Property Type: Detached HouseOwnership: Freehold

537 MILLSTREAM Drive

Waterloo, BC N2K0E2

$1,339,000

5 bed5.5 bath4 parking4,060 sqftBuilt 2017
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.22 acres
Frontage
24 feet

SD

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,999.76

Interior

Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan, Garage door opener

Exterior & Lot

Exterior features
Concrete, Brick
Lot features
Ravine, Conservation/green belt, Sump Pump

Building

Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
5pc BathroomMain level
5pc BathroomSecond level
3pc BathroomBasement
BedroomBasement13'0'' x 13'4''
Recreation roomBasement16'5'' x 31'1''
5pc BathroomSecond level
BedroomSecond level12'0'' x 12'5''
BedroomSecond level11'11'' x 13'2''
BedroomSecond level13'8'' x 12'0''
Primary BedroomSecond level20'4'' x 16'2''
2pc BathroomMain level
OfficeMain level9'8'' x 10'6''
Dining roomMain level13'8'' x 10'9''
Great roomMain level14'6'' x 16'6''
KitchenMain level13'7'' x 13'9''
BreakfastMain level10'10'' x 13'5''

Listing Information

MLS®
40852958
Listed
August 4, 2026
Time on market
On the market for 42 days
Data last synced
September 15, 2026

Listing provided by: HOMELIFE LANDMARK REALTY INC · Data source: CREA DDF.

Description

Carriage Crossing dream home! Prestigious neighborhoods, oversized corner lot w/ easy access to the park& walking trails, this stunning, custom-built luxury home is loaded w/ upgrades & designer finishes throughout. Offering over 4,000 SF of beautifully finished living space & featuring 4+1 bdrms, & 4+1baths, this home is truly one-of-a-kind. Main floor hrdwd & porcelain tile, designer lighting, pot lights, crown moulding & custom window treatments. Kitchen, is complete w/ large central island, premium appliances, quartz counters, & a generous breakfast area w/ walkout to the deck & backyard. A main-floor office with future potential to convert to a bedroom. Upstairs, the luxurious primary suite features custom millwork, two over-sized walk-in closets/dressing room w/ built-ins, & a spa-like ensuite w/ soaker tub, double vanity, & glass shower, another bedroom w/ 3pce ensuite, and 2 other bedrooms with a 5-pce Jack and Jill bath. The finished basement features a spacious rec rm, 1 bedroom w/ 3-pce bathroom. Covered deck, fenced back yard. Close to top-rated schools, area workplaces, universities, RIM Park, Grey Silo Golf Club, Walter Bean Trail, Farmers Market, & all popular amenities. Quick HWY access. You will fall in love w/this spectacular home! (id:63159)

Values & Trends

This listing

$330/sqft

Building average

No other active listings in this building

118 - Colonial Acres/East Bridge average

$422/sqft

20 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Cambridge

Mostly Cloudy

21°C

Mostly Cloudy

Humidity 54%

Wind S 26 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

24°

Thursday night

11°

Source: Environment and Climate Change Canada.

Population

126,356

(2021 Census)

+15.5% since 2016

Density: 1,656.3/km²

Dwellings: 54,453

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($108,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,071,200.00
Periodic payment — Principal & Interest (monthly)$6,911.02
Additional monthly expenses (strata, tax, utilities, etc.)$1,119.65
Total monthly cost$8,030.67
Interest paid over 5-yr term$307,009.00
Balance at end of term$963,547.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$108,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,459.04

Cash Needed at Closing

Minimum down payment$108,900
Estimated BC PTT$24,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$135,180

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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