292 Thorncrest Drive, Waterloo, ON N2L 5R5

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

• About 221 m from a hydro transmission corridor

  Check title for a hydro right-of-way or easement; provincial line mapping is approximate.

  Source: Ontario GeoHub — Utility Line (hydro transmission) · as of Sep 2026

Also checked, nothing flagged at this location: conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors.

Not openly mapped for this area (ask the local conservation authority): flood hazard mapping.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.