" x 15'2"
- Laundry6'4" x 23'2"
- Other8'10" x 13'2"
- Other
- Other
- Recreation16'11" x 13'
- Workshop9'2" x 10'3"
Listed by
EXP REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$205,000
Estimated Monthly Payment
$5,036
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $5,036/mo (20% down, 5.5%)
Taxes: $575/mo · Insurance: $256/mo
Estimates only. Consult a financial advisor.
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