Listed for:Listed Jun 5, 2026
$420,000

Unit 302, 55 Blue Springs Drive

Waterloo (Colonial Acres), ON N2J 4T3

Condo Apartment For Sale
The Atriums exteriorThe Atriums10 storeys, 130 suites, built 1991
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 302, 55 Blue Springs Drive, Waterloo, Colonial Acres

No listing history available

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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 302, 55 Blue Springs Drive, Waterloo, Colonial Acres

Summarized Description

  • Spacious 1,156 sq. ft. unit in a quiet location.
  • Wheelchair accessible with secure elevator access.
  • Large windows provide ample natural light.
  • Includes in-suite laundry and central air conditioning.
  • Close to shops, restaurants, and public transit.
  • Amenities include rooftop terrace and community rooms.
  • Ideal for seniors and downsizers seeking convenience.
  • Flexible possession available for new owners.

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,507
Land Transfer Tax Fee
$4,875

Condo/Maintenance Fee

Maintenance Fee
$710 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included

Basement Type
None

Interior Features

Pets Permitted
No
Laundry Features
In-Suite Laundry
Interior Extras
Carpet Free, Guest Accommodations, Primary Bedroom - Main Floor
View
Garden, Trees/Woods
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None
Exterior Extras
Landscaped, Backs On Green Belt

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
31-50
Condo Corp Number
187

Construction

Exposure
North West
Exterior Finish
Brick Front, Metal/Steel Siding
Roof
Flat
Foundation Details
Poured Concrete
Special Designation
Unknown

Inclusions

Inclusions
Dryer, Range Hood, Stove, Washer

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Main level
  • Bathroom—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom 2—
    Main level

Washrooms

  • 4-piece, Main
  • 4-piece, Main

Municipality
Waterloo
Neighbourhood
Colonial Acres
Main cross streets
King St. N & Blue Springs
Zoning
GR
Directions
King Street North to Blue Springs Dr and/or Weber St N to Forwell Creek Road

MLS® number
X13259750
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-05
Updated on
2026-09-13
Days on market
143 days
Possession type
30-59 days
Co-op commission
2% + HST
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for Unit 302, 55 Blue Springs Drive, Waterloo, Colonial Acres, Waterloo, ON. Listed for $420,000

HOMEH Estimate

?

$402,172

Estimated Sales Range

?

$353,911 - $464,822

HOMEH Estimate for Unit 302, 55 Blue Springs Drive, Waterloo, Colonial Acres

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

$402,172High confidence
Based on 7 comparable properties
+ $17,828 (4%) above our estimate
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

$
Waterloo, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$21,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,960$11,718$9,996$0
=Total mortgage
$414,960$389,718$366,996$336,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,026monthly$1,903monthly$1,792monthly$1,641monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,875

Total Land Transfer Tax

$4,875

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