217 PINEGROVE Crescent, Waterloo, Ontario, N2L4V2
Bathrooms2 Bedrooms6
Property TypeSingle Family Building Area2482 sqft

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 readyhome 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 rm offers flexibility as a home office, entertainment area, or guest suite. The legal lower-level apartment includes a separate double-dr walk-out entrance, large bright windows, generous living space, eat-in kitchen, spacious bdrms, 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 flr 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, Highway 85, this exceptional property offers the perfect combination of lifestyle, convenience, and income potential in one of Waterloo's most desirable neighbourhoods. (id:10648)


Details
GarageYes CarportNo
Attached GarageYes Open ParkingNo
Parking Total5 WaterfrontNo
Architectural StyleBungalow Frontage Length58 ft
ViewNo
Building
Cooling TypeCentral air conditioning CoolingYes
HeatingForced air Heating FuelNatural gas
Levels1 PoolNo
SewerMunicipal sewage system Stories1
Level Type Dimensions
Basement4pc BathroomMeasurements not available
BasementBedroom10'2'' x 10'1''
BasementBedroom13'2'' x 9'1''
BasementBedroom12'1'' x 10'6''
BasementEat in kitchen14'4'' x 12'4''
BasementLiving room27'2'' x 12'4''
Main level4pc BathroomMeasurements not available
Main levelBedroom10'1'' x 9'6''
Main levelBedroom11'6'' x 8'11''
Main levelPrimary Bedroom13'6'' x 11'0''
Main levelFamily room12'8'' x 12'1''
Main levelKitchen11'0'' x 9'0''
Main levelDining room12'5'' x 9'1''
Main levelLiving room19'7'' x 12'6''

Listing Office: HOMELIFE MIRACLE REALTY LTD

Data Provided by Cornerstone Association of REALTORS®

Last Modified :Sun, 17 May 2026 19:09:43 GMT

Map
Street View

Agent Details

Powered by SoldPress.