55 Blue Springs Drive, Unit 5, Waterloo, ON
Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $449,900 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 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
The Atriums in Waterloo - a well-maintained and very clean condo building located at the end of a cul-de-sac and siding onto greenspace, walking trails and ponds. Unit 514 offers a pleasing layout with professionally and recently completed upgrades. The unit is carpet-free throughout with luxury vinyl flooring and new trim in the main living space (installed by Menno Martin, Spring 2025). The spacious living/dining room is a great space for relaxing or entertaining. The gorgeous kitchen was updated by Cerwood (Spring 2025) and features quartz counters, under cabinet lighting, a great mix of drawers and cupboards (some with glass fronts), a large pantry and five appliances (all new in Spring 2025), including an impressive side-by-side fridge/freezer. The living room and kitchen have floor to ceiling windows offering lots of natural light. There are motorized blinds on all the windows. The laundry/storage room has a convenient stackable washer/dryer set (new in May 2025). The primary bedroom offers double closets and a 4-pc ensuite with tub updated by bath-fitter. The second bedroom is on the opposite side of the unit with the second bathroom right beside it (features stylish step-in shower). This unit comes with one parking spot which is conveniently close to the door to the building, and an owned locker. The building offers many useful amenities: party room, library, workshop on the main level; roof-top deck and party room on the penthouse floor. Great location - nestled beside trails, ponds, and greenspace, just minutes to Conestoga Mall, Uptown Waterloo, transit, and highway 7/8.
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Property Summary
This condo apartment located at 55 Blue Springs Drive, Waterloo is currently for sale and has been available on SousaSells for 24 days. This property is listed at $449,900 with an estimated mortgage of $1,498* per month. It has 2 beds, 2 bathrooms, and is 1000-1199 square feet. 55 Blue Springs Drive, Waterloo
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterloo.
- •2 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Waterloo.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Cul de Sac/Dead End
- Park
- Place Of Worship
- School
Interior Features
- Auto Garage Door Remote
- Guest Accommodations
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 55 Blue Springs Drive, Unit 5, Waterloo, ON
Q.What is the asking price for 55 Blue Springs Drive, Unit 5, Waterloo, ON ?
The current listing price for 55 Blue Springs Drive, Unit 5, Waterloo, ON in Waterloo is $449,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.
Q.What property type and architectural style is 55 Blue Springs Drive, Unit 5, Waterloo, ON ?
55 Blue Springs Drive, Unit 5, Waterloo, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.
Q.What key property features does 55 Blue Springs Drive, Unit 5, Waterloo, ON offer?
Key property features include: Cul de Sac/Dead End, Park, Place Of Worship, School.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Guest Accommodations.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 55 Blue Springs Drive 514, Waterloo, ON N2J 4T3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $449,900 in Waterloo, the legal minimum down payment is $22,495 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 $5,473 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 $5,473.
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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.