217 Pinegrove Crescent
Waterloo, N2L 4V2
FOR SALE
$899,900
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3 + 3
BEDROOMS 2
BATHROOMS 1 + 1
KITCHENS 13
ROOMS X13210658
MLSID Contact Us
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.
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Nearby Intersections
Property Features
Auto Garage Door Remote, Carpet Free, Water Heater, Water Meter, Private
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Property Details
Address
217 Pinegrove Crescent
City
Postal Code
N2L 4V2
Property Type
Detached, Detached
Lot Size
58' x 105'
Taxes
$4,785 (2025
Basement
Finished with Walk-Out
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
Built-In
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Listing contracted with Homelife/Miracle Realty Ltd
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The bright and inviting main level features spacious principal rooms, premium laminate flooring, fresh professional paint, updated interior doors and railings, and beautifully renovated bathrooms. At the heart of the home is the modern kitchen, showcasing refreshed cabinetry, sleek countertops, and stainless steel appliances-an ideal space for both everyday living and entertaining. The fully finished lower level adds exceptional flexibility with a spacious recreation room, a fourth bedroom, and a full bathroom, making it ideal for growing families, multi-generational living, overnight guests, a home office, or future income potential. Step outside to enjoy a fully fenced backyard offering privacy and plenty of space for children, pets, gardening, or summer BBQs. An attached garage and double driveway provide parking for up to three vehicles. Located on a quiet crescent in the desirable Westvale community, you'll appreciate the convenience of being just minutes from highly regarded schools, beautiful parks and trails, shopping, restaurants, public transit, and easy access to the University of Waterloo, Wilfrid Laurier University, and major commuter routes. Recent updates include premium laminate flooring (2023), stainless steel kitchen appliances, including the fridge and stove (2023), fresh professional paint (2024), roof shingles (2016), and a furnace (2018). This is an exceptional opportunity to own a beautifully maintained home in one of Waterloo's most established and family-friendly communities.
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Welcome to Westvale, one of Waterloo's most sought-after family neighbourhoods. Set on a generous 60-foot corner lot, this lovingly maintained 4-bedroom home offers 2,371 sq ft of finished living space, combining spacious principal rooms, a finished basement, and a private backyard retreat designed for family living. The traditional floor plan features distinct spaces forgathering, relaxing, and connecting. Enjoy family meals in the formal dining room, quiet conversations in the living room, or cozy evenings by the fireplace in the family room. Thoughtful updates and timeless appeal create a warm and welcoming atmosphere throughout. Upstairs, you'll find four spacious bedrooms, offering flexibility for growing families, guests, or a dedicated home office. The finished basement adds even more living space with a bright recreation room featuring a brand-new ceiling and pot lights, making it ideal for movie nights, hobbies, games, or a children's play area. Step outside to your private backyard retreat, complete with a newer deck (2023) featuring custom privacy walls that blend character and function. Mature landscaping, established trees, and the corner-lot setting create a peaceful outdoor space for summer barbecues, morning coffee, and evenings with family and friends. Additional updates include roof shingles (2016) and several updated windows and patio doors over the years. The double garage, mature lot, and exceptional location add both practicality and curb appeal. Located close to parks, shopping, transit, and highly regarded schools, including Resurrection Catholic Secondary School, this is a home where memories are made, milestones are celebrated, and everyday moments feel a little more special. Don't miss your opportunity to become part of this established and welcoming Westvale community. **Interboard listing: Cornerstone Association of REALTORS**
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