This property was sold on April 3, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium aluminum siding and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $699,000 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.
For the first time since 1998, this rare lakefront condo is available for sale. Boasting 2,035 sq. ft. of living space, it offers two large bedrooms and two full baths. The living room features a wood-burning fireplace and walks out to the terrace overlooking the water. Here, you can relax and enjoy the stunning sunset views of Four Wells Lake while sipping an evening glass of wine or early morning coffee on the terrace. This home also includes a formal dining room, family room with wet bar, a dine-in kitchen with an abundance of storage and two parking spaces. Ideally located near local trails, Conestoga Mall, and both universities, this condo is the perfect place to call home.
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This condo apartment located at 54 Blue Springs Drive, Waterloo is currently for sale and has been available on SousaSells for 521 days. This property is listed at $699,000 with an estimated mortgage of $2,327* per month. It has 2 beds, 2 bathrooms, and is 2000-2249 square feet. 54 Blue Springs Drive, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Cul de Sac/Dead End, Lake/Pond, Park, Place Of Worship, Public Transit, Waterfront
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 54 Blue Springs Drive 14, Waterloo, ON N2J 4M4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $699,000 in Waterloo, the legal minimum down payment is $44,900 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 $10,455 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 $10,455.
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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.