Salehian.com 647-325-5000

292 THORNCREST Drive

Waterloo, N2L 5R5

$899,900

Reduced $70,000 from $969,900

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  • 3+2 bedrooms
  • 4 bathrooms
  • 6 parking
  • 1500-2000 sq ft

Listed 33 days ago · MLS® X13793400

About this home

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

Details

Type
Detached
Style
2-Storey
Age
16-30 years
Size
1500-2000 sq ft
Lot
65.93 × 114.13 ft
Basement
Separate Entrance, Finished
Garage
Attached
Kitchens
2
Property tax
$7,920 (2026)
Municipality
Waterloo
Price per sq ft
$514 (about the same as detached houses in Waterloo)

Interior

Bedrooms
3 above ground + 2 below
Bathrooms
1 × 2-piece (main), 1 × 4-piece (second), 1 × 3-piece (second), 1 × 4-piece (basement)
Kitchens
2 (1 below ground)
Rooms
8 above ground + 5 below
Family room or den
Yes
Fireplace
Natural Gas
Features
Air Exchanger, Central Vacuum, In-Law Suite, Sump Pump, Water Heater, Water Softener

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Aluminum Siding, Brick
Roof
Asphalt Shingle
Foundation
Poured Concrete
Age
16-30 years
Faces
North
Outdoor
Deck, Landscaped, Lawn Sprinkler System, Porch

Parking

Garage spaces
2
Total parking
6
Driveway and parking
Private Double

Lot

Size
65.93 × 114.13 ft
Acreage
< .50

More

Possession
Available ASAP
Nearby
Park, Place Of Worship, Public Transit, School
Cross street
Glenn Forest / Thorncrest

Rooms

RoomLevelSizeFeatures
BathroomMain2 Pc Bath
FoyerMain4.49 × 2.79 m (14'9" × 9'2")Ceramic Floor, Double Doors
Living RoomMain7.56 × 3.68 m (24'10" × 12'1")Combined w/Dining, Hardwood Floor, Gas Fireplace
KitchenMain3.93 × 3.12 m (12'11" × 10'3")Ceramic Floor, Double Sink, W/O To Deck
BreakfastMain3.07 × 2.13 m (10'1" × 7')Ceramic Floor
OfficeMain3.81 × 3.53 m (12'6" × 11'7")Hardwood Floor
Primary BedroomSecond6.7 × 3.68 m (22' × 12'1")Hardwood Floor
BathroomSecond3 Pc Ensuite
Bedroom 2Second4.19 × 5.35 m (13'9" × 17'7")
Bedroom 3Second3.42 × 3.65 m (11'3" × 12')
BathroomSecond4 Pc Bath
Living RoomBasement3.68 × 4.24 m (12'1" × 13'11")W/O To Yard
KitchenBasement2.21 × 3.63 m (7'3" × 11'11")
BedroomBasement3.68 × 3.22 m (12'1" × 10'7")
Bedroom 2Basement4.36 × 3.93 m (14'4" × 12'11")
BathroomBasement2.71 × 1.6 m (8'11" × 5'3")4 Pc Bath
LaundryBasement4.36 × 3.53 m (14'4" × 11'7")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Somewhat walkable

  • 🚇 Research and Technology LRT14 min walk
  • 🚇 University of Waterloo LRT1.6 km

Within a 10-minute walk: no grocery stores, 0 cafés and restaurants, 6 parks. Nearest park: Canewood Park (300 m).

Schools nearby

Elementary

  • Cedarbrae Public School
    EQAO: Gr 6 reading 76%, math 14%    8 min walk
  • N.A. MacEachern Public School
    EQAO: Gr 6 reading 90%, math 55%    13 min walk
  • Sir Edgar Bauer Catholic Elementary School Catholic
    EQAO: Gr 6 reading 86%, math 60%    13 min walk
  • Northlake Woods Public School
    EQAO: Gr 6 reading 97%, math 78%    1.6 km

Secondary

  • St. David Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%    2.0 km
  • Waterloo Collegiate Institute
    EQAO: Gr 9 math 57%, literacy test 85%    2.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 6 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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