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Property Type: Condo / ApartmentOwnership: Condominium
30 BLUE SPRINGS Drive Unit# 308
Waterloo, ON N2J4T2
MLS® 40867020
$375,000
2 bed2 bath1 parking1,020 sqftBuilt 1991
Amenities
Also listed: Guest Suite, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 8
RMU-40
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $881/mo
- Annual property tax
- $2,578.07
Maintenance Fee Includes
Water
Also included: Landscaping, Insurance, Parking
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| 4pc Bathroom | Main level | 5'1'' x 7'10'' |
| 4pc Ensuite bath | Main level | 5'0'' x 7'10'' |
| Bedroom | Main level | 9'7'' x 13'4'' |
| Primary Bedroom | Main level | 11'4'' x 13'4'' |
| Living room | Main level | 12'9'' x 21'0'' |
| Dinette | Main level | 6'9'' x 8'0'' |
| Kitchen | Main level | 8'0'' x 11'1'' |
Description
Check everything off your list! Located in an a beautiful and expanse park- like community, this spacious lake facing unit is located at the friendly Waterford condos, featuring gorgeous views of Forwell Trail and just steps from popular shopping and amenities of northeast Waterloo! Welcome inside to a thoughtful floorplan, greeting you in a large foyer entrance with hall closet and oversized built-in storage cupboard. The bright living room (with sitting area or future dining room) features sliders leading to a large balcony with glass railing ensuring lovely views of Four Wells Lake and the surrounding landscape. The inviting kitchen has stainless steel appliances, plenty of storage and a dinette area surrounded by many windows and amazing seasonal views. Conveniently located at the far end of the hall, the primary bedroom has dual closets, and a classic ensuite bathroom with tub/shower combo. A second bedroom is nearby with access to an additional updated three piece bathroom. There is also a spacious in-unit laundry room, with additional storage and updated washer/dryer included. Building amenities include a guest suite, two party rooms, rooftop BBQ and library, as well as an outdoor boardwalk and picnic area. One underground parking space and locker is included, and condo fees include water. Steps to restaurants, groceries, transit, Conestoga Mall and the Forwell Trail. Have a look at our additional photos that highlight this beautiful parcel of land! An excellent opportunity to combine the freedom of condo living with access to outdoor enjoyment....right next to the Region's best trails and amenities! (id:63159)
Listing Information
- MLS®
- 40867020
- Data last synced
- October 15, 2026
Re/Max Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Re/Max Twin City Realty Inc.
MLS® Number: 40867020
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
$368/sqft
Building average
—
No other active listings in this building
116 - Glenridge/Lincoln Heights average
$356/sqft
26 active listing(s)
Parking: 1 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% ($18,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$300,000.00
Periodic payment — Principal & Interest (monthly)$1,935.50
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,147.30
Total monthly cost$3,082.80
Interest paid over 5-yr term$85,980.86
Balance at end of term$269,850.97
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$18,750
Stress test qualifying rate8.19%
Payment you must qualify for$2,762.27
Cash Needed at Closing
Minimum down payment$18,750
Estimated Land Transfer Tax (LTT)$4,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,350
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.
