302-249 Grey Silo Rd
Waterloo, Ontario N2K 0G8
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $537at the range’s middle
- Tax a year
- $4,5982026 tax year
- Built
- 6-10
- Parking
- 21 underground
- Days on market
- Members
The brief
About 302-249 Grey Silo Rd
302-249 Grey Silo Rd is a 2-bedroom, 2-bathroom condo in Waterloo, listed for sale at an asking price of $589,900 (MLS® X14028274).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall16/100−$1,637/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 45 condos with 2 bedrooms for lease in Waterloo right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $4,598 / 2026
- MLS® number
- X14028274
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Municipality
- Waterloo
Building
- Size
- 1000-1199 sqft
- Building Age
- 6-10
- Construction
- Stucco/Plaster
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Poured Concrete
- Roof
- Flat
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Carbon Monoxide Detector, Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
- Condo maint.
- $662
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 2.34 × 2.35 m | 3 Pc Ensuite | Main |
| Bathroom | 2.71 × 2.32 m | 4 Pc Bath | Main |
| Br | 3.98 × 3.92 m | — | Main |
| Kitchen | 3.41 × 4.94 m | — | Main |
| Laundry | 2.06 × 2.52 m | — | Main |
| Living | 2.6 × 4.95 m | — | Main |
| Primary | 5.42 × 3.82 m | — | Main |
Listing history
Buy/sell history for 302-249 Grey Silo Rd, Waterloo, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $589,900 | N/A | For Sale | X14028274 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $117,980
- Total mortgage amount
- $471,920
- Total interest payment
- $335,680
- Total purchase cost
- $925,580
- Mortgage payment
- $2,692/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
69%Monthly carrying cost
$3,737- Rent $2,100
- Shortfall $1,637
Rental income opens at $2,100, the median asking rent of 45 comparable homes for lease in Waterloo. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,273
- Total land transfer tax
- $8,273
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,273
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $589,900
- $3,798
- Ontario total
- $8,273
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Waterloo right now
- For sale now
- 140
- Median asking price
- $393K
- New in 7 days
- 8
- Price cuts
- 22%
Middle half: $324K to $473K
41 in 28 days
31 listings
This home is asking 50% above the median, higher than three quarters of them.
See all homes in WaterlooAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Conestoga | GRT light rail: ION light rail | 3.8 km |
| Northfield | GRT light rail: ION light rail | 4.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Millen Woods Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1.2 km | 91%Grade 6 average |
| St Luke Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 · French Immersion | 1.6 km | 86%Grade 6 average |
| Lester B Pearson Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 1.9 km | 86%Grade 6 average |
| ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 4.6 km | 85%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St David Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 5.1 km | 67%Grade 9 math |
| Bluevale Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 5.3 km | 75%Grade 9 math |
| Waterloo Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 5.6 km | 57%Grade 9 math |
| Rosemount - U Turn SchoolWaterloo Region DSB | Public · grades 9–12 | 7.5 km | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterloo are shown to signed-in members.