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503 LONELM Court Unit# A, Waterloo — listed at $450,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Perfect First Home or Turnkey Investment! This move-in-ready 3-bedroom, 3-bathroom freehold link home is tucked away on a quiet cul-de-sac and feels like a detached home with its own private driveway and backyard. Offering over 1,700 sq. ft. of finished living space (including a walkout basement with in-law suite potential), it features numerous updates including new flooring and paint (2026), roof and attic insulation (2021), heat pump and furnace (2023), deck (2024), and carport roof and support posts (2025/2026). Ideally located close to the universities, schools, transit, shopping, expressway, and conservation parks, this home offers exceptional convenience and excellent income potential. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Basement | — |
| Family room | Basement | 10'6'' x 28'0'' |
| Bedroom | Second level | 9'0'' x 9'8'' |
| Bedroom | Second level | 16'0'' x 10'5'' |
| 4pc Bathroom | Second level | — |
| 2pc Bathroom | Main level | — |
| Primary Bedroom | Second level | 16'0'' x 10'5'' |
| Kitchen | Main level | 15'6'' x 7'4'' |
| Living room | Main level | 11'2'' x 21'0'' |
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 2 spaces — None.
How is the space laid out across floors?+
This is a 2-storey single family. The 3 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is this a good starter home?+
At $450,000, this is priced in starter-home territory for Waterloo. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is 503 LONELM Court Unit# A a good fit for a growing family?+
With 3 bedrooms and 3 bathrooms (1849 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
This home was built in 1972 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
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