Experience the epitome of luxury & cottage living in the city w/ this once-in-a-lifetime opportunity at one of Waterloo's most sought-after addresses. Known for its expansive lots/majestic settings, homes in this area rarely hit the market. Nestled on approx. 2-AC fronting the Grand River, this stunning property is a true oasis, offering over 4,270+ SF of beautifully finished space, w/ 2+2 bedrms & 4 bathrms. Step inside to a 2-story foyer leading to a grand living rm w/ soaring ceilings, rustic wood beams, & a floor-to-ceiling wood-burning fireplace w/ stone surround. 4 double French doors open to the backyard, seamlessly blending indoor/outdoor living. The newly updated Chervin kitchen is a chef's dream w/ lrg centre island, custom range hood, granite counters, top-of-the-line appliances, oversized windows, backsplash, & an integrated dining area w/ gas fireplace & deck access. Completing the main-a versatile laundry rm, 2-pce bath (heated flrs), & mudrm. The upper-level features 2 spacious bedrms, including a luxurious primary suite w/ a walk-in closet & a 5-pce ensuite bath w/ dual vanities, jacuzzi tub, & shower. A second bedrm & 4-pce bath complete this level. The lower level features a large rec rm, 2 additional bedrm suites w/ living areas, a 3-pce bath, & has in-law/nanny suite potential w/ separate entrance to the garage. Outside, the private backyard retreat is a hidden gem, perfect for relaxing/entertaining w/ extensive decking, patios, & hot tub. The beautifully landscaped grounds create a forest-like ambiance, redefining outdoor living into a magical retreat. The circular driveway w/ ample parking & 906 SF detached garage w/ workshop & loft is ideal for a hobbyist/car enthusiast & offers potential for a future granny flat/in-law/nanny suite. Prime location w/ the best of both worlds at your doorstep-seamless access to top-tier workplaces, universities, Conestoga Mall, RIM Park, Grey Silo Golf Club, vibrant markets, extensive trails & quick HWY access!