Sold for:Sold Feb 18, 2026
$719,900

Unit 41, 54 Blue Springs Drive

Waterloo, ON N2J 4M4

Condo Apartment SoldNot available
Willow Wells III exteriorWillow Wells III6 storeys, 22 suites, built 1980
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 41, 54 Blue Springs Drive, Waterloo

2025-09-30
2026-02-18
Sold
Price
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MLS#
x12434797

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 41, 54 Blue Springs Drive, Waterloo

This beautifully maintained 1,760 sq ft condo at 54 Blue Springs Drive, Unit 41 offers a rare opportunity to own in one of Waterloos most peaceful and picturesque communities. Designed for comfort and flow, the open-plan layout boasts multiple living and dining spaces, perfect for entertaining or quiet evenings by the fireplace. Oversized windows flood the space with natural light and showcase stunning views of the surrounding pond and forested trails. The thoughtfully designed galley kitchen features white cabinetry, granite countertops, and a stylish tile backsplash. Step out to the private balcony and enjoy coffee or cocktails while surrounded by birdsong and gentle breezes. With two spacious bedrooms, two bathrooms, and in-suite laundry, this home offers the ideal balance of style and practicality. The well-managed building includes underground parking, a storage unit, guest parking, BBQ area, and private trails, all on a beautifully landscaped property with water features. This is the ideal lifestyle for downsizers, professionals, or anyone seeking low-maintenance, nature-connected living without compromise.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,069
Land Transfer Tax Fee
$10,873

Condo/Maintenance Fee

Maintenance Fee
$1,100 /month

Included In Maintenance Fee

  • Building Insurance Included
  • Water Included

Rental Items

Under Contract
Hot Water Heater, Water Softener

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In Kitchen, In-Suite Laundry
Interior Extras
Intercom, Water Heater, Water Softener
Fireplace/Stove
Yes
Fireplace Features
Living Room, Wood Stove
Elevator
No

Exterior Features

Balcony
Open
Exterior Extras
Controlled Entry, Landscaped, Patio, Private Pond, Recreational Area

Building Amenities

  • Car Wash
  • Community BBQ
  • Elevator
  • Shared Dock
  • Visitor Parking

Building

Building Type
Condo Apartment
Building Style
1 Storey/Apt
Approx Age
31-50
Condo Corp Number
66

Construction

Exposure
East
Exterior Finish
Stucco (Plaster)
Foundation Details
Poured Concrete
Special Designation
Unknown

Parking & Garages

Garage Type
Underground
Garage Spaces
2
Parking Type
Owned
Parking Spaces
2
Total Garage And Parking Spaces
2

Lockers

Locker Type
Exclusive
Locker Unit
41
Locker Number
41

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Bathroom—
    Main level, 3 Pc Ensuite
  • Bathroom—
    Main level, 4 Pc Bath
  • Bedroom—
    Main level
  • Breakfast—
    Main level
  • Dining Room—
    Main level
  • Family Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Primary Bedroom—
    Main level
  • Utility Room—
    Main level

Washrooms

  • 3-piece
  • 4-piece

Municipality
Waterloo
Main cross streets
King St N and Weber St N
Directions
KING STREET NORTH TO BLUE SPRINGS DRIVE

MLS® number
X12434797
Data source
Toronto Regional Real Estate Board
Status change
2026-02-18
Listed on
2025-09-30
Days on market
141 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for Unit 41, 54 Blue Springs Drive, Waterloo, , . Listed for $719,900

HOMEH Estimate

?

$597,000

Estimated Sales Range

?

$459,346 - $734,654

HOMEH Estimate for Unit 41, 54 Blue Springs Drive, Waterloo

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$597,000Low confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:6.5%

5% on first $500K + 10% on $219,900 over $500K

Minimum down payment

$46,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,895$20,085$17,134$0
=Total mortgage
$699,282$667,995$629,049$575,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,414monthly$3,261monthly$3,071monthly$2,812monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$10,873

Total Land Transfer Tax

$10,873

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