Nestled on a quiet, family-friendly cul-de-sac in one of Waterloo's most desirable neighbourhoods, this raised bungalow sits on an exceptionally rare 1/3-acre lot backing directly onto the Hillside Trail and Waterloo's extensive trail network. Offering privacy, space, and an incredible connection to nature, this is the kind of property where memories are made for generations. Step outside and discover a backyard oasis unlike anything else. Surrounded by mature landscaping, the expansive yard features a large covered deck, gazebo, in-ground pool with updated liner, pump and filter, and endless space for children to play, family gatherings, and summer entertaining. Whether you're hosting friends poolside or enjoying a quiet evening overlooking the greenspace, this outdoor retreat is truly an entertainer's dream. Inside, the bright main floor offers an open-concept kitchen and dining area with stone countertops, white cabinetry, centre island, JennAir gas range, Bosch dishwasher, glass tile backsplash, and engineered hardwood flooring. The welcoming living room features a wood-burning fireplace and walkout access to the front deck. Three bedrooms and an updated four-piece bathroom complete the main level. The finished walk-up lower level provides exceptional additional living space, including a spacious recreation room with natural gas fireplace and built-in cabinetry, a large games room with bar area, a cedar closet, three-piece bathroom, and laundry room. Additional updates include vinyl windows, ront door (2019), vinyl siding and eavestroughs (2018), roof (2018), and a rebuilt chimney (2026). The tandem garage accommodates two small vehicles and offers excellent storage. Properties offering this level of privacy, outdoor living, and direct access to nature are exceptionally rare in Waterloo. Don't miss your chance to secure a truly one-of-a-kind property in a location you'll treasure for years to come. (id:2493)