Residentiae.
For Sale · Cornerstone

459 LEE AVENUE

Cornerstone · N2K1Y1

$1,100,000

4Bedrooms
3Bathrooms
6Parking
4,045Sq Ft
1Storeys

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

RoomLevelDimensions
WorkshopBasement10'3'' x 9'2''
StorageBasement13'2'' x 8'10''
Recreation roomBasement13'0'' x 16'11''
OtherBasement15'1'' x 39'7''
Laundry roomBasement23'2'' x 6'4''
OtherBasement23'4'' x 23'11''
BedroomBasement15'2'' x 13'5''
3pc BathroomBasement9'6'' x 4'10''
Primary BedroomMain level15'6'' x 14'5''
BedroomMain level15'6'' x 11'2''
Living roomMain level16'5'' x 14'6''
KitchenMain level12'10'' x 14'0''
FoyerMain level13'3'' x 6'7''
Family roomMain level14'1'' x 17'0''
Dining roomMain level10'8'' x 14'0''
BedroomMain level12'0'' x 8'10''
4pc BathroomMain level5'6'' x 7'11''
Full bathroomMain level6'0'' 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

Mortgage calculator

Estimated monthly payment

$5,144/mo

Amortization

Loan amount

$880,000

Down payment

$220,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Cornerstone

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

0–14
17%
15–24
14%
25–44
25%
45–64
30%
65+
14%

Tenure

82% owners18% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently 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.

Private viewings

Arrange a private viewing of 459 LEE AVENUE.

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