459 LEE AVENUE, Waterloo

$1,025,000

For sale: Detached

Detached at 459 LEE AVENUE, Waterloo
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13089458

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.

Sold data

Detached homes in Waterloo — recent sold market

Detached homes in Waterloo took a median of 15 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 33, across 157 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.

The median sale price was $799,999.

Homes sold for about 1.0% below asking on average, so there was room to negotiate.

About 39% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
15
Median sale price
$799,999
Sale-to-list ratio
99.0%
Sold above asking
39%

Based on 157 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 459 LEE AVENUE