
557 Millstream Drive
Waterloo, ON N2K 0E1
- 3+1Bedrooms
- 4Bathrooms
- 2Garage
- 2500–3000Sq Ft
- $8,931Tax
- 40×115 ftLot Size
- Estimated Value:$1,329,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 557 Millstream Drive, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-03-11 | 2026-03-19 | Login to See Prices | Sold | x12870852 |
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About 557 Millstream Drive, Waterloo
Summarized Description
- Custom-built executive home in prestigious Carriage Crossing.
- Open-concept design with abundant natural light.
- Luxurious primary suite with spa-like ensuite.
- Finished lower level with additional living space.
- Fully landscaped backyard with patio and green views.
- Close to top-rated schools and major employers.
- Quick access to highways and popular amenities.
This is your Carriage Crossing dream home. Nestled in one of Waterloo's most prestigious neighbourhoods, this stunning custom-built executive home is loaded with upgrades & designer finishes throughout. Offering 3+1 bedrms, 4 bathrms, & 3,860+ SF of finished living space, this impressive home provides exceptional space for family living & entertaining. The bright open-concept main level is highlighted by a stunning 2-storey great rm featuring a gas fireplace & expansive windows that fill the space with natural light. The modern kitchen offers decorative transom windows, quartz counters & backsplash, premium appliances, a lrg centre island, & an oversized walk-in pantry with convenient garage access. The kitchen flows seamlessly into the integrated dining area, where sliding doors lead to the backyard & patio-perfect for indoor-outdoor entertaining. The main level is completed by a 2-pc bathrm & a functional mudrm/laundry rm. Upstairs features 3 spacious bedrms including a luxurious primary suite with double door entry, tray ceiling, dual closets including a walk-in closet with custom built-ins, & a spa-like 5-pc ensuite with tiled glass shower, dual vanities, & whirlpool tub. The upper level also offers two additional sizable bedrooms, & a 5-pc main bathrm with tub/shower combo & versatile loft space-ideal for a play area, home office, or lounge. The fully finished lower level provides even more living space with a lrg rec rm/home gym, additional bedrm, 3-pc bathrm, home office niche, & plenty of storage. Outside is equally impressive-fully landscaped with interlocking driveway, fully fenced backyard with patio, & beautiful green space views. Located in the highly sought-after Carriage Crossing community close to top-rated schools, major employers, universities, RIM Park, Grey Silo Golf Club, the Walter Bean Trail, St. Jacobs Farmers' Market, & all popular amenities. Enjoy quick & convenient HWY access while living in one of Waterloo's most desirable neighbourhoods.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,931
- Land Transfer Tax Fee
- $19,975
- Basement Type
- Full, Finished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Auto Garage Door Remote, Sump Pump, Water Heater Owned, Water Softener
- View
- Trees/Woods
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas, Family Room
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped, Patio, Porch, Privacy
- Pool
- None
- Property Features
- Golf, Greenbelt/Conservation, Library, Park, Rec./Commun.Centre, School
- Other Structures
- Fence - Full
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 6-15
Construction
- Exterior Finish
- Brick, Stucco (Plaster)
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 40.06 ft
- Lot Depth
- 115.01 ft
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Dishwasher, Dryer, Garage Door Opener, Hot Water Tank Owned, Microwave, Range Hood, Refrigerator, Stove, Washer, Window Coverings, All Bathroom Mirrors
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 1
- Washrooms
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Bathroom—Main level, 2 Pc Bath
- Dining Room—Main level
- Foyer—Main level
- Great Room—Main level
- Kitchen—Main level
- Laundry—Main level
- Pantry—Main level
- Loft—Second level
- Bathroom—Second level, 5 Pc Bath
- Bathroom—Second level, 6 Pc Ensuite
- Bedroom—Second level
- Bedroom—Second level
- Primary Bedroom—Second level
- Other—Second level, Walk-In Closet(s)
- Bathroom—Basement level, 3 Pc Bath
- Bedroom—Basement level
- Recreation—Basement level
- Other—Basement level
- Utility Room—Basement level
Washrooms
- 2-piece, Main
- 5-piece, Second
- 6-piece, Second
- 3-piece, Basement
- Municipality
- Waterloo
- Main cross streets
- GREY SILO RD
- Directions
- GREY SILO RD TO MILLSTREAM DRIVE
- MLS® number
- X12870852
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-19
- Listed on
- 2026-03-11
- Days on market
- 8 days
- Possession type
- Flexible
- Co-op commission
- 2% + HST (SEE REMARKS)
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for 557 Millstream Drive, Waterloo, , . Listed for $1,175,000
HOMEH Estimate
$1,329,500
Estimated Sales Range
$1,050,305 - $1,608,695
HOMEH Estimate for 557 Millstream Drive, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $675,000 over $500K
$92,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $43,287 | $32,783 | $27,965 | $0 |
=Total mortgage | $1,125,462 | $1,090,283 | $1,026,715 | $940,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,495monthly | $5,323monthly | $5,013monthly | $4,590monthly |
Land Transfer Tax
$19,975
$19,975
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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