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Listed 2 months ago

305 - 30 Blue Springs Drive

, Waterloo

$449,000

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

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.**INTERBOARD LISTING: CORNERSTONE ASSOCIATION OF REALTORS**

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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$911
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$2,507
mls© NumberX13545040
Listed ByProperty.ca Inc., Brokerage
Common Elements Included
Building Insurance Included
Water Included
Parking Included
Condo Taxes 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%
$2,298
Property tax
$209
Heat allowance
$150
Condo fees, half counted
$455
Housing costs
$3,112 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

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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