BOOK YOUR SHOWING TODAY! Only two walkout bungalows sold in Waterloo in this price range in the past year — and this one backs directly onto a pond. If you’ve been searching for the perfect retirement bungalow, this is the one people remember — the one that “got away.” A modern-built, freehold bungalow (yes, no condo fees) with a fully finished walkout basement and a million-dollar pond view in Waterloo’s prestigious Rosewood/Clair Hills community. Designed for effortless, comfortable living, this 2+1 bedroom, 3-bath bungalow offers nearly 2,000 sq. ft. of beautifully finished space. Freshly painted with brand-new carpet, it is completely move-in ready and ideal for those ready to simplify without sacrificing quality. The open-concept main floor features maple hardwood, ceramic tile, and seamless access to a raised deck with glass railings that overloolks tranquil Rosewood Pond — a protected natural view. The primary suite faces the water and includes a private 4-piece ensuite. A second bedroom with a built-in Murphy bed easily functions as a guest room or home office. The bright walkout basement expands your living space with oversized windows, a cozy gas fireplace, and direct access to the backyard and pond. A spacious third bedroom with ensuite privileges and generous storage completes the lower level and is perfect for visiting family or extended stays. Thoughtfully designed for long-term comfort, this home includes widened doorways, lowered switches, updated mechanicals, a double garage, and a quiet, low-traffic street — exactly what you are are looking for. One-floor living. Serene natural surroundings. No condo fees. Minimal maintenance, and a view that stops you in your tracks. Book your showing today. Opportunities like this do not come twice. It could be years before another one becomes available.