Waterloo · Colonial Acres/East Bridge · Detached · MLS# 40824946
459 LEE Avenue
4
bed
3
bath
4,045
sqft
1976
built
Detached · $297/sqft
Listed May 6, 2026
About this home.
Welcome to 459 Lee Avenue in the sought after neighbourhood of Colonial Acres—a classic bungalow offering over 2,000 sq ft of main-floor living. A slate-tiled foyer opens to an expansive living room with a classic indoor wood-burning fireplace, while a quiet bedroom wing provides three bedrooms and two baths. At the back, a sun-filled flex room looks onto the yard, and the lower level surprises with an indoor pool, ready for year-round use or future conversion to additional living space.The 85 × 130 ft lot is fully fenced and framed by mature trees, delivering uncommon privacy. Limestone steps connect a tiered deck, generous seating areas and an outdoor wood-burning fireplace—ideal for relaxed entertaining. Vinyl windows (2010), roof shingles (2017), 200-amp service and a double driveway add peace of mind, while RIM Park, Conestoga Mall, top schools and the ION Light Rail Transit are all just minutes away. (id:59491)
The full record.
How this listing prices against Colonial Acres/East Bridge.
21
Sales
$925,000
Median price
20
Days on market
96.3%
% of list
30
Active listings
N/A
Months supply
Colonial Acres/East Bridge was one of Waterloo's busiest pockets, with 23 sales and 31 active listings over the last 30 days. The average price reached $1,122,674, far above the city average, but the median was lower at $925,000, showing how much a few high-end sales pulled the average upward. Homes took about 29 days to sell and closed at 95.57% of list, which reads as a fairly balanced higher-end market rather than an overheated one. Freeholds dominated the activity, while condo sales were limited and priced in a completely different tier.
Read the full Waterlooreport →Estimate the monthly carry.
Estimated monthly payment
$5,495
Estimate only. Excludes property tax, condo fees, and insurance.
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