459 LEE AVENUE
Cornerstone · N2K1Y1
$1,100,000
About this residence
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. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4 (3 above, 1 below)
- Bathrooms
- 3
- Storeys
- 1
- Living area
- 4,045 sq ft
- Lot size
- 0.26
- Frontage
- 86 feet
- Parking
- 6 spaces
- Fireplace
- 2
- Year built
- 1976
- Annual tax
- $6,603
- MLS®
- 40824946
- Board
- Cornerstone
- Status
- Active
- Listed
- May 6, 2026
- Updated
- Jun 27, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Basement | 10'3'' x 9'2'' |
| Storage | Basement | 13'2'' x 8'10'' |
| Recreation room | Basement | 13'0'' x 16'11'' |
| Other | Basement | 15'1'' x 39'7'' |
| Laundry room | Basement | 23'2'' x 6'4'' |
| Other | Basement | 23'4'' x 23'11'' |
| Bedroom | Basement | 15'2'' x 13'5'' |
| 3pc Bathroom | Basement | 9'6'' x 4'10'' |
| Primary Bedroom | Main level | 15'6'' x 14'5'' |
| Bedroom | Main level | 15'6'' x 11'2'' |
| Living room | Main level | 16'5'' x 14'6'' |
| Kitchen | Main level | 12'10'' x 14'0'' |
| Foyer | Main level | 13'3'' x 6'7'' |
| Family room | Main level | 14'1'' x 17'0'' |
| Dining room | Main level | 10'8'' x 14'0'' |
| Bedroom | Main level | 12'0'' x 8'10'' |
| 4pc Bathroom | Main level | 5'6'' x 7'11'' |
| Full bathroom | Main level | 6'0'' x 9'11'' |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Water softener
- Hood Fan
- Garage door opener
- Central Vacuum
- Sauna
Heating
- In Floor Heating
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Finished
Exterior
- Brick
Parking
- Attached Garage
Lot
- Corner Site
- Automatic Garage Door Opener
- Skylight
Sewer & Utilities
- Municipal sewage system
- Cable
- Electricity
- Natural Gas
- Telephone
Community
- Quiet Area
- Community Centre
- School Bus
Pool
- Indoor pool
Architecture
- Bungalow
Financing
Estimated monthly payment
$5,144/mo
Loan amount
$880,000
Down payment
$220,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · N2K- 29,381
- Population
- 40
- Median age
- $120,000
- Median income
- $800,000
- Median home value
- 82%
- Home ownership
- 21 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 459 LEE AVENUE?
459 LEE AVENUE is listed for $1,100,000, in Cornerstone.
How many bedrooms and bathrooms does 459 LEE AVENUE have?
It offers 4 bedrooms and 3 bathrooms.
What type of home is 459 LEE AVENUE?
459 LEE AVENUE is a Single Family, House set over 1 storey, built in 1976.
How large is 459 LEE AVENUE?
The home offers approximately 4,045 sq ft of living space on a lot measuring 0.26.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $5,144. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $6,603 per year.
Is there parking?
Yes — 459 LEE AVENUE includes 6 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 29,381, a median age of 40, a 82% home-ownership rate, with an average commute of about 21 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $800,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $120,000.
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