Address
292 Thorncrest Drive, Waterloo, ON
Price
$ 999,900
Property Attributes
- MLS#40843841
- TypeSingle Family
- Listing Status Active
- CityWaterloo
- Area4 - Waterloo West
- Neighbourhood442 - Lakeshore North
- Postal CodeN2L 5R5
- Style
- Year Built1999
- Taxes$ 7920
- Price$ 999,900
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage1989
Data Source:
Ontario Regional (ITSO)
Property Description
Set on a premium 66' x 114' lot, Welcome to an exceptional family home in Waterloo's prestigious Lakeshore neighbourhood, offering approx 3,000 sqft of finished living space and the perfect blend of luxury, functionality, & income potential. This beautifully updated property features 3+2 bedrooms, 4 bathrooms, & over $150,000 in recent upgrades, making it ideal for growing families, multigenerational living. A charming double-door entry leads to a bright & inviting interior featuring new ceramic tile flooring in the foyer and kitchen, hardwood floors throughout the living room, dining room, and office, elegant pot lights, and a cozy gas fireplace. The stunning brand-new kitchen, just completed in June 2026, offers modern cabinetry, a brand new stove, and a functional layout designed for everyday living and entertaining. Walk out to the huge deck overlooking a private, mature treed backyard with a peaceful trail-like setting. The second floor offers a massive primary bedroom with an ensuite bathroom and two additional spacious bedrooms sharing a full bath. The professionally finished legal second dwelling, completed in 2023 with over $100,000 invested, features two bedrooms, a full kitchen, living area, separate entrance, and private laundry, providing excellent mortgage support or space for extended family. Additional improvements include a newly constructed walkway to the basement entrance in 2023, beautifully landscaped front gardens with an irrigation system featuring 6 sprinklers, a double-car garage, and parking for 4 more vehicles, totaling 6 parkings. Ideally located just minutes from the University of Waterloo, Wilfrid Laurier University, Conestoga Mall, top-rated schools, parks, trails, and transit. This property offers unmatched convenience and long-term value in terms of a spacious family home, an income-generating investment property, or a home that allows your university-bound children to live close to campus while building equity. RSA
| Elementary School | High School |
|---|---|
| Cedarbrae Public (Jk-6)/ Macgregor Public (7-8) / Sir Edgar Bauer Catholic Elementary School | Waterloo C.I / St. David Catholic Secondary High School |
| Price History | |
|---|---|
| 6/29/2026 | Listed $1,049,900 |
| 7/17/2026 | 5$999,900 |
General Features
| Living Area | 1989 |
|---|---|
| Sewer | Sewer (Municipal) |
| Heating | Forced Air,Natural Gas |
| Cooling | Central Air |
| Utilities | Cable Connected,Cell Service,Electricity Connected,Natural Gas Connected,Street Lights |
| Roof | Asphalt Shing |
| Appliances | Water Softener |
| Zoning | SR2A |
| Garage Spaces | 2 |
| Patio/Porch Features | Deck,Porch |
| Security Features | Carbon Monoxide Detector(s),Smoke Detector(s) |
| Construction Materials | Brick,Vinyl Siding |
| Year Built | 1999 |
| Stories Count | 2 |
| Property Subtype | Single Family Residence |
| County | Waterloo |
| New Construction | false |
| Property Type | Residential |
| Attached Garage | true |
| Facing Direction | South |
| Garage Y/N | true |
| Total Rooms | 14 |
| Full Baths | 3 |
| Status | Active |
| Directions | Bearinger Road to Glen Forrest Blvd to Thorncrest Drive |
| High School | Waterloo C.I / St. David Catholic Secondary |
| City | Waterloo |
| Senior Community Y/N | false |
| Open Parking Spaces | 4 |
| MLS Area | 4 - Waterloo West |
| Elementary School | Cedarbrae Public (Jk-6)/ Macgregor Public (7-8) / Sir Edgar Bauer Catholic |
| Property Attached Y/N | false |
| MLS Area Minor | 442 - Lakeshore North |
| Virtual Tour | https://youtu.be/9OYjlWbY7Dc |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Other |
| Virtual Tour | https://youtu.be/B__MMicHLgQ |
Interior Features
| Interior Amenities | High Speed Internet,Air Exchanger,Central Vacuum,In-Law Floorplan |
|---|---|
| Basement | Separate Entrance,Full,Finished,Sump Pump |
| Total Fireplaces | 1 |
| Fireplace Features | Electric |
| Kitchen Level | Basement,Main |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | true |
| Above Grade Finished Area | 1989 |
| Half Baths | 1 |
| Laundry Features | Lower Level,Main Level |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 948 |
| Main Level Bathrooms | 1 |
| Below Grade Finished Area Unit Type | Square Feet |
| Below Grade Finished Area Source | Other |
| Above Grade Finished Area Source | Other |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 4 |
Exterior Features
| Exterior Amenities | Landscaped,Lawn Sprinkler System |
|---|---|
| Parking Features | Attached Garage |
| Lot Features | Urban,Highway Access,Hospital,Landscaped,Park,Place of Worship,Playground Nearby,Public Transit,Quiet Area,Schools,Shopping Nearby,Trails |
| Water Source | Municipal |
| Total Parking | 6 |
| Inclusions | Other,2 Stoves, 2 Fridges, Dishwasher, 2 Washers & 2 Dryers, 2 Microwaves. |
| Foundation Details | Poured Concrete |
| Building Area Total | 2937 |
| Lot Dimensions | 65.93 x 114.13 |
| Frontage Length | 65.93 |
| Frontage Type | North |
| Lot Size Source | GeoWarehouse |
| Waterfront Y/N | false |
| Covered Spaces | 2 |
| Road Frontage Type | Municipal Road |
| Crops Included Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Data provided by the Ontario Regional Technology & Information Systems. The information is deemed reliable, but is not guaranteed. Not intended to solicit buyers or sellers, landlords or tenants currently under contract.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned