Nestled within the prestigious and HIGHLY SOUGHT-AFTER LAURELWOOD NEIGHBOURHOOD of Waterloo, this extraordinary custom-built residence by "Grau” Homes presents a rare opportunity for luxurious living that includes a completely separate in-law suite. Set upon a MAGNIFICENT, PRIVATE PREMIUM LOT, the home is a masterpiece of superior engineering and design, featuring robust 2' x 6' construction and soaring 9-foot ceilings. Step through the covered porch into a BREATHTAKING TWO-STORY FOYER, where a stately SOLID WOOD staircase with elegant railings beckons you inside. Sunlight pours through expansive windows, illuminating the formal living and dining rooms with delightful views. The heart of the home is a chef’s DREAM KITCHEN, SHOWCASING CUSTOM CABINETRY, a sleek stainless vent hood, GRANITE COUNTERTOPS, extended cabinetry with desk nook, standup freezer, and tumbled marble backsplash. A sprawling center island overlooks the sun-drenched dinette and family room, where a COZY GAS FIREPLACE and walls of windows frame the backyard oasis. Sliders open to an impressive two-tier composite deck with lighting and a serene stone patio. Upstairs, RICH HARDWOOD FLOORING leads to the private quarters. The generous primary suite features FLEXIBLE SPACE for an office or nursery, a walk-in closet, and a lavish five-piece ensuite with jetted tub and shower. Three additional bedrooms and second-floor laundry complete this level. The PROFESSIONALLY FINISHED LOWER LEVEL unveils a self-contained in-law suite with full kitchen, spacious living room with gas fireplace, dining area, bedroom, and four-piece bathroom with separate laundry. A walkout leads to a NEW STONE PATIO and private BBQ area with retaining walls and ambient lighting. Beyond the home, enjoy a DOUBLE CAR GARAGE, CONCRETE DRIVEWAY, landscaped grounds, and paver walkway. Embrace the LAURELWOOD LIFESTYLE WITH TOP-RATED SCHOOLS, serene trails, parks, and upscale shopping just moments away.