1 day on Market

261 Thorncrest Dr, Waterloo, Ontario N2L 4L2

Detached
3 + 1
2
~1983 sqft
$599,900
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Detached
3 + 1
2
~1983 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$302/sqft

Monthly cost

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+5

Properties sold*

$820K

Median sold price*

*Based on last 30 days

Description

Location! Location! Location! Charming 3 Bedroom, 2 Bath Bungalow with Carport located on a quiet street in desirable Lakeshore Village—just walking distance to the University of Waterloo, shopping, and transit! This home sits on an impressive 140 ft deep "pool-sized" lot, perfect for kids, entertaining, or the avid gardener. Backs onto Bearinger Road with no rear neighbours—offering extra privacy and space. Plus a unique 3 Season Sunroom screened in covered back porch. Improvements over the years include :Gutter Guards 2024 , Rear Fence , Water Softener , Front Porch 2022-23, Furnace , Shingles , Central Air approximately 10-11 years old The finished lower level features: A large open recreation room with a newer oversized window. An additional bedroom. A 3-piece bathroom with shower. Direct access to the side entrance—ideal for in-law setup or potential income suite. Extras include parking for 3 cars and SR2 zoning, offering flexibility for future use. Don’t miss this incredible opportunity in one of Waterloo’s most convenient locations! With University of Waterloo , Schools, Library and Ice rink close by.


Property Details

StyleBungalow
View-
Age of property1967
SqFt~1983 SqFt
Lot Size7,318 SqFt(142.86 x 51.23)
Parking Spaces3
MLS ®Number40739074
Community NameLakeshore
Data SourceITSO
Listing byFOREST HILL REAL ESTATE INC., BROKERAGE

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Full, Finished

Lower Floor

Bathroom

2.39 x 1.45

3-piece / semi-ensuite (walk thru)

Utility Room

4.04 x 3.40

Recreation Room

4.29 x 10.06

Bedroom

3.96 x 3.66

3-Piece


Features

Lot size: 7,318 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Jul 18, 2025
ListedActive
$599,900
1 day on market
history photo preview27
Listing by itso®

Market Data - Lakeshore

Geo Zone Map ThumbnailLakeshore

Strong Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

28 days

Compared to

2024

11 days

2023

9 days

2022

6 days

New Listings

Past 30 days

9 listings

Compared to

2024

10 listings

2023

12 listings

2022

7 listings

Units sold

Past 30 days

8 units

Compared to

2024

5 units

2023

9 units

2022

4 units

Median Sold Price

Past 30 days

$732,500

Compared to

2024

$820,000

2023

$820,000

2022

$782,250


Population and Demographics

Overview

Total population 3044
Average household income $96,715

Age (%)

0 to 19
22%
20 to 34
30%
35 to 49
17%
50 to 64
16%
65 and plus
15%

Household composition (%)

Single family
61%
Single person
26%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
78%
Others
4%
Mandarin
4%
Spanish
2%
Arabic
2%
German
2%
Somali
1%
Hindi
1%
Iranian Persian
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget