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121 Steeplechase Way, Waterloo, ON N2K 0E7

Waterloo, ON, N2K 0E7

6 Beds
4 Baths
Sq Ft
2 Parking
Detached Type
X13238464 MLS#

About this property

Priced to Sell !!!! Walkout Legal Basement, Ravine Lot !! 2-5 Minutes drive to University of Waterloo. A rare opportunity to own one of the most desirable homes currently available for SALE in the city !!!!! Nestled on a premium ravine lot backing onto protected green space and scenic walking trails, this exceptional property offers privacy, nature, and income potential all in one.This beautifully upgraded home features over 3,000 sq. ft. of finished living space, including a legal walkout basement apartment currently generating approximately $2,000/month in rental income, making it an ideal mortgage helper or perfect setup for multi-generational living.The bright and spacious main residence offers 4 generous bedrooms, 3 upgraded bathrooms, elegant living and family rooms, a modern kitchen, second-floor laundry, and abundant natural light throughout. Enjoy breathtaking views of the protected greenspace from the large deck, perfect for entertaining family and friends or summer BBQs.The fully finished legal walkout basement features 2 spacious bedrooms, a modern kitchen, a stylish 3-piece bathroom, and a separate entrance, providing excellent rental income potential.Additional highlights include a double-car garage, ample driveway parking, pot lights throughout, modern finishes, and a quiet family-friendly neighborhood.Located in the highly sought-after Kiwanis Park area, close to the Grand River, walking trails, parks, top-rated schools, Grey Silo Golf Club, Conestoga Mall, and both the University of Waterloo and Wilfrid Laurier University. Waterloo is recognized as one of Canada's most educated and innovative cities, making this location highly desirable for families and investors alike.A truly one-of-a-kind offering combining a premium ravine lot, legal walkout income suite, spacious family living, and an unbeatable location. Properties with this combination of features rarely become available. Book your private showing today!

Features & Amenities

  • Basement: Finished with Walk-Out
  • Garage: Attached
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Concrete, Vinyl Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Detached
Architectural Style 2-Storey
Bedrooms 6
Bathrooms 4
Basement Finished with Walk-Out
Garage Attached
Parking Spaces 2
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $6,836
Tax Year 2025

Interior Features

Interior Features
Auto Garage Door Remote

Exterior Features

Exterior Features
Patio, Deck, Backs On Green Belt
Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Concrete, Vinyl Siding
Foundation Details
Brick, Concrete Block
Roof
Asphalt Shingle
Basement
Finished with Walk-Out
Approximate Age
6-15

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Attached
Garage
Yes
Parking Spaces
2
Parking Total
4.00
Parking Features
Private
Covered Spaces
2

Lot & Land

Lot Size Units
Feet
Lot Depth
98.58
Lot Width
36.05

Financial & Tax

Tax Annual Amount
$6,836
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
13
Rooms Below Grade
4
Kitchens Above Grade
1
Kitchens Total
2
Bedrooms Above Grade
4
Bedrooms Below Grade
2

Additional Details

Occupant Type
Owner+Tenant
Direction Faces
East
County Or Parish
Waterloo
Cross Street
UNIVERSITY AVE/WOOLWICH ST/ FALCONRIDGE DR
Directions
UNIVERSITY AVE/WOOLWICH ST/ FALCONRIDGE DR
Special Designation
Unknown
Showing Requirements
Lockbox

Location

121 Steeplechase Way, Waterloo, ON N2K 0E7, Waterloo, ON, N2K 0E7

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD
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