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$ 899,900
Est. payment /mo
Price Dropped by $30K
217 Pinegrove CRES Waterloo, ON N2L 4V2
6 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID X13210658
Style Bungalow
Bedrooms 6
Annual Tax Amount $4,784
Tax Year 2025
Property Sub-Type Detached
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.
Location
Province ON
County Waterloo
Area Waterloo
Rooms
Family Room Yes
Basement Finished with Walk-Out
Kitchen 2
Separate Den/Office 3
Interior
Interior Features Auto Garage Door Remote, Carpet Free, Water Heater, Water Meter
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 57.57
Lot Depth 104.9
Total Parking Spaces 5
Building
Foundation Concrete
Others
ParcelsYN No
Listed by HOMELIFE/MIRACLE REALTY LTD