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Home with brick exterior material, street for 506 Lonelm Crt #A, Waterloo Ontario N2L 5E1
23 hours on Market

506 Lonelm Crt #A, Waterloo, Ontario N2L 5E1

Detached
4 + 1
3 + 1
~1536 sqft
$599,900
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Detached
4 + 1
3 + 1
~1536 sqft

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Highlights

Property Estimate

Days on market23 hours

Estimated valueNot available

Price/Sqft$390/sqft

Monthly cost

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Description

This rare, newly renovated, and well-maintained FREEHOLD LINK home offers unmatched privacy on a peaceful cul-de-sac. With 1,536 sq ft of finished living space, this flexible layout easily accommodates up to 5 bedrooms. With no shared walls in the primary living areas and a completely detached second floor, it looks almost like a detached home from the outside. 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 parks 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. Enjoy being just minutes from UW, Laurier, and Conestoga College, while 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!


Upcoming Open Houses

Jul 19Sun6:00 PM - 10:00 PM
Jul 18Sat6:00 PM - 10:00 PM
Jul 17Fri6:00 PM - 10:00 PM

Property Details

StyleResidential
View-
Age of property1973
SqFt~1536 SqFt
Lot Size3,152 SqFt(107.31 x 29.38)
Parking Spaces3
MLS ®Number40844270
Community NameLakeshore
Data SourceITSO
Listing byPEAK REALTY LTD.

Features

Heating: Forced Air, Natural Gas, Heat Pump
Cooling: Central Air
Basement: Separate Entrance, Full, Finished

Main Floor

Kitchen

15.05 x 7.03

Bathroom

2.46 x 0.97

2-Piece

Bedroom

3.33 x 2.54

Living Room

3.53 x 3.33


Features

Lot size: 3,152 SqFt
Sewer (Municipal)

Parking

Garage spaces 1

Garage type -

Other parking spaces 2

Total parking spaces 3


Property History

Jul 16, 2026
ListedActive
$599,900
23 hours on market
history photo preview32
Listing by itso®
Property listed by PEAK REALTY LTD., Brokerage
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Market Data - Lakeshore

Geo Zone Map ThumbnailLakeshore

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2025

27 days

2024

11 days

2023

9 days

New Listings

Past 30 days

16 listings

Compared to

2025

11 listings

2024

10 listings

2023

12 listings

Units sold

Past 30 days

9 units

Compared to

2025

8 units

2024

5 units

2023

9 units

Median Sold Price

Past 30 days

$766,000

Compared to

2025

$732,500

2024

$820,000

2023

$820,000


Population and Demographics

Overview

Total population 3044
Average household income $96,715

Age (%)

0 to 19
22%
20 to 34
30%
35 to 49
17%
50 to 64
16%
65 and plus
15%

Household composition (%)

Single family
61%
Single person
26%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
78%
Others
4%
Mandarin
4%
Spanish
2%
Arabic
2%
German
2%
Somali
1%
Hindi
1%
Iranian Persian
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget