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Property Type: Detached HouseOwnership: Freehold
519 GRISTMILL Street
Waterloo, ON N2K0C9
MLS® 40871766
$1,100,000
4 bed4 bath4 parking3,596 sqftBuilt 2017
Property Details
Property & Lot
- Sub-type
- House
- Style
- Contemporary
- Stories
- 2
- Frontage
- 44 feet
SD
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $9,553.17
Interior
- Basement
- Finished, Full
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 17'5'' x 9'3'' |
| Utility room | Basement | 8'0'' x 11'7'' |
| Recreation room | Basement | 23'9'' x 25'9'' |
| 3pc Bathroom | Basement | 11'9'' x 8'0'' |
| Storage | Second level | 7'3'' x 3'5'' |
| Primary Bedroom | Second level | 13'4'' x 14'11'' |
| Family room | Second level | 17'7'' x 15'11'' |
| Bedroom | Second level | 8'9'' x 11'1'' |
| Bedroom | Second level | 10'10'' x 11'1'' |
| Bedroom | Second level | 12'2'' x 11'1'' |
| 5pc Ensuite bath | Second level | 16'6'' x 11'0'' |
| 5pc Bathroom | Second level | 10'8'' x 11'1'' |
| Living room | Main level | 14'11'' x 13'4'' |
Description
Welcome to 519 Gristmill Street, an impressive custom-built home in Waterloo’s prestigious Carriage Crossing community, known for its distinctive homes, scenic surroundings, and proximity to exceptional recreational amenities. Featuring a striking stone, stucco, and brick exterior, four spacious bedrooms, and a finished basement, this home offers generous space for family living and entertaining. An inviting foyer leads to a bright formal dining room, ideal for hosting family and friends. The open-concept kitchen and family room form the heart of the home, featuring granite countertops, a centre island, abundant cabinetry, and a breakfast area with direct access to the large, fully fenced backyard. A main-floor powder room and convenient laundry complete this level. Upstairs, the spacious primary suite offers a walk-in closet and private 5-piece ensuite. Two additional bedrooms share a 5-piece Jack-and-Jill bathroom, while the fourth bedroom provides flexibility for family, guests, or a home office. A separate family room with a vaulted ceiling creates a welcoming retreat for relaxing and gathering. The finished basement extends the living space with a generous recreation room, a 3-piece bathroom, and ample storage. Enjoy nearby RIM Park, the public library, scenic walking trails, parks, restaurants, and Grey Silo Golf Club, along with convenient access to Highway 85. Discover refined living in one of Waterloo’s most sought-after neighbourhoods. (id:63161)
Listing Information
- MLS®
- 40871766
- Data last synced
- October 26, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40871766
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
$306/sqft
Building average
—
No other active listings in this building
118 - Colonial Acres/East Bridge average
$388/sqft
18 active listing(s)
Parking: 4 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:
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Mortgage & Ownership Cost Calculator
Minimum required: 7.7% ($85,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$880,000.00
Periodic payment — Principal & Interest (monthly)$5,677.46
Additional monthly expenses (condo fees, tax, utilities, etc.)$976.10
Total monthly cost$6,653.56
Interest paid over 5-yr term$252,210.53
Balance at end of term$791,562.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$85,000
Stress test qualifying rate8.19%
Payment you must qualify for$7,870.05
Cash Needed at Closing
Minimum down payment$85,000
Estimated Land Transfer Tax (LTT)$18,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$104,975
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.
