Sold for:Sold 1 day ago
$490,000

Unit 311, 55 Blue Springs Drive

Waterloo (Colonial Acres), ON N2J 4T3

Condo Apartment SoldNot available
The Atriums exteriorThe Atriums10 storeys, 130 suites, built 1991
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 311, 55 Blue Springs Drive, Waterloo, Colonial Acres

2026-09-28
2026-10-17
Sold
Price
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MLS#
x13833824

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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 311, 55 Blue Springs Drive, Waterloo, Colonial Acres

Summarized Description

  • Beautifully renovated two-bedroom condo in Waterloo.
  • Stunning open concept with renovated kitchen.
  • Cozy living room with electric fireplace.
  • Flexible den space for home office or reading nook.
  • Primary bedroom features ensuite bathroom and two closets.
  • In-suite laundry with new washer and dryer.
  • Convenient underground parking and storage locker.
  • Close to shopping, restaurants, and trails.

Welcome to this beautifully renovated two-bedroom condo at 55 Blue Springs Drive in Waterloo! Step inside and fall in love with the bright open space including a freshly renovated kitchen! Featuring a stunning new countertop, backsplash, and sink, with all appliances included, including a range hood microwave and Bosch dishwasher. The inviting eat-in area is the perfect spot to enjoy your morning coffee or breakfast. The spacious living room boasts remote control blinds, parquet flooring, and a cozy electric fireplace, creating a warm and welcoming space to relax. This lovely unit also offers a separate dining area and an additional den or flexible living space that can be used however you choose-whether as a home office, reading nook, or extra sitting area. Both bedrooms are generously sized, with the primary bedroom featuring two closets and a convenient 4 piece ensuite bathroom. Both bathrooms have been beautifully updated with new countertops, light fixtures, and mirrors. The in-suite laundry room has a new washer and dryer, plus shelving for extra storage. This condo has been freshened up with new paint, blinds, lights, doors and more! Enjoy the convenience of 1 underground parking space and 1 storage locker, plus 2 party rooms and a library! You can't beat this excellent location close to Highway access, Conestoga Mall, Canadian Tire, shopping, restaurants, and beautiful nearby trails. There's nothing left to do but move in and enjoy! This is a wonderful opportunity to own a stylish, updated condo in a convenient Waterloo location.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,807
Land Transfer Tax Fee
$6,275

Condo/Maintenance Fee

Maintenance Fee
$769 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Building Insurance Included
  • Parking Included

Rental Items

Rental Equipment
NONE

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Auto Garage Door Remote, Primary Bedroom - Main Floor, Storage Area Lockers, Ventilation System
Fireplace/Stove
Yes
Fireplace Features
Electric, Freestanding
Elevator
No

Exterior Features

Balcony
None

Building

Building Type
Condo Apartment
Building Style
1 Storey/Apt
Condo Corp Number
187

Construction

Exposure
South
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
Existing fridge, stove, dishwasher, rangehood microwave, washer, dryer, all window blinds plus remote, garage door remote.

Parking & Garages

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

Lockers

Locker Type
Exclusive
Locker Number
37

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Washrooms

  • 4-piece, Main

Municipality
Waterloo
Neighbourhood
Colonial Acres
Main cross streets
King and Blue Springs
Directions
Kins St N to Blue Springs Drive

MLS® number
X13833824
Data source
Toronto Regional Real Estate Board
Status change
2026-10-17
Listed on
2026-09-28
Days on market
19 days
Possession type
Immediate
Co-op commission
2% plus HST
Seller
Listed by
RE/MAX ICON REALTY

Home Market Value

Current home valuation for Unit 311, 55 Blue Springs Drive, Waterloo, Colonial Acres, Waterloo, ON. Listed for $490,000

HOMEH Estimate

?

$459,000

Estimated Sales Range

?

$384,934 - $533,066

HOMEH Estimate for Unit 311, 55 Blue Springs Drive, Waterloo, Colonial Acres

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

$459,000High confidence
Based on 6 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Minimum Down Payment Required:5.0%

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Minimum down payment

$24,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$18,620$13,671$11,662$0
=Total mortgage
$484,120$454,671$428,162$392,000
Amortization
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Payment frequency
=Mortgage payment
$2,364monthly$2,220monthly$2,091monthly$1,914monthly
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Land Transfer Tax

Provincial

$6,275

Total Land Transfer Tax

$6,275

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