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292 THORNCREST Drive, Waterloo — listed at $899,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Positioned on a premium 66' x 114' lot, Welcome to this impressive family residence in Waterloo's sought-after Lakeshore neighbourhood, featuring approx 3,000 sqft of finished living space with an ideal combination of style, comfort, & income potential. Thoughtfully updated throughout, this home offers 3+2 bedrooms, 4 bathrooms, & over $150,000 in recent improvements, perfectly suited for growing families or multigenerational living. A welcoming double-door entry opens to a bright interior showcasing new ceramic tile flooring in the foyer and kitchen, hardwood floors in the living room, dining room, and office, stylish pot lights, and a warm gas fireplace. The gorgeous brand-new kitchen, completed in June 2026, features contemporary cabinetry, a brand new stove, and a practical design perfect for daily living and entertaining. Step out to the expansive deck overlooking a private, mature treed backyard offering a tranquil, trail-like atmosphere. Upstairs, the generous primary bedroom includes an ensuite bathroom, while two additional spacious bedrooms share a full bath. The professionally finished legal second dwelling, completed in 2023 with over $100,000 invested, includes two bedrooms, a full kitchen, living space, separate entrance, and private laundry, offering valuable mortgage support or comfortable accommodations for extended family. New Water Heater in Sept 2026. Further upgrades include a new walkway to the basement entrance completed in 2023, beautifully landscaped front gardens with an irrigation system and 6 sprinklers, a double-car garage, plus parking for 4 additional vehicles, for 6 total parking spaces. Ideally situated minutes from the University of Waterloo, Wilfrid Laurier University, Conestoga Mall, top-rated schools, parks, trails, and transit. Enjoy exceptional convenience and long-term value as a spacious family home, income-generating investment, or a smart option for university-bound children to live near campus while building equity. RSA (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Basement | — |
| Bedroom | Basement | 10'1'' x 11'7'' |
| Bedroom | Basement | 10'1'' x 11'7'' |
| Kitchen | Basement | 7'8'' x 12'9'' |
| Living room/Dining room | Basement | 12'1'' x 13'11'' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 12'0'' x 11'3'' |
| Bedroom | Second level | 17'7'' x 13'9'' |
| 3pc Ensuite bath | Second level | — |
| Primary Bedroom | Second level | 12'11'' x 22'0'' |
| 2pc Bathroom | Main level | — |
| Office | Main level | 11'7'' x 12'6'' |
| Kitchen | Main level | 13'0'' x 17'0'' |
| Living room/Dining room | Main level | 12'1'' x 24'10'' |
How is the space laid out across floors?+
This is a 2-storey single family. The 5 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How many fireplaces are there, and what type?+
This home has 1 fireplace. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,920.4, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 6 spaces — Attached Garage.
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