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New7 days ago

611 - 55 Blue Springs Drive

, Waterloo

$495,000

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

AN OASIS IN THE CITY! Enjoy scenic views of the beautifully landscaped grounds, walking trails and the sparkling lights of the city through the floor to ceiling windows in this captivating 2 bedroom, 2 bath 1268 sq ft corner unit condo. You'll appreciate the open and airy layout as you enter the home with a spacious living room and inviting dining room, while the bright kitchen features lots of cupboards and a welcoming breakfast nook. A versatile den or reading area would be the perfect space for a home office, and a convenient in-suite laundry room adds to the ease of everyday living. A storage unit and one underground parking spot are included. This well-run building offers wonderful amenities, including a roof top patio with barbeques, 2 party rooms and a workshop. Desirably located close to greenspace, expressway, shopping and restaurants. FRAME THE VIEW!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$769
LockerExclusive
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,165
mls© NumberX13722106
Listed ByRE/MAX Solid Gold Realty (II) Ltd
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%
$2,534
Property tax
$264
Heat allowance
$150
Condo fees, half counted
$385
Housing costs
$3,332 / mo

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

Down payment20% · $99,000
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,083 / mo
Cash down
$99,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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