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.
2 bedrooms, 2 bathrooms, about 1,000 sq ft, works out to roughly $590 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 249 Grey Silo Rd #302
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
1000-1199 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
249 Grey Silo Rd #302 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14028274$589,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 249 Grey Silo Rd #302 Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,898
/mo
based on the purchase price of $589,900
$117,980 cash
$471,920 financed
$397,481 total interest
Principal54%$471,920
Interest46%$397,481
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 2–5 bed homes for sale in Waterloo around $590K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings399Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 16 – Jul 15, 2026.
Based on 468 sales from Jul 15 – Oct 13, 2026 (275 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
249 Grey Silo Rd #302 is listed at $589,900 (MLS® X14028274). Summitly updates the price as soon as the MLS® record changes.
Is $589,900 a good price for 249 Grey Silo Rd #302?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 249 Grey Silo Rd #302 changed?
No — 249 Grey Silo Rd #302 is still listed at its original asking price of $589,900.
How many bedrooms and bathrooms does 249 Grey Silo Rd #302 have?
249 Grey Silo Rd #302 has 2 bedrooms and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Waterloo.
Is 249 Grey Silo Rd #302 close to transit?
The nearest rapid-transit station is Conestoga Station (ION), about 3.8 km in a straight line. Northfield Station is about 4.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 249 Grey Silo Rd #302?
About $2,898 a month — principal and interest on $589,900 with 20% down ($117,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 249 Grey Silo Rd #302 compare with other homes in Waterloo?
Its asking price of $589,900 is about 16% below the median sold price in Waterloo over the last 90 days, $700,000, across 468 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 249 Grey Silo Rd #302 been sold before?
Summitly has no earlier MLS® sale or lease of 249 Grey Silo Rd #302 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 249 Grey Silo Rd #302?
249 Grey Silo Rd #302 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 249 Grey Silo Rd #302 been on the market?
