Property Type: Detached HouseOwnership: Freehold

503 LONELM Court Unit# A

Waterloo, BC N2L5C9

$565,000

3 bed3.5 bath2 parking1,849 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Style
Other
Stories
2
Frontage
26 feet

RMU-40

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,726

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer

Exterior & Lot

Exterior features
Wood, Brick
Lot features
Cul-de-sac, Paved driveway

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
2 — uncovered indicated
Features
None

Room Dimensions

RoomLevelDimensions
4pc BathroomBasement
Family roomBasement10'6'' x 28'0''
BedroomSecond level9'0'' x 9'8''
BedroomSecond level16'0'' x 10'5''
4pc BathroomSecond level
2pc BathroomMain level
Primary BedroomSecond level16'0'' x 10'5''
KitchenMain level15'6'' x 7'4''
Living roomMain level11'2'' x 21'0''

Listing Information

MLS®
40852864
Listed
August 13, 2026
Time on market
On the market for 32 days
Data last synced
September 15, 2026

Listing provided by: Royal LePage Peaceland Realty · Data source: CREA DDF.

Description

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. (id:63159)

Values & Trends

This listing

$306/sqft

Building average

No other active listings in this building

421 - Lakeshore/Parkdale average

$447/sqft

13 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

13°C

Humidity 88%

Wind SE 2 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$452,000.00
Periodic payment — Principal & Interest (monthly)$2,916.15
Additional monthly expenses (strata, tax, utilities, etc.)$402.50
Total monthly cost$3,318.65
Interest paid over 5-yr term$129,544.50
Balance at end of term$406,575.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,102.43

Cash Needed at Closing

Minimum down payment$31,500
Estimated BC PTT$9,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,300

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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