217 PINEGROVE Crescent, WATERLOO

2026-05-29
 

Quick Summary

Location
217 PINEGROVE Crescent, WATERLOO, Ontario N2L4V2
Price
$899,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1346 sqft
Bedrooms:
3 bed +3
Bathrooms:
2
Garages:
5

MLS®#40834624

Property Description

Great Buying and Investment & Multi-Generational Living Opportunity in the Heart of Waterloo! Welcome to this stunning, bright, and spacious detached bungalow situated on a premium wide lot in one of Waterloo's most sought-after locations, just minutes from University of Waterloo and Wilfrid Laurier University. Perfect for families, investors, and savvy buyers seeking strong rental potential and long-term appreciation, this beautifully renovated and move-in-ready home offers exceptional versatility with a legal walk-out bsmt apartment complete with occupancy certificate from the City of Waterloo - ideal for generating additional rental income, student housing, or multi-generational living, making it a rare positive cash flow opportunity in a high-demand university district. The main level features 3 spacious bdrms, oversized windows filled with natural light, elegant new 8mm luxury vinyl flooring (2026) fresh modern paint, new upgraded lighting with Decora style switches and plugs and a stylish kitchen with custom pull-out drawers and built-in beverage bar, while the family room offers flexibility as a home office, entertainment area, guest suite. The legal lower-level apartment includes a separate double-door walk-out entrance, large bright windows, generous living space, eat-in kitchen, spacious bedrooms, office/flex rm, separate laundry, and abundant storage, creating excellent rental appeal for students, professionals, or extended family. Additional highlights include no carpet throughout, main floor and bsmt laundry for easy convenience, oversized single garage with inside entry, parking for up to 5 vehicles, and a private backyard retreat perfect for relaxation and entertaining. Ideally located close to schools, shopping, public transit, ION LRT, St. Jacobs Farmers' Market, Conestoga Mall, expressways, and Highway 85, this exceptional property offers the perfect combination of lifestyle and income potential in one of Waterloo's most desirable neighbourhoods. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit, Shopping

Building

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Garage door opener
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick, Stone
  • Fireplace: No
  • Interior Size: 1346 sqft
  • Building Type: House
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: Automatic Garage Door Opener

Land

  • Land Size: under 1/2 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Zoning

  • Description: SR3

Information entered by HOMELIFE MIRACLE REALTY LTD
Listing information last updated on: 2026-06-15 16:12:59


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