Homes in Parkwood Estates, located just minutes from Waterloo schools, rarely come on the market, and this one is worth the wait! Tucked away on a quiet cul-de-sac, this beautifully updated two-story home offers the space, style, and setting you've been searching for. As you arrive, you'll immediately notice the fresh landscaping completed in 2023, creating wonderful curb appeal. Step inside to a welcoming foyer with a formal dining room to your right. New hardwood flooring installed in 2025 flows throughout the dining room, living room, kitchen, and breakfast area, tying the main level together beautifully. The open-concept layout is perfect for everyday living and entertaining. The living room features a cozy wood-burning fireplace and a door flanked by matching sidelights that leads to the covered deck overlooking the backyard. Just off the living room, you'll fall in love with the charming breakfast room, highlighted by a bay that fills the space with natural light. The kitchen was completely updated in 2025 and is truly the heart of the home. You'll find a massive center island, abundant cabinet space, a built-in pantry, and a side beverage bar complete with a wine fridge. The sink overlooks the backyard, making even dish duty a little more enjoyable! Rounding out the main level are a convenient laundry room and a half bath. Upstairs, you'll find three bedrooms, a full bathroom, and a spacious primary suite. The primary retreat features a large walk-in closet and an ensuite bathroom with dual vanities, a soaking tub, and a walk-in shower. The finished walkout basement adds even more living space with a family room, a bedroom with an egress window, a full bathroom, and plenty of storage space. Step outside and enjoy your own private retreat. Mature trees create a peaceful backdrop for the covered deck and covered patio below. Whether you're enjoying your morning coffee while listening to the birds chirp or spending summer evenings with family and friends, this backyard is the perfect place to unwind. With extensive updates, an incredible location, and a neighborhood where opportunities like this don't come along often, this is a home you won't want to miss.