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Ashkan Rasouli

lifeintorontoca@yahoo.com +1(647) 763-4243

$ 799,900

Est. payment -/mo

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Open Sat 1PM-3PM

217 Pinegrove CRES Waterloo, ON N2L 4V2

6 Beds

2 Baths

Open House

Sat May 16, 1:00pm - 3:00pm

Sun May 17, 1:00pm - 3:00pm

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 X13135292

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 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.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Basement Finished with Walk-Out

Kitchen 2

Interior

Interior Features Auto Garage Door Remote, Carpet Free

Cooling Central Air

Inclusions Fridge, Stove, Built in Dishwasher(2026), Microwave, Washer and Dryer(2026). Fridge and stove in the basement, Microwave, Washer and Dryer (2025) in the basement. New luxurious 8 mm vinyl floor on the main level(2026), 8 mm Luxurious Vinyl floors in the basement bedrooms(2025). All existing electrical light fixtures, Garage Door Opener with keypad.

Exterior

Parking Features Built-In

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 5

Building

Foundation Concrete

Others

Virtual Tour https://tours.parasphotography.ca/2387111?idx=1

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