Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

506 LONELM Court Unit# A

Waterloo, BC N2L5E1

$459,900

5 bed3.5 bath3 parking1,725 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
House
Style
Contemporary
Stories
2
Frontage
29 feet

MD

Ownership & Fees

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

Interior

Basement
Finished, Full
Heating
Heat Pump, Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
None
Appliances
Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings

Exterior & Lot

Exterior features
Brick, Aluminum siding
Lot features
Cul-de-sac, Paved driveway
Fencing
Partially fenced

Building

Foundation
Poured Concrete
Water source
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas, Electricity, Cable
Security
Smoke Detectors

Parking

Total spaces
3 — covered indicated
Features
Carport

Room Dimensions

RoomLevelDimensions
Utility roomBasement8'9'' x 15'
3pc BathroomBasement5'5'' x 8'9''
Laundry roomBasement3'3'' x 8'3''
BedroomBasement10'10'' x 27'4''
4pc BathroomSecond level5'8'' x 6'9''
BedroomSecond level8'11'' x 9'2''
BedroomSecond level10'3'' x 12'8''
BedroomSecond level10'3'' x 13'9''
2pc BathroomMain level3'2'' x 8'1''
BedroomMain level8'4'' x 10'11''
Living roomMain level10'11'' x 11'7''
KitchenMain level7'4'' x 15'3''

Listing Information

MLS®
40861869
Listed
September 10, 2026
Time on market
On the market for 5 days
Data last synced
September 15, 2026

Listing provided by: PEAK REALTY LTD. · Data source: CREA DDF.

Description

Rarely offered and fully renovated, this south-facing semi-link home gets tons of natural light on a quiet, low-traffic cul-de-sac. 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, featuring waterproof vinyl flooring, modern baseboards, matching staircases, 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 thermostat and a heat pump (2023) for efficient heating and cooling. 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 oversized 5th bedroom. This flexible layout can maximize rental income and is eligible for a 5-bedroom licence. Exterior highlights include a freshly painted private deck and front siding (2026). The long carport provides useful shelter from snow, rain, and sun, while the newly sealed 53-foot driveway accommodates up to 3 cars (2026). Nestled in a mature 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, and the home is surrounded by trails, parks, and local schools. It’s 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 finished across all 3 levels, this move-in ready home is an outstanding opportunity for growing families or savvy investors alike! (id:63159)

Values & Trends

This listing

$267/sqft

Building average

No other active listings in this building

421 - Lakeshore/Parkdale average

$454/sqft

13 active listing(s)

Parking: 3 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: 5.0% ($22,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,920.00
Periodic payment — Principal & Interest (monthly)$2,373.69
Additional monthly expenses (strata, tax, utilities, etc.)$396.50
Total monthly cost$2,770.19
Interest paid over 5-yr term$105,446.93
Balance at end of term$330,945.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,995
Stress test qualifying rate8.09%
Payment you must qualify for$3,359.65

Cash Needed at Closing

Minimum down payment$22,995
Estimated BC PTT$7,198
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,693

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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