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121 Steeplechase Way, Waterloo, ON N2K0E7

$997,7006Beds 4Baths 2,000Sqft

Property Overview

  • Detached Home Type
  • House Building Type
  • 3554 Sqft Lot Size
  • NoneCommunity
  • 6 Beds
  • 4 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 4 Parking Space(s)
  • Property Taxes
  • 44 days Days on Market
  • X13575294 MLS® #
  • $499 Price / Sqft
  • Two Storey Style
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Description

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!

Interior Details

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See Home Description
Air Conditioning (Central)
0
None
None

Exterior Details

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2
Vinyl Siding
Concrete
Asphalt Shingles
Concrete

More Information

Property

None
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Parking

Yes
4
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:29:47 PM UTC.