Lexington, Waterloo Neighborhood Guide
Lexington is a mature and centrally located neighbourhood in north Waterloo known for its established homes, excellent schools, convenient shopping access, and strong community atmosphere. The neighbourhood offers a mix of suburban comfort and urban accessibility, making it popular among families, professionals, and retirees. The area features detached homes, townhouses, condominiums, and apartment buildings built across several decades, providing a wide variety of housing options for different buyers. Residents enjoy close proximity to Conestoga Mall, universities, parks, recreation facilities, and major commuter routes throughout Waterloo Region. With mature tree-lined streets and a well-established residential feel, Lexington continues to attract steady buyer demand and long-term property value growth. As more buyers and sellers look to maximize value in today’s market, many are turning to smarter real estate solutions. Top 1% REALTORS® at Modern Solution Realty have helped over 5,000+ clients, saving more than $20M+ in commission and providing over $8M+ in cashback incentives. With a 4.8-star Google rating, those buying or selling in Lexington are increasingly taking advantage of 1% commission listings and $5,000 cashback programs.
Average Home Prices in Lexington
- Average Detached Price: $1,000,000
- Average Townhouse Price: $725,000
- Average Condo Price: $575,000
Just Listed in Waterloo
The newest homes for sale across Waterloo from the last 30 days — Lexington buyers often shop the surrounding neighbourhoods too.
- 283 Fairway Road N 90, Waterloo — 1 bed, 1 bath, $231,000
- 619 Wild Ginger Avenue H50, Waterloo — 2 bed, 3 bath, $299,900
- 704 Brandenburg Boulevard, Waterloo — 5 bed, 4 bath, $999,000
- 592 Little Dover Crescent, Waterloo — 3 bed, 3 bath, $749,900
- 435 Winchester Drive 22, Waterloo — 2 bed, 4 bath, $900,000
- 285 Albert Street W, Waterloo — 4 bed, 2 bath, $599,999
- 765 Angler Way, Waterloo — 3 bed, 3 bath, $699,000
- 449 Knightsbridge Court, Waterloo — 4 bed, 4 bath, $1,350,000
See everything just listed in Waterloo
Restaurants in Lexington
Residents enjoy nearby restaurants, cafés, and casual dining options throughout Waterloo.
- Molly Bloom's Irish Pub
- Wildcraft Grill + Long Bar
- Bauer Kitchen
- Proof Kitchen + Lounge
- Sole Restaurant and Wine Bar
Shopping in Lexington
The neighbourhood is conveniently located near major retail and shopping amenities.
- Conestoga Mall
- Waterloo Town Square
- The Boardwalk
- Costco Wholesale Waterloo
Schools near Lexington
- Bluevale Collegiate Institute
- Lexington Public School
- St David Catholic Secondary School
- Winston Churchill Public School
- Waterloo Independent Secondary School
- KW Montessori School
- St Jude's School
Parks & Outdoors in Lexington
Residents enjoy nearby parks, trails, and recreational green spaces.
- Bechtel Park
- RIM Park
- Walter Bean Grand River Trail
- Waterloo Park
Arts & Culture in Lexington
Residents enjoy access to Waterloo’s arts, festivals, and entertainment venues.
- Canadian Clay and Glass Gallery
- Waterloo Public Square
- Perimeter Institute for Theoretical Physics
- Centre In The Square
Frequently Asked Questions
Where is Lexington located?
Lexington is a neighborhood located in Waterloo, Ontario, Canada.
What schools are in Lexington?
Lexington is served by schools including Bluevale Collegiate Institute, Lexington Public School, St David Catholic Secondary School, Winston Churchill Public School, Waterloo Independent Secondary School, KW Montessori School.
What parks are near Lexington?
Popular parks near Lexington include Bechtel Park, RIM Park, Walter Bean Grand River Trail, Waterloo Park.
How much commission do I pay to sell a home in Lexington?
Modern Solution Realty lists homes in Lexington, Waterloo for a 1% listing commission — significantly less than the traditional 2.5% — with the same full service.
Do I get cashback when buying a home in Lexington?
Yes. When you buy a home in Lexington, Waterloo through Modern Solution Realty, you receive $5,000 cashback at closing.
Looking to buy a home in Lexington, Waterloo? Browse homes for sale in Waterloo with Modern Solution Realty's 1% listing commission and $5,000 buyer cashback.