Loading…
Property Type: Condo / ApartmentOwnership: Condominium
249 GREY SILO Road Unit# 302
Waterloo, ON N2K0G8
MLS® 40870732
$589,900
2 bed2 bath2 parking1,112 sqftBuilt 2020
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R9
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $662/mo
- Annual property tax
- $4,597.56
Maintenance Fee Includes
Management
Also included: Common Area Maintenance, Landscaping, Insurance
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 17'9'' x 12'7'' |
| Living room | Main level | 8'6'' x 16'3'' |
| Laundry room | Main level | 6'9'' x 8'3'' |
| Kitchen | Main level | 11'2'' x 16'2'' |
| Bedroom | Main level | 13'0'' x 12'10'' |
| 4pc Bathroom | Main level | 8'11'' x 7'7'' |
| 3pc Ensuite bath | Main level | 7'8'' x 7'9'' |
Description
IMMACULATE CORNER SUITE WITH DESIGNER FINISHES, 2 PARKING SPACES & AN EXPANSIVE WRAPAROUND BALCONY! Located at Trailside at Grey Silo Gate in Waterloo’s sought-after Carriage Crossing neighbourhood, this beautifully appointed condo offers 2 bedrms, 2 bathrms & ~1,112 SF. Southeast exposure & windows on 2 sides fill the suite with natural light, while the thoughtful split-bedrm layout provides added privacy. The covered wraparound balcony offers south, east & westward views—including evening sunsets—with generous space for dining & lounging overlooking the neighbourhood & treetops. The bright, open-concept interior features engineered hardwood flooring, custom drapery & a soft neutral palette. The kitchen offers white shaker cabinetry, quartz countertops, stainless-steel appliances, under-cabinet lighting, a tiled backsplash & a large centre island with seating. A window above the sink adds natural light, & the adjoining living area opens directly to the balcony. Both bedrms feature tray ceilings. The spacious primary bedrm offers dual closets & a private 3-pce ensuite with a glass-enclosed tiled shower & built-in bench. On the opposite side of the suite, the generous 2nd bedrm is ideal for guests or a home office, with the 4-pce main bathrm conveniently beside it. A separate in-suite laundry & utility rm provides storage. Includes 1 underground parking space with a storage locker directly behind it & 1 surface parking space. Built in 2020, the building offers controlled entry, elevator access & visitor parking. Residents enjoy a rooftop terrace with a pergola-covered lounge, seating & dining areas, BBQs, a fire table, landscaped planters & expansive views. Nearby Carriage Crossing Plaza offers Levetto restaurant, a pharmacy & neighbourhood services. RIM Park, Grey Silo Golf Club & the Walter Bean Grand River Trail provide excellent recreation options close to home, with convenient access to St. Jacobs Market, Conestoga Mall, the universities & major commuter routes. (id:63159)
Listing Information
- MLS®
- 40870732
- Data last synced
- October 20, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40870732
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$530/sqft
Building average
—
No other active listings in this building
118 - Colonial Acres/East Bridge average
$532/sqft
6 active listing(s)
Parking: 2 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.8% ($33,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$471,920.00
Periodic payment — Principal & Interest (monthly)$3,044.67
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,101.53
Total monthly cost$4,146.20
Interest paid over 5-yr term$135,253.63
Balance at end of term$424,493.57
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$33,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,310.38
Cash Needed at Closing
Minimum down payment$33,990
Estimated Land Transfer Tax (LTT)$8,273
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,763
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
