$999,900
 $5,368 est/mo Sourced by Back At You

292 Thorncrest Drive,Waterloo, ON N2L 5R5

Waterloo, ON N2L 5R5

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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

Details

MLS #40843841
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive Under Contract
Year1999
Days On Site58
Listing Provided ByRE/MAX Escarpment Golfi Realty Inc. | Rob Golfi

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet1,989
Garage2
BasementY
Story(s)2
ZoningSR2A
Acreage0.17

Interior

AppliancesWater Softener
Rooms Total14
Interior FeaturesHigh Speed Internet, Air Exchanger, Central Vacuum, In-Law Floorplan
CoolingCentral Air
Cooling Yes / NoNo
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Fireplaces Total1
Fireplace FeaturesElectric
Laundry FeaturesLower Level, Main Level

Exterior

Exterior FeaturesLandscaped, Lawn Sprinkler System
Lot FeaturesUrban, Highway Access, Hospital, Landscaped, Park, Place of Worship, Playground Nearby, Public Transit, Quiet Area, Schools, Shopping Nearby, Trails
Construction MaterialsBrick, Vinyl Siding
RoofAsphalt Shing
Foundation DetailsPoured Concrete
Patio And Porch FeaturesDeck, Porch
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)

Parking

Garage Spaces2
Parking FeaturesAttached Garage
Open Parking Yes / NoYes
Attached Garage Yes / NoYes

Utilities

UtilitiesCable Connected, Cell Service, Electricity Connected, Natural Gas Connected, Street Lights
SewerSewer (Municipal)

Taxes

Tax Annual Amount7920.4

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 5R5
Area4 Waterloo West
Subarea442 Lakeshore North
Community Name442 Lakeshore North
School DistrictWaterloo C.I / St. David Catholi
Elementary SchoolCedarbrae Public (Jk-6)/ Macgreg
High SchoolWaterloo C.I / St. David Catholi
Listing VS Median (in 442 Lakeshore North)
Price:
$999,900
low | high
Med:
$649,000
85.093509350935% of Average
sqft:
1,989
low | high
Med:
1,020
98.717948717949% of Average
$ / sqft:
$503
low | high
Med:
$636
23.432343234323% of Average
On site:
58
low | high
Med:
78
74.358974358974% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 5R5
Area4 Waterloo West
Subarea442 Lakeshore North
Community Name442 Lakeshore North
School DistrictWaterloo C.I / St. David Catholi
Elementary SchoolCedarbrae Public (Jk-6)/ Macgreg
High SchoolWaterloo C.I / St. David Catholi
Listing VS Median (in 442 Lakeshore North)
Price:
$999,900
low | high
Med:
$649,000
85.093509350935% of Average
sqft:
1,989
low | high
Med:
1,020
98.717948717949% of Average
$ / sqft:
$503
low | high
Med:
$636
23.432343234323% of Average
On site:
58
low | high
Med:
78
74.358974358974% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $749K - $1.249M
sqft: 1,000 - 2,000
Listing Updated: August 25, 2026 at 9:29:23 AM PDT