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$525,000
55 Blue Springs Drive · Waterloo · Ontario N2J 4T3
114 days on market
An exceptional lifestyle at The Atriums in Waterloo. This wonderful 8th floor corner unit features a bonus sunroom/solarium currently used as a dining room and a large bright living room with floor to ceiling windows. Large bright kitchen with dinette. Two bedrooms and two four-piece bathrooms, one an ensuite. Two parking spaces, one underground, visitor parking. Storage locker. In-unit laundry. Condominium features include controlled entry, a rooftop terrace & lounge, library, workshop, bicycle…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE WOLLE REALTY
Source: TRREB/PROPTX · MLS® X12935394
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,300 ft² · incl. electric heat
Electric heat — no gas service · see hydro
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $23,900 | $1,992/mo |
| Government & taxes | ||
| Property tax | $2,895 | $241/mo |
| Land transfer tax(closing) | $6,975 | $581/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,250 | $438/mo |
| Condo fees | ||
| Condo / HOA fees | $10,464 | $872/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $58,644 | $4,887/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.