For Sale: 121 Steeplechase Way, Waterloo, ON - REW
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$997,700
6 bd 4 ba 2000 - 2499 sf House

121 Steeplechase WayWaterloo, ON, N2K 0E7

  • 6 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • House

About this home

Priced to Sell !!!! Walkout Legal Basement, Ravine Lot !! 2-5 Minutes drive to University of Waterloo. A rare opportunity to own one of the most desirable homes currently available for SALE in the city !!!!! Nestled on a premium ravine lot backing onto protected green space and scenic walking trails, this exceptional property offers privacy, nature, and income potential all in one.This beautifully upgraded home features over 3,000 sq. ft. of finished living space, including a legal walkout basement apartment currently generating approximately $2,000/month in rental income, making it an ideal mortgage helper or perfect setup for multi-generational living.The bright and spacious main residence offers 4 generous bedrooms, 3 upgraded bathrooms, elegant living and family rooms, a modern kitchen, second-floor laundry, and abundant natural light throughout. Enjoy breathtaking views of the protected greenspace from the large deck, perfect for entertaining family and friends or summer BBQs.The fully finished legal walkout basement features 2 spacious bedrooms, a modern kitchen, a stylish 3-piece bathroom, and a separate entrance, providing excellent rental income potential.Additional highlights include a double-car garage, ample driveway parking, pot lights throughout, modern finishes, and a quiet family-friendly neighborhood.Located in the highly sought-after Kiwanis Park area, close to the Grand River, walking trails, parks, top-rated schools, Grey Silo Golf Club, Conestoga Mall, and both the University of Waterloo and Wilfrid Laurier University. Waterloo is recognized as one of Canada's most educated and innovative cities, making this location highly desirable for families and investors alike.A truly one-of-a-kind offering combining a premium ravine lot, legal walkout income suite, spacious family living, and an unbeatable location. Properties with this combination of features rarely become available. Book your private showing today! (id:63626)
Listed by: DHARMENDER KUMAR, Broker of Record, Homelife Miracle Realty Ltd

Home facts and features

Price details
List Price
Gross Taxes for 2025
$6,836
Home facts
Bedrooms
6
Full Bathrooms
3
Partial Bathrooms
1
Parking Spaces
4
Parking Details
Garage
Property Type
House
Depth
98.6 feet
Frontage
36.1 feet
Title
Freehold
Exterior Finish
Concrete, Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Walk out,
Features
Backs on greenbelt
Appliances
Central Vacuum, Garage door opener remote(s)
Agent details
Primary Agent
DHARMENDER KUMAR
Primary Broker
Homelife Miracle Realty Ltd
Listing details
Days on REW
2 Days
MLS® Number
X13575294
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Matthew Catholic Elementary School
  • Catholic
  • JK - 8
Lexington Public School
  • Public
  • JK - 6
Sandowne Public School
  • Public
  • JK - 6
St Luke Catholic Elementary School
  • Catholic
  • JK - 8
Lester B Pearson Public School
  • Public
  • JK - 8
Millen Woods Public School
  • Public
  • JK - 6
Lincoln Heights Public School
  • Public
  • JK - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Bluevale Collegiate Institute
  • Public
  • 9 - 12
St Agnes Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-18.