54 Blue Springs Drive, Unit 41, Waterloo, ON

$719,900
MLS#:X12434797
2 beds
2 baths
1600-1799 sqft
2.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $719,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • 2.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Intercom, Water Heater, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

This beautifully maintained 1,760 sq ft condo at 54 Blue Springs Drive, Unit 41 offers a rare opportunity to own in one of Waterloos most peaceful and picturesque communities. Designed for comfort and flow, the open-plan layout boasts multiple living and dining spaces, perfect for entertaining or quiet evenings by the fireplace. Oversized windows flood the space with natural light and showcase stunning views of the surrounding pond and forested trails. The thoughtfully designed galley kitchen features white cabinetry, granite countertops, and a stylish tile backsplash. Step out to the private balcony and enjoy coffee or cocktails while surrounded by birdsong and gentle breezes. With two spacious bedrooms, two bathrooms, and in-suite laundry, this home offers the ideal balance of style and practicality. The well-managed building includes underground parking, a storage unit, guest parking, BBQ area, and private trails, all on a beautifully landscaped property with water features. This is the ideal lifestyle for downsizers, professionals, or anyone seeking low-maintenance, nature-connected living without compromise.

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Property Summary

This condo apartment located at 54 Blue Springs Drive, Waterloo is currently for sale and has been available on SousaSells for 286 days. This property is listed at $719,900 with an estimated mortgage of $2,396* per month. It has 2 beds, 2 bathrooms, and is 1600-1799 square feet. 54 Blue Springs Drive, Waterloo

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

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 18, 2026
Sold price information is available to members only
Listed Date9/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionStucco (Plaster)
BasementNone
CountyWaterloo
Annual Tax$4,069

Parking & Garage

Parking Spaces2.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Intercom, Water Heater, Water Softener

Security Features

Community Features

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Location

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54 Blue Springs Drive, Unit 41, 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 54 Blue Springs Drive 41, Waterloo, ON N2J 4M4

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$215,970 (30.0%)
* Minimum Canadian down payment required for this price is $46,990.
Amortization Period30 Years
Estimated Monthly Payment$2,396Based on a loan of $503,930 over 30 years.
Purchase Price$719,900
Loan Amount$503,930
Provincial Land Transfer Tax:$10,873
Total Estimated Closing Taxes:$10,873

About Purchasing a Home in Waterloo, ON

For a property listed at $719,900 in Waterloo, the legal minimum down payment is $46,990 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 $10,873 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 $10,873.

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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$773,586

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.