292 THORNCREST Drive
Waterloo, ON
- 5 bed
- 4 bath
- approx. 1500-2000 sqft
- Detached
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
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Listing Details
- Taxes (2026)
- $7,920
- Listed
- September 16, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 16-30
- Construction
- Aluminum Siding, Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- Interior
- Air Exchanger, Central Vacuum, In-Law Suite, Sump Pump, Water Heater, Water Softener
- Lot Size
- 65.93 x 114.13 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Glenn Forest / Thorncrest
- Zoning
- SR2A
- Parcel Number
- 222670119
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Dishwasher, 2 Stoves, 2 Fridges, 2 Washers, 2 Dryers, 2 Microwaves
- Exclusions
- N/A
- Rental Items
- HWT-Gas, Water Softener
Schools
Elementary
- Cedarbrae Public School0.6 km
Public · Waterloo Region DSB · 240 students
Grade 3 reading: 21% met the provincial standard · Grade 6 math: 14% met the provincial standard
- N A MacEachern Public School0.8 km
Public · Waterloo Region DSB · 260 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 55% met the provincial standard
- Sir Edgar Bauer Catholic Elementary School0.9 km
Catholic · Waterloo CDSB · 445 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- Waterloo Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School2.2 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Laurel Heights Secondary School3.4 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 87% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,029
- Median days on market
- 22
- Sale-to-list price
- 99.8%
Based on 1,029 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Rooms
2-piece on Main, 4-piece on Second, 3-piece on Second, 4-piece on Basement
Second
- Bathroom
- Bathroom
- Bedroom 213'9" x 17'7"
- Bedroom 311'3" x 12'
- Primary Bedroom22' x 12'1"
Main
- Bathroom
- Breakfast10'1" x 7'
- Foyer14'9" x 9'2"
- Kitchen12'11" x 10'3"
- Living Room24'10" x 12'1"
- Office12'6" x 11'7"
Basement
- Bathroom8'11" x 5'3"
- Bedroom12'1" x 10'7"
- Bedroom 214'4" x 12'11"
- Kitchen7'3" x 11'11"
- Laundry14'4" x 11'7"
- Living Room12'1" x 13'11"
Listed by
RE/MAX ESCARPMENT GOLFI REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$193,980
Estimated Monthly Payment
$4,765
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,765/mo (20% down, 5.5%)
Taxes: $660/mo · Insurance: $242/mo
Estimates only. Consult a financial advisor.
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