Tom Linkletter

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217 PINEGROVE CRESCENT, Waterloo, Ontario

$929,900

6 Beds
2 Baths

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:23309)

Listing ID: X13210658
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom 5	Basement	4.01 m x 2.77 m
Office	Basement	3.09 m x 3.07 m
Utility room	Basement	3.05 m x 2.79 m
Living room	Basement	8.28 m x 3.76 m
Kitchen	Basement	4.39 m x 3.76 m
Bedroom 4	Basement	3.68 m x 3.2 m
Living room	Main level	5.96 m x 3.81 m
Dining room	Main level	3.78 m x 2.77 m
Kitchen	Main level	3.35 m x 2.74 m
Family room	Main level	3.89 m x 3.68 m
Primary Bedroom	Main level	4.14 m x 3.35 m
Bedroom 2	Main level	3.53 m x 2.72 m
Bedroom 3	Main level	3.07 m x 2.92 m

Details

Architectural Style: Bungalow
Equipment: Water Heater
Features: Carpet Free
Ownership: Freehold
Parking Spaces: 5
Rental Equipment: Water Heater
Transaction: For sale

Building

Appliances: Garage door opener remote(s), Water Heater, Water meter, Dishwasher, Dryer, Garage door opener, Microwave, Stove, Washer, Refrigerator
Architectural Style: Bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Walk out
Bedrooms Main Level: 3
Bedrooms Lower Level: 3
Construction Style Attachment: Detached
Cooling: Central air conditioning
Exterior Finish: Brick
Fireplace Present: True
Flooring: Vinyl, Laminate, Tile
Foundation: Concrete
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1100 - 1500 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 57 ft ,7 in
Size Irregular: 57.6 x 104.9 FT

Listing provided by HOMELIFE/MIRACLE REALTY LTD
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 217 PINEGROVE CRESCENT in Waterloo Ontario. It was last modified on May 28th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Waterloo properties for sale.

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