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Property Type: Condo / ApartmentOwnership: Condominium
30 BLUE SPRINGS Drive Unit# 305
Waterloo, ON N2J4T2
MLS® 40864014
$449,000
2 bed2 bath2 parking1,125 sqftBuilt 1990
Amenities
Also listed: Guest Suite, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
RMU-40
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $911/mo
- Annual property tax
- $2,507
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | 5'0'' x 8'0'' |
| Bedroom | Main level | 10'0'' x 12'0'' |
| 3pc Ensuite bath | Main level | 5'0'' x 11'0'' |
| Primary Bedroom | Main level | 11'0'' x 14'0'' |
| Kitchen | Main level | 8'0'' x 18'6'' |
| Living room/Dining room | Main level | 12'0'' x 21'6'' |
Description
Welcome to Unit #305 at 30 Blue Springs Drive, a bright corner suite in Waterloo's sought-after Blue Springs community. With extra windows and exposure on two sides, this 2-bedroom, 2-bathroom home features a split-bedroom layout for added privacy, with the primary suite tucked away from the second bedroom and bath. Set beside Four Wells Lake and its surrounding green space, the building offers scenic walking and cycling trails, including the Four Wells Trail and a semi-private lakefront boardwalk, right at your doorstep, plus a party room, guest suites, library, bike storage, and a rooftop terrace with gas BBQs. You're just minutes from No Frills, Farm Boy, Conestoga Mall, both the University of Waterloo and Wilfrid Laurier University, and major highway access. This unit comes with the rare bonus of two parking spaces — one underground and one surface — plus an exclusive-use storage locker and in-suite laundry. Pet policy: dogs are not permitted, but cats and service dogs are welcome. A bright, well-located corner unit in one of Waterloo's most desirable lakeside communities. (id:63159)
Listing Information
- MLS®
- 40864014
- Data last synced
- September 17, 2026
Property.ca Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Property.ca Inc.
MLS® Number: 40864014
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$399/sqft
Building average
—
No other active listings in this building
116 - Glenridge/Lincoln Heights average
$354/sqft
26 active listing(s)
Parking: 2 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: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$359,200.00
Periodic payment — Principal & Interest (monthly)$2,317.44
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,175.55
Total monthly cost$3,492.98
Interest paid over 5-yr term$102,947.75
Balance at end of term$323,101.56
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$22,450
Stress test qualifying rate8.19%
Payment you must qualify for$3,307.36
Cash Needed at Closing
Minimum down payment$22,450
Estimated Land Transfer Tax (LTT)$5,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,405
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. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
