$799,900
FOR SALE

Detached Bungalow

Bedrooms: 6Bathrooms: 2Lot: 57.57 x 104.9 ft
2025 Taxes: $4,784.61

217 Pinegrove Cres
Waterloo, ON N2L 4V2

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 readyhome 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 rm offers flexibility as a home office, entertainment area, or guest suite. The legal lower-level apartment includes a separate double-dr walk-out entrance, large bright windows, generous living space, eat-in kitchen, spacious bdrms, 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 flr 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, Highway 85, this exceptional property offers the perfect combination of lifestyle, convenience, and income potential in one of Waterloo's most desirable neighbourhoods.
Extras
Auto Garage Door Remote, Carpet Free
Share
Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13135292
Last Updated May 15, 2026
Property Summary
Property Type Detached

More like this:
PIN 222700084
Legal Description LT 59 PL 1215 CITY OF WATERLOO; S/T 348462; WATERLOO
Taxes (2025) $4,784.61
Directions/Cross Streets GLEN MANOR BLVD AND PINGROVE CRESCENT
Area Waterloo
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On South
Special Designations Unknown
Bedrooms 6
Bathrooms 2
Lot 57.57 x 104.9 ft
Exterior Brick
Air Conditioning Central Air
Family Room Y
Basement Finished with Walk-Out
Garage Type Built-In
Garage/Park Spaces Y
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)