508 Kelso Place, Waterloo MLS Number: 40732452

Forever Home With In-Law/Income Potential-Welcome to 508 Kelso Place, a rare & incredibly versatile side-by-side legal duplex tucked into a quiet court in Waterloo’s sought-after Conservation Meadows. Set on a premium ¼-acre lot in a park-like setting w/ a 175’ deep backyard oasis & inground pool, this beautifully updated home offers 4,600+ SF of living space, parking for 6, & the flexibility to live, earn, or share. The main home features 3 bedrms & 4 bathrms, beginning w/ a sunken entry that leads to a show-stopping great rm w/ soaring ceilings, floor-to-ceiling windows, & a striking gas fireplace. The chef’s kitchen is equally impressive, w/ oversized island, premium appliances, integrated dining area, & direct access to the backyard. A 2-pce bath completes the main. Upstairs, you’ll find a spacious primary suite w/ WI closet & tiled glass shower ensuite, plus 2 additional bedrms, a 4-pce bath, & a bright loft-style media/den space. The finished basement includes a large rec rm, 2-pce bath (w/ shower rough-in), & shared laundry. The attached 2-bedrm bungalow suite-complete w/ its own private entrance-is perfect for an in-law, nanny, garden suite, or potential income-generating rental. It offers an open-concept living rm, updated kitchen w/ island & integrated dining area, walkout to a private deck w/ gazebo, a main floor primary suite w/ WI closet & updated 4-pce ensuite, plus a finished basement w/ a large rec rm w/ gas fireplace, 4-pce bath, & additional bedrm. Loaded w/ updates throughout-pot lights, designer light fixtures, luxury vinyl flooring, & more—this home is turnkey & ready for whatever your needs may be. Whether you're seeking multi-generational living, mortgage-offset income, a private guest suite, or short-term rental potential, this home delivers the ultimate in flexibility & value. Ideally located just steps from trails, parks, & Laurel Creek, & only minutes to St. Jacobs Market, Costco, & HWY access, & more! Don't miss out, this home won't last!