For Sale: 217 Pinegrove Crescent, Waterloo, ON - REW
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$899,900
6 bd • 2 ba • 1346 sf • House
217 Pinegrove Crescent
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$899,900
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217 Pinegrove CrescentWaterloo, ON, N2L 4V2

  • 6 Bed
  • 2 Bath
  • 1346 Sqft
  • House

About this home

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-ready home 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 room offers flexibility as a home office, entertainment area, guest suite. The legal lower-level apartment includes a separate double-door walk-out entrance, large bright windows, generous living space, eat-in kitchen, spacious bedrooms, 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 floor 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, and Highway 85, this exceptional property offers the perfect combination of lifestyle and income potential in one of Waterloo's most desirable neighbourhoods.
Listed by: Ajay Shah, HOMELIFE/MIRACLE REALTY LTD, BROKERAGE

Home facts and features

Price details
List Price
$899,900
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Gross Taxes for 2026
$4,785
Home facts
Bedrooms
6
Full Bathrooms
2
Parking Spaces
5
Parking Details
Garage Door Opener, Attached Garage
Property Type
House
Lot Size
57 ft x 104 ft (6032 ft²)
Depth
104.9
Frontage
57.5
Style
Bungalow
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Basement Details
Separate Entrance,Walk-Out Access,Full,Finished
Features
Auto Garage Door Remote(s), In-suite
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
HOMELIFE/MIRACLE REALTY LTD, BROKERAGE
Secondary Agent
Secondary Broker
Non-MEM Brokerage
Listing details
Days on REW
52 Days
Property Views
13
MLS® Number
40834624
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

Sir Edgar Bauer Catholic Elementary School
  • Catholic
  • JK - 8
Cedarbrae Public School
  • Public
  • JK - 6
N A MacEachern Public School
  • Public
  • JK - 6
Northlake Woods Public School
  • Public
  • JK - 8
Winston Churchill Public School
  • Public
  • JK - 6
St David Catholic Secondary School
  • Catholic
  • 9 - 12
Waterloo Collegiate Institute
  • Public
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
Laurelwood Public School
  • Public
  • JK - 8
Centennial (Waterloo) Public School
  • Public
  • 7 - 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
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Call Agent
Ajay Shah
Phone:
(416) 809-2555
Office:
416-747-9777
Non Mem
Office:
123-123-1234
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