Located in the heart of desirable Waterloo, this solid freehold townhome offers an incredible opportunity in a prime location, just steps from the Boardwalk Shopping District, close to schools, and only minutes from both universities, while still tucked away in a quiet and private setting. Originally planned as a 3-bedroom home, this model was customized into a spacious 2-bedroom layout with an oversized primary suite. With minimal investment, it can easily be converted back into a 3-bedroom home, offering added flexibility and future value. Inside, the home features a functional layout with plenty of warmth, character, and potential to make it your own. The main floor offers spacious living and dining areas with laminate flooring, a bright living room with a large bay window, and a formal dining space highlighted by a stylish divider wall with decorative niches. The generously sized kitchen features ample cabinetry, plenty of counter space, another large window for natural light, and a cozy sitting area. Main-floor laundry and a convenient 3-piece bathroom complete this level. Upstairs, you'll find the oversized primary bedroom, a second spacious bedroom, and a 4-piece cheater ensuite bathroom. The bright walk-out lower-level rec room features sliding doors leading to a 10x25 interlocking stone patio and a beautifully mature, tree-lined backyard retreat, perfect for relaxing, hosting family BBQs, or entertaining guests. Walk-through garage access to the backyard adds even more convenience. Enjoy being close to shopping, restaurants, parks, schools, transit, and everyday amenities in one of Waterloo's most sought-after neighbourhoods.