557 Millstream Drive, Waterloo, ON

$1,175,000
MLS#:X12870852
4 beds
4 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,175,000 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.

  • 4 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2500-3000 sqft on a premium 40.06 x 115.01 ft lot
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Sump Pump, Water Heater Owned
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
4
Bathrooms
4
Kitchens
1
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 19, 2026
Sold price information is available to members only
Listed Date3/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Stucco (Plaster)
Lot Size40.06 × 115.01 Feet
CountyWaterloo
Annual Tax$8,930.54
Legal DescriptionLOT 230, PLAN 58M506 ;T/W AN UNDIVIDED COMMON INTEREST IN WATERLOO COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 537 SUBJECT TO AN EASEMENT IN GROSS AS IN WR574133 SUBJECT TO AN EASEMENT IN GROSS AS IN WR574226 CITY OF WATERLOO

Parking & Garage

Parking Spaces4.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Golf, Greenbelt/Conservation, Library, Park, Rec./Commun.Centre, School

Community Features

Location

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557 Millstream Drive, 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 557 Millstream Drive, Waterloo, ON N2K 0E1

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$940,000
Monthly Mortgage$5,462
Property Tax (Est.)$744
Utilities & Maint.$350
Total Monthly Cost$6,556

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

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$782,909

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

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

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
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.