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Property Type: Condo / ApartmentOwnership: Condominium
402 - 55 BLUE SPRINGS DRIVE
Waterloo, ON N2J4T3
MLS® X13794468
$385,000
2 bed2 bath1 parking
Amenities
Visitor Parking
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
GR
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $700/mo
- Annual property tax
- $2,507 (2025)
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Electric
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Flat | — |
| Living room | Flat | — |
| Bedroom | Flat | — |
| Bedroom | Flat | — |
| Dining room | Flat | — |
| Bathroom | Flat | — |
| Bathroom | Flat | — |
Description
Spacious 2 bedroom, 2 bathroom unit at The Atriums - condo living at its best! Located on a quiet court surrounded by scenic walking trails and lush green space. Offering over 1,150 sq ft of bright, open living space, with large windows that fill the home with natural light. The functional layout features a galley-style kitchen, separate dining area, and a generous living room ideal for relaxing or entertaining. Enjoy the convenience of in-suite laundry, underground parking, and ample visitor parking. This well-managed building offers excellent amenities including a party room, library, and rooftop terrace. Ideally located just minutes to Uptown Waterloo, Conestoga Mall, transit, and the expressway, this home offers the perfect blend of peaceful living and everyday convenience. (id:63159)
Listing Information
- MLS®
- X13794468
- Tax assessment year
- 2025
- Data last synced
- September 26, 2026
Forest Hill Real Estate Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Forest Hill Real Estate Inc.
MLS® Number: X13794468
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 OnePoint Association of REALTORS®.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$476/sqft
185 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:
Similar Listings Nearby
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$308,000.00
Periodic payment — Principal & Interest (monthly)$1,987.11
Additional monthly expenses (condo fees, tax, utilities, etc.)$908.67
Total monthly cost$2,895.78
Interest paid over 5-yr term$88,273.69
Balance at end of term$277,047.00
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,250
Stress test qualifying rate8.19%
Payment you must qualify for$2,835.93
Cash Needed at Closing
Minimum down payment$19,250
Estimated Land Transfer Tax (LTT)$4,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,000
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.
