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, Waterloo
$999,999
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2500-3000 sq. ft. |
| Property Tax | $7,508 |
| Lot Size | 39.99 ft x 101.71 ft |
| mls© Number | X13641110 |
| Listed By | HOMELIFE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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