Listed for:Listed 29 days ago
$899,900

292 Thorncrest Drive

Waterloo (Lakeshore Village), ON N2L 5R5

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 292 Thorncrest Drive, Waterloo, Lakeshore Village

No listing history available

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About 292 Thorncrest Drive, Waterloo, Lakeshore Village

Summarized Description

  • Spacious family home with 3+2 bedrooms and 4 bathrooms.
  • Legal second dwelling for rental income or family.
  • Brand-new kitchen with contemporary design.
  • Private backyard with expansive deck for entertaining.
  • Located near universities and amenities.
  • Over $150,000 in recent improvements.
  • Double-car garage with additional parking for 6.
  • Ideal for growing families or investment opportunities.

Positioned on a premium 66' x 114' lot, Welcome to this impressive family residence in Waterloo's sought-after Lakeshore neighbourhood, featuring approx 3,000 sqft of finished living space with an ideal combination of style, comfort, & income potential. Thoughtfully updated throughout, this home offers 3+2 bedrooms, 4 bathrooms, & over $150,000 in recent improvements, perfectly suited for growing families or multigenerational living. A welcoming double-door entry opens to a bright interior showcasing new ceramic tile flooring in the foyer and kitchen, hardwood floors in the living room, dining room, and office, stylish pot lights, and a warm gas fireplace. The gorgeous brand-new kitchen, completed in June 2026, features contemporary cabinetry, a brand new stove, and a practical design perfect for daily living and entertaining. Step out to the expansive deck overlooking a private, mature treed backyard offering a tranquil, trail-like atmosphere. Upstairs, the generous primary bedroom includes an ensuite bathroom, while two additional spacious bedrooms share a full bath. The professionally finished legal second dwelling, completed in 2023 with over $100,000 invested, includes two bedrooms, a full kitchen, living space, separate entrance, and private laundry, offering valuable mortgage support or comfortable accommodations for extended family. New Water Heater in Sept 2026. Further upgrades include a new walkway to the basement entrance completed in 2023, beautifully landscaped front gardens with an irrigation system and 6 sprinklers, a double-car garage, plus parking for 4 additional vehicles, for 6 total parking spaces. Ideally situated minutes from the University of Waterloo, Wilfrid Laurier University, Conestoga Mall, top-rated schools, parks, trails, and transit. Enjoy exceptional convenience and long-term value as a spacious family home, income-generating investment, or a smart option for university-bound children to live near campus while building equity. RSA

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,920
Land Transfer Tax Fee
$14,473

Rental Items

Rental Equipment
HWT-Gas, Water Softener

Basement Type
Separate Entrance, Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Air Exchanger, Central Vacuum, In-Law Suite, Sump Pump, Water Heater, Water Softener
Security Features
Carbon Monoxide Detectors, Monitored, Smoke Detector
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped, Lawn Sprinkler System, Porch
Pool
None
Property Features
Park, Place Of Worship, Public Transit, School

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
16-30

Construction

Exterior Finish
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
65.93 ft
Lot Depth
114.13 ft

Inclusions

Inclusions
Dishwasher, 2 Stoves, 2 Fridges, 2 Washers, 2 Dryers, 2 Microwaves

Exclusions

Exclusions
N/A

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
3 + 2
Washrooms
4
Kitchens
2
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Main level, 2 Pc Bath
  • Bathroom—
    Second level, 3 Pc Ensuite
  • Bathroom—
    Second level, 4 Pc Bath
  • Laundry—
    Basement level
  • Office—
    Main level, Hardwood Floor
  • Foyer—
    Main level, Ceramic Floor, Double Doors
  • Bathroom—
    Basement level, 4 Pc Bath
  • Primary Bedroom—
    Second level, Hardwood Floor
  • Kitchen—
    Basement level
  • Living Room—
    Basement level, W/O To Yard
  • Bedroom 3—
    Second level
  • Living Room—
    Main level, Combined w/Dining, Hardwood Floor, Gas Fireplace
  • Bedroom 2—
    Basement level
  • Bedroom 2—
    Second level
  • Bedroom—
    Basement level
  • Kitchen—
    Main level, Ceramic Floor, Double Sink, W/O To Deck
  • Breakfast—
    Main level, Ceramic Floor

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 3-piece, Second
  • 4-piece, Basement

Municipality
Waterloo
Neighbourhood
Lakeshore Village
Main cross streets
Glenn Forest / Thorncrest
Zoning
SR2A
Directions
Bearinger Road to Glen Forrest Blvd to Thorncrest Drive

MLS® number
X13793400
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-16
Updated on
2026-09-30
Days on market
29 days
Possession date
2026-10-01
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ESCARPMENT GOLFI REALTY INC.

Home Market Value

Current home valuation for 292 Thorncrest Drive, Waterloo, Lakeshore Village, Waterloo, ON. Listed for $899,900

HOMEH Estimate

?

$1,079,880

Estimated Sales Range

?

$647,928 - $1,511,832

HOMEH Estimate for 292 Thorncrest Drive, Waterloo, Lakeshore Village

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,079,880Low confidence
Based on 4 comparable properties
− $179,980 (17%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $399,900 over $500K

Minimum down payment

$64,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$33,368$25,107$21,418$0
=Total mortgage
$867,575$835,017$786,333$719,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,236monthly$4,077monthly$3,839monthly$3,515monthly
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Land Transfer Tax

Provincial

$14,473

Total Land Transfer Tax

$14,473

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