121 Steeplechase Way, Waterloo, ON N2K 0E7
Waterloo, ON, N2K 0E7
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: Built-In
- 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 | Built-In |
| 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
- Central Vacuum, Auto Garage Door Remote
- Central Vacuum
- Yes
Exterior Features
- Exterior Features
- Backs On Green Belt, Patio, Deck
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Concrete, Vinyl Siding
- Foundation Details
- Brick, Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished with Walk-Out
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Built-In
- Garage
- Yes
- Parking Spaces
- 2
- Parking Total
- 4.00
- 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
- Kitchens Above Grade
- 1
- Kitchens Total
- 2
- Bedrooms Above Grade
- 4
- Bedrooms Below Grade
- 2
Additional Details
- Occupant Type
- Owner
- 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