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About this home
217 Pinegrove Crescent, Waterloo
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.
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Rooms
13 rooms · 2 bathrooms
- Living room19′7″ × 12′6″244 sq.ft.
- Dining room12′5″ × 9′1″113 sq.ft.
- Kitchen11′ × 9′99 sq.ft.
- Family room12′9″ × 12′1″154 sq.ft.
- Primary bedroom13′7″ × 11′149 sq.ft.
- Bedroom 211′7″ × 8′11″103 sq.ft.
- Bedroom 310′1″ × 9′7″96 sq.ft.
- Living room27′2″ × 12′4″335 sq.ft.
- Kitchen14′5″ × 12′4″178 sq.ft.
- Bedroom 412′1″ × 10′6″127 sq.ft.
- Bedroom 513′2″ × 9′1″120 sq.ft.
- Office10′2″ × 10′1″102 sq.ft.
- Utility room10′ × 9′2″92 sq.ft.
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