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Listed 3 months ago

584 Pinery Trail

, Waterloo

$999,999

Detached|2-Storey
4 | 5 | 6
About this home

Welcome to 584 Pinery Trail-an exceptional home in Waterloo's sought-after Conservation Meadows, perfect for first-time buyers and those looking to upgrade into more space and flexibility. Backing onto serene greenspace and just minutes from Laurel Creek Reservoir and the University of Waterloo, this well-maintained legal duplex offers over 3,400 sq ft of living space-combining lifestyle and income potential. The main home features 4 spacious bedrooms, multiple living areas, and a functional layout ideal for growing families. Enjoy separate living & family rooms as well as formal dining room-perfect for entertaining, relaxing, or working from home-along with a modern upgraded kitchen featuring sleek cabinetry, stylish countertops, and a gas oven. Fresh paint throughout adds a clean, move-in-ready feel. For first-time buyers, the fully legal 2-bedroom walkout basement (2nd Dwelling) apartment provides an incredible advantage. Currently rented for $1,700/month, it includes a private entrance, separate laundry, and its own patio-helping offset mortgage costs while building equity. With 6 bedrooms and 5 bathrooms in total, this home offers flexibility for multi-generational living or future rental opportunities. Recent upgrades include a new furnace (2023), tankless water heater, and water softener, along with newly installed Zebra Blinds, interior and exterior pot lights, and smart security features for added comfort and peace of mind. Step outside to a large deck with a gas BBQ line overlooking peaceful greenery-perfect for relaxing or hosting. Close to top-rated schools, parks, shopping, and transit, this home offers both convenience and long-term value. A rare opportunity for buyers looking to enter the market or upgrade with income potential-don't miss it!

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$7,508
Lot Size39.99 ft x 101.71 ft
mls© NumberX13641110
Listed ByHOMELIFE/MIRACLE REALTY LTD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$626
Heat allowance
$150
Housing costs
$5,894 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $200,000
25-yr amortization

Income needed

$181,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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