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Listed 3 months ago

302 - 55 Blue Springs Drive

, Waterloo

$349,900

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to "The Atriums" - condo living at its best! Tucked away at the end of a quiet cul-de-sac and surrounded by scenic walking trails, ponds, and lush green space, this location offers a peaceful and serene lifestyle. This exceptionally spacious 1,156 sq. ft. unit is highly recommended for seniors and downsizers seeking comfort and convenience on a single level. Featuring 2 generously sized bedrooms and 2 full 4-piece bathrooms, the functional layout provides a large living room designed for relaxation and ease of movement. Large windows throughout the home allow for incredible natural light to fill the space. The building and unit offer excellent wheelchair accessibility, featuring a secure elevator, wide common areas, step-free access from the secure underground parking space to the unit, and an owned storage locker for easy utility. This well-managed building provides a fantastic array of amenities tailored for a vibrant community lifestyle, including a cozy library, a giant party room with a kitchen, a games room, a guest suite for overnight visitors, a rooftop terrace with amazing views, and plenty of visitor parking. For ultimate convenience, the unit includes in-suite laundry and central air conditioning. Ideally situated in a prime urban location within walking distance to groceries, shops, and restaurants, and just minutes to Uptown Waterloo and Conestoga Mall. This address also offers unbeatable access to the expressway, transit, local schools, and major universities. Flexible possession is available!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$710
LockerOwned
BalconyNone
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,507
mls© NumberX13259750
Listed ByRIGHT AT HOME REALTY
Water Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,791
Property tax
$209
Heat allowance
$150
Condo fees, half counted
$355
Housing costs
$2,505 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $69,980
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,472 / mo
Cash down
$69,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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