Welcome to 49 Dietz Ave S in the Uptown Waterloo/Westmount neighbourhood, an excellent opportunity for investors or those looking for a centrally located family home. This 3-bedroom, 2-bath bungalow offers plenty of space and flexibility in a convenient Waterloo location. The main floor features an updated kitchen, updated bathroom, three bedrooms and comfortable living space. The finished basement adds valuable additional space, a second bathroom and plenty of storage, with room for a recreation area, home office, gym or study space. Most windows have been updated, along with the furnace, air conditioning, water heater and water softener. Outside, enjoy a generous 132-foot deep lot with parking for four vehicles. The spacious yard provides plenty of room to enjoy the outdoors and adds to the property's overall appeal and flexibility. The location is hard to beat. Close to both the University of Waterloo and Wilfrid Laurier University, the home is also within easy reach of Uptown Waterloo and Westmount. Westmount Place and its variety of shops, services and everyday conveniences, including T&T Supermarket, are within walking distance. Waterloo Town Square, restaurants, parks, schools and other amenities are also nearby, with convenient access to public transit for getting around Waterloo. Whether you're looking to add to your investment portfolio or find a centrally located Waterloo bungalow to call your own, 49 Dietz Ave S offers a great combination of location, space, updates, storage and flexibility.