217 Pinegrove Crescent

217 Pinegrove Crescent, Waterloo, ON N2L 4V2
21 Days Back Posted
Sell

$899,900

Overview

Type:

Detached

Area:

1100-1500 sq ft (Living Area)

Beds:

6 Bedrooms

Baths:

2 Bathrooms

Furnished:

No

Parking:

Built-In

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 Units

6 Bedrooms

1 Unit
  • $899,900 2 Baths 1100-1500 sq ft (Living Area) May 28th 2026

Property Details

  • Property Type: Residential Freehold
  • Property Sub Type: Detached
  • Lease Terms: N/A
  • Parking Spots: 5
  • Short Term: No
  • Furnished: No
  • Year Built: N/A
  • # of Floors: N/A
  • # of units: 1
  • MLS: X13210658

Features

Auto Garage Door Remote
Carpet Free
Water Heater
Water Meter
Private
None

Nearby Amenities

  • Schools
  • Bus Stations
  • Restaurants
  • Pharmacies
  • Gyms
  • Supermarkets
  • Hospitals
  • Parks
  • Cafes
  • Convenience Stores
  • Gas Stations
  • Laundromats
  • Bars
  • Banks

May lee

Sales Representative At Right At Home Realty

Request A Tour

Mortgage Calculator

Monthly Payment
Principal
Interest on Amortization Period
CMHC Insurance
PST on Mortgage Insurance
Total
Property Price
Interest Rate
%
Down Payment
Amortization

Mortgage Calculator Disclaimer:

Important Disclaimer

Our mortgage calculator provides approximate estimates based solely on the information you enter, designed for illustrative purposes to help you explore options. These results do not constitute personalized financial advice, and May Lee makes no representations or warranties regarding their accuracy or completeness.

Key Assumptions

Calculations presume timely payments, a fixed interest rate throughout the amortization period (though rates may fluctuate in reality), and no changes to your financial situation. Opting for accelerated weekly or bi-weekly payments effectively adds one extra monthly payment annually, potentially shortening your amortization—subject to lender terms and conditions.

Prepayment and Insurance Notes

Prepayment privileges differ by lender; please review your mortgage documents for specifics, especially if switching providers. This tool does not provide binding quotes. Mortgage insurance estimates are illustrative only, varying by age, number of borrowers, coverage type, and provincial taxes—eligibility criteria apply.

Your Next Steps

For tailored guidance and peace of mind, we encourage consulting a licensed mortgage professional or certified financial advisor to ensure decisions align with your unique needs and protect your financial security. Your trust matters to us.

Your Dream Home Awaits — Let’s Connect!

Welcome Back!

Sign in to access your wishlist, compare properties, and explore more about properties.

Create Your Free Account

Sign up to save favorite properties, compare options, and explore more details about properties.

Forgot Your Password?

No worries — reset it in just a few steps.