292 THORNCREST Drive
Waterloo, BC N2L5R5
$999,900
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Frontage
- 66 feet
SR2A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,920.4
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Electric, Other - See remarks
- Appliances
- Water softener, Central Vacuum
Exterior & Lot
- Exterior features
- Brick, Vinyl siding
- Lot features
- Southern exposure, Sump Pump, In-Law Suite
Building
- Foundation
- Poured Concrete
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Utilities
- Natural Gas, Electricity, Cable
- Security
- Smoke Detectors
Parking
- Total spaces
- 6 — covered indicated
- Features
- Attached Garage
Room Dimensions
| 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'' |
Listing Information
- MLS®
- 40843841
- Listed
- June 29, 2026
- Time on market
- On the market for 77 days
- Data last synced
- September 15, 2026
Listing provided by: RE/MAX Escarpment Golfi Realty Inc. · Data source: CREA DDF.
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 (id:63159)
Values & Trends
This listing
$340/sqft
Building average
—
No other active listings in this building
442 - Lakeshore North average
$456/sqft
8 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
13°C
—
Humidity 88%
Wind SE 2 km/h
Today
23°
Tonight
17°
Wednesday
26°
Wednesday night
12°
Thursday
25°
Thursday night
13°
Source: Environment and Climate Change Canada.
Nearby Schools
No schools found within a reasonable distance of this property.
Nearby Transit
No TransLink stops within an ~10-minute walk.
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.