Loading…
Property Type: TownhouseOwnership: Condominium
271 GREY SILO Road Unit# 52
Waterloo, ON N2K0E9
MLS® 40872230
16
Walk Score
28
Transit
49
Bike
$625,000
4 bed4.5 bath2 parking1,981 sqftBuilt 2022
16
Walk Score
28
Transit
49
Bike
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 3
MR-4/MD3
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $639/mo
- Annual property tax
- $5,789
Maintenance Fee Includes
Management
Also included: Common Area Maintenance, Landscaping
Interior
- Basement
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Ensuite bath | Third level | — |
| 4pc Bathroom | Third level | — |
| Primary Bedroom | Third level | 11'1'' x 11'5'' |
| Bedroom | Third level | 9'4'' x 12'0'' |
| Bedroom | Third level | 9'4'' x 10'0'' |
| 2pc Bathroom | Second level | — |
| Great room | Second level | 10'11'' x 14'10'' |
| Dinette | Second level | 8'6'' x 14'10'' |
| Kitchen | Second level | 8'6'' x 12'7'' |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 10'1'' x 10'11'' |
Description
OPEN HOUSE SATURDAY, OCT 24TH 12-2 PM & SUNDAY, OCT 25TH 2-4 PM. Welcome to effortless modern living at Unit 52 - 271 Grey Silo Road, a beautifully appointed 1,981-square-foot, three-storey end unit townhouse in Waterloo’s highly sought-after Carriage Crossing neighbourhood. Overlooking the communal green space, this unit is set apart from the rest with no rear facing units behind it. Perfectly suited for growing families or professionals, this bright and versatile home features four bedrooms, including a flexible main-floor bedroom or home office complete with its own full en-suite bathroom. Step into the stunning modern kitchen, where sleek quartz countertops seamlessly flow into a bright dining area with abundant room for a large gathering table. This open-concept design naturally extends into a remarkably spacious living room, creating the perfect environment for effortless entertaining and everyday comfort. The upper level serves as a private retreat hosting three generously sized bedrooms—highlighted by a primary suite with an en-suite—alongside the ultimate convenience of top-floor laundry. Designed for a turn-key lifestyle, the property offers a two private balconies, a spacious double-car garage, and completely maintenance-free living with the condo corporation handling all seasonal lawn care and snow removal. Nestled just minutes from RIM Park, Snyder’s Flats, and the scenic trails along the Grand River, this exceptionally quiet and bicycle-friendly location perfectly balances nature with the everyday convenience of nearby shopping and schools. (id:63161)
Listing Information
- MLS®
- 40872230
- Data last synced
- October 26, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40872230
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
$315/sqft
Building average
—
No other active listings in this building
118 - Colonial Acres/East Bridge average
$398/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: 6.0% ($37,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$500,000.00
Periodic payment — Principal & Interest (monthly)$3,225.83
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,220.12
Total monthly cost$4,445.95
Interest paid over 5-yr term$143,301.44
Balance at end of term$449,751.62
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$37,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,555.32
Cash Needed at Closing
Minimum down payment$37,500
Estimated Land Transfer Tax (LTT)$8,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$47,975
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.
