243 Grey Silo Road, Waterloo, ON

$799,900
MLS#:X9034235
3 beds
3 baths
2000-2249 sqft
2.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on September 5, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $799,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2249 sqft
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

EXECUTIVE TOWN IN THE GREY SILO GATE COMMUNITY! Welcome to #22-243 Grey Silo Road, Waterloo. This immaculate 2-storey condo boasts over 2,100sqft, featuring hardwood floors throughout. The open-concept main floor is adorned with modern finishes, including a dining room, a kitchen with granite countertops, a large pantry, an island with seating, and Frigidaire professional appliances. The kitchen opens up to a cozy living room with a gas fireplace and a walkout to a maintenance-free composite deck equipped with a natural gas hook-up for BBQing. This home includes 3 bedrooms, with the primary suite offering an oversized walk-in closet and a beautiful ensuite with double sinks and a glass-enclosed shower. The additional 5pc upper bathroom also features double sinks. Additional features and upgrades include air conditioning, an HVAC filtration system with outdoor air intake, an automatic garage opener, and a water softener. The property also comes with a single garage and a single wide driveway allowing parking for 2. Located in the desirable East Waterloo neighbourhood of Colonial Acres, this townhome is minutes away from golf courses, walking trails, RIM Park Community Centre, RIM Technology Park, Grand River Trail System, shopping, and other amenities. It also offers easy access to the highway for convenient commuting.

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Property Summary

This townhouse located at 243 Grey Silo Road, Waterloo is currently for sale and has been available on SousaSells for 736 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 3 bathrooms, and is 2000-2249 square feet. 243 Grey Silo Road, Waterloo

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2249 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateSeptember 5, 2024
Sold price information is available to members only
Listed Date7/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick, Stucco (Plaster)
BasementUnfinished
CountyWaterloo
Annual Tax$6,477

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Golf, Greenbelt/Conservation, Library, Park, Place Of Worship, School

Interior Features

Auto Garage Door Remote, Water Softener

Security Features

Community Features

Location

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243 Grey Silo Road, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 243 Grey Silo Road 22, Waterloo, ON N2K 0B9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

Configure Loan Settings

Interest Rate4.00%
Down Payment$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Waterloo, ON

For a property listed at $799,900 in Waterloo, the legal minimum down payment is $54,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,473 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$772,516

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.