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    For Sale - 217 Pinegrove Crescent, Waterloo, Ontario

    Est payment $3,841/mo
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    Time on Jump  3 day

    AI Summary *

    • Spacious detached bungalow with a legal walk-out basement apartment for rental income.
    • Located minutes from major universities, ideal for student housing or multi-generational living.
    • Bright main floor with three bedrooms, large windows, and an updated kitchen.
    • Private backyard perfect for relaxing or entertaining, plus parking for up to five vehicles.
    • Conveniently close to schools, shopping, and public transit options.




    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.
    Listing IDX13135292
    Address217 Pinegrove Crescent
    CityWaterloo, Ontario
    Price$799,900
    Bed / Bath6 / 2 Full
    StyleBungalow, Detached
    ConstructionBrick, Stone
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Auto Garage Door Remote, Carpet FreeOwnership FreeholdBasement Finished with Walk-OutFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  HOMELIFE/MIRACLE REALTY LTD

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    217 Pinegrove Crescent
    Waterloo , Ontario
    6 2 $799,900
    Get more info