534 Chancery Lane, Waterloo MLS Number: 40719596

Spacious Bungalow with In-Law Suite Potential! Pride of ownership shines in this custom-built, open-concept bungalow offering approximately 1,800 sq. ft. on the main level. Nestled in a quiet, family-friendly neighborhood and backing onto greenspace, this home combines thoughtful design with comfort and functionality. The main floor features a bright and airy living room with a cozy wood-burning fireplace, a formal dining room, and a large kitchen complete with granite countertops, subway tiles, ample cabinet space, and elegant porcelain flooring. A sunroom off the kitchen floods the space with natural light and leads to a deck overlooking the private, fully fenced backyard. Gleaming hardwood floors, California shutters, and tasteful finishes run throughout the main level. The spacious primary bedroom includes two closets and an ensuite with a standalone soaker tub and a separate shower. Two additional bedrooms, a 4-piece bathroom, and a convenient laundry/mudroom with access to the double garage complete the main level. The fully finished basement offers excellent in-law suite potential, with plumbing and electrical in place for a second kitchen. It boasts a large games room with a bar, a cozy family room with gas fireplace with custom mantle and surround, four additional bedrooms, a renovated bathroom, and a walkout to a covered lower deck—perfect for multi-generational living or entertaining. Located close to major highways, shopping, schools, and just minutes from two universities, this home offers the perfect blend of space, style, and location. Provincially protected land at rear assures privacy and tranquil setting.