Listed for:Listed Sep 16, 2026
$385,000

Unit 402, 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 402, 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 402, 55 Blue Springs Drive, Waterloo, Colonial Acres

Summarized Description

  • Spacious 2 bedroom, 2 bathroom unit
  • Over 1,150 sq ft of living space
  • Bright interiors with large windows
  • In-suite laundry and underground parking
  • Located near scenic trails and green space
  • Minutes from Uptown Waterloo and Conestoga Mall
  • Well-managed building with great amenities
  • Ideal blend of peaceful living and convenience

Spacious 2 bedroom, 2 bathroom unit at The Atriums - condo living at its best! Located on a quiet court surrounded by scenic walking trails and lush green space. Offering over 1,150 sq ft of bright, open living space, with large windows that fill the home with natural light. The functional layout features a galley-style kitchen, separate dining area, and a generous living room ideal for relaxing or entertaining. Enjoy the convenience of in-suite laundry, underground parking, and ample visitor parking. This well-managed building offers excellent amenities including a party room, library, and rooftop terrace. Ideally located just minutes to Uptown Waterloo, Conestoga Mall, transit, and the expressway, this home offers the perfect blend of peaceful living and everyday convenience.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,507
Land Transfer Tax Fee
$4,250

Condo/Maintenance Fee

Maintenance Fee
$700 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Parking Included

Rental Items

Under Contract
None

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Interior Extras
Other, Wheelchair Access
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
None
Accessibility Features
Elevator, Wheelchair Access

Building Amenities

  • Elevator
  • Party Room/Meeting Room
  • Visitor Parking

Building

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

Construction

Exposure
South
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
Washer, Dryer, Stove, Fridge, Dishwasher

Parking & Garages

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

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Bathroom—
    Flat level
  • Bedroom—
    Flat level
  • Dining Room—
    Flat level
  • Bathroom—
    Flat level
  • Bedroom—
    Flat level
  • Kitchen—
    Flat level
  • Living Room—
    Flat level

Washrooms

  • 4-piece, Flat

Municipality
Waterloo
Neighbourhood
Colonial Acres
Main cross streets
King St N / Blue Springs Dr
Zoning
GR
Directions
King St N to Blue Springs Dr

MLS® number
X13794468
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-16
Updated on
2026-09-25
Days on market
36 days
Possession type
Flexible
Co-op commission
2%+HST
Seller
Listed by
FOREST HILL REAL ESTATE INC.

Home Market Value

Current home valuation for Unit 402, 55 Blue Springs Drive, Waterloo, Colonial Acres, Waterloo, ON. Listed for $385,000

HOMEH Estimate

?

$388,738

Estimated Sales Range

?

$342,089 - $449,295

HOMEH Estimate for Unit 402, 55 Blue Springs Drive, Waterloo, Colonial Acres

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

$388,738High confidence
Based on 7 comparable properties
− $3,738 (1%) below our estimate — Good deal!
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

$19,250

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$14,630$10,742$9,163$0
=Total mortgage
$380,380$357,242$336,413$308,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,857monthly$1,744monthly$1,643monthly$1,504monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,250

Total Land Transfer Tax

$4,250

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