Unit PH2, 55 Blue Springs Drive
Waterloo (Colonial Acres), ON N2J 4T3
The Atriums10 storeys, 130 suites, built 1991- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1000–1199Sq Ft
- $2,895Tax
- $709/moCondo Fee
Estimated Value:$407,968See Free Estimate Report
Property not available for sale or for rent.
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit PH2, 55 Blue Springs Drive, Waterloo, Colonial Acres
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About Unit PH2, 55 Blue Springs Drive, Waterloo, Colonial Acres
Summarized Description
- Sophisticated penthouse living in Waterloo.
- Stylish carpet-free interior with natural light.
- Dramatic floor-to-ceiling windows with city views.
- Updated with new furnace and air conditioner.
- Exclusive access to premium penthouse amenities.
- Includes covered parking and storage locker.
- Perfect blend of luxury and convenience.
- Located in a sought-after area of Waterloo.
Experience sophisticated penthouse living in the heart of Waterloo. This stunning two-bedroom, two-bathroom residence features a stylish carpet-free interior and dramatic floor-to-ceiling windows that flood the space with natural light while showcasing sweeping views of lush green space and the city skyline. Thoughtfully updated with a new furnace and air conditioner (2021), this home offers both comfort and peace of mind. Enjoy an exceptional lifestyle with exclusive access to premium amenities, including a penthouse rooftop terrace, penthouse lounge, party room, workshop, and private library. Complete with covered parking (second parking space available), a storage locker, and ample visitor parking, this beautifully maintained residence offers the perfect blend of luxury, convenience, and low-maintenance living in one of Waterloo's most sought-after locations. Come see this fantastic Penthouse! Sellers are motivated!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,895
- Land Transfer Tax Fee
- $5,325
Condo/Maintenance Fee
- Maintenance Fee
- $709 /month
Included In Maintenance Fee
- Water Included
- Building Insurance Included
- Parking Included
- Common Elements Included
- Basement Type
- None
Interior Features
- Pets Permitted
- No
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Carpet Free, Storage Area Lockers
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
Building
- Building Type
- Condo Apartment
- Building Style
- Multi-Level
- Condo Corp Number
- 187
Construction
- Exposure
- South East
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- Fridge (2021), Stove (2021), Dishwasher, Washer (2024), Dryer - all appliances considered as is (everything is working)
Exclusions
- Exclusions
- Stand up freezer in kitchen, mirror in living room
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Exclusive
- Locker Number
- 95
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Washrooms
- 4-piece
- Municipality
- Waterloo
- Neighbourhood
- Colonial Acres
- Main cross streets
- King St N
- Directions
- King St N > Blue Springs Dr
- MLS® number
- X13508488
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-30
- Listed on
- 2026-06-30
- Days on market
- 92 days
- Possession date
- 2026-08-14
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- M1 Real Estate Brokerage Ltd
Home Market Value
Current home valuation for Unit PH2, 55 Blue Springs Drive, Waterloo, Colonial Acres, Waterloo, ON. Listed for $442,500
HOMEH Estimate
$407,968
Estimated Sales Range
$355,931 - $487,064
HOMEH Estimate for Unit PH2, 55 Blue Springs Drive, Waterloo, Colonial Acres
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$22,125
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,815 | $12,346 | $10,532 | $0 |
=Total mortgage | $437,190 | $410,596 | $386,657 | $354,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,135monthly | $2,005monthly | $1,888monthly | $1,728monthly |
Land Transfer Tax
$5,325
$5,325
Around this home
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