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For Sale · Waterloo · Lexington/Lincoln Village

$659,000

488 COLT Street, Waterloo

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Bedrooms

3 (1 half)

Bathrooms

1,440

Size

About This Home

The details.

Bright, impeccably maintained freehold townhouse nestled in Waterloo's highly desirable Lexington neighbourhood. Designed for modern living, the open-concept main floor offers a spacious kitchen complete with stainless steel appliances, a well-appointed dining area, and an inviting great room that seamlessly connects to the outdoors. Step out to the expansive deck, perfect for summer entertaining, morning coffee, or...

Summarizing the highlights...

MLS® 40839771Listing courtesy of RE/MAX Aboutowne Realty Corp.View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Size: 1,440 sqft
Lot size: 0 acres
Storeys: 2
Parking: 2 spaces
Listed on: 2026-06-29
Days on market: 29
MLS number: 40839771
Data source: Cornerstone Association of REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Waterloo: 14 days

Waterloo median asking

$645K

519 active listings

Est. rent / month

$2,801

From live asking rents in this market

Est. rental yield

5.10%

Gross, asking price vs asking rents

Price per sqft

$458

Based on 1,440 sqft interior

How fast is this listing moving?

FastSlow

Market demandHot

QuietHot

74 new this week of 519 active listings in Waterloo, blended with typical days on market.

Where this price sits in Waterloo

$220KThis listing$1.5M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

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Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$3,082

$527,200 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,082

Cash flow

-$3,082

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Waterloo right now

519

Active listings

New this week

$645,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Transit stations: 21
Malls + supermarkets: 55
Pharmacies + hospitals: 54
People in the immediate area: 643
Density per square km: 1,061
City population: 121,436
Median household income: $94,000

The neighbourhood

Lexington/Lincoln Village.

A varied corner of Waterloo

Lexington/Lincoln Village, Waterloo is a part of Waterloo where single-family houses make up most of what comes to market. JULY is tracking 24 active listings here right now. The median asking price is $712,000. That runs about 14% above the Waterloo median, which is usually the price of location rather than size. This is an established area, with the typical home built around 1995.

3 listings are sitting below what comparable homes in this sub-area are asking, with the widest gap around 25%. Space costs about $394 per square foot.

The closest bus stop is about 4 minutes away on foot, with groceries about 6 minutes, the nearest park about 4 minutes, a school about 6 minutes.

Median asking price: $695,000
Median price: $397/sqft
Active listings: 29
Shops nearby: 55
Parks: 412

50Doorstep Score

JULY's own measure of how much daily life sits within a short walk of this address.

Park 2 min walk
Bus stop 3 min walk
School 9 min walk
Pharmacy 17 min walk

The Neighbourhood

Living in Waterloo.

Household and demographic stats for Waterloo, from the Statistics Canada 2021 Census.

121,436
Population (2021): 36
Median age: 47,040
Households: 2.5
Avg household size: 61.3%
Home ownership: $94,000
Median household income

Waterloo market trends

The immediate block around this home (right here): about 643 residents in 273 homes, 1,061 people/km² (suburban).

Source: Statistics Canada 2021 Census, Waterloo, City, Ontario; block-level figures from dissemination area 35300874.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

8.4of 10
St Matthew Catholic Elementary School
510 m
catholic · elementary
Rank 369 of 3,587 in BC (2022/2023) · FSA literacy + numeracy
7.8of 10
Lexington Public School
530 m
public · elementary
Rank 870 of 3,587 in BC (2022/2023) · FSA literacy + numeracy
6.7of 10
Sandowne Public School
1.5 km
public · elementary
Rank 1,945 of 3,587 in BC (2022/2023) · FSA literacy + numeracy

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Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.