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$899,900
Status: For Sale
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13210658 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :15 Jun, 2026 (51 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Waterloo |
|---|---|
| Postal Code | :
N2L 4V2
|
| Price | : $899,900 |
|---|---|
| Property Taxes | :$4784.61 |
| Tax Year | :2025 |
|---|
| Bedrooms | :3 + 3 |
|---|---|
| No. of Rooms | :13 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Cross Street | :GLEN MANOR BLVD AND PINGROVE CRESCENT |
| Bathrooms | :2 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Fireplace/Stove | :Yes |
| Living Room | :5.96 m x 3.81 m |
|---|---|
| Kitchen | :3.35 m x 2.74 m |
| Primary Bedroom | :4.14 m x 3.35 m |
| Bedroom 3 | :3.07 m x 2.92 m |
| Kitchen | :4.39 m x 3.76 m |
| Bedroom 5 | :4.01 m x 2.77 m |
| Dining Room | :3.78 m x 2.77 m |
|---|---|
| Family Room | :3.89 m x 3.68 m |
| Bedroom 2 | :3.53 m x 2.72 m |
| Living Room | :8.28 m x 3.76 m |
| Bedroom 4 | :3.68 m x 3.2 m |
| Office | :3.09 m x 3.07 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :5 |
| Basement | :Finished with Walk-Out |
| Garage | :Built-In |
|---|
15 Jun, 2026
TREB #X13210658
Price Change
$899900.0
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$899,900
217 Pinegrove Crescent, Waterloo, ON
Listing ID #X13210658
Price drop by $30,000
Price drop by $30,000