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$525K · 2 bed Condo Apartment · Unit 805, 55 Blue Springs Drive, Waterloo, Ontario N2J 4T3 | HomeSearchCanada

$525,000

Unit 805

114 DOM

22114d

Map

DOM 114

Motivated Seller

$525,000

Motivated Seller

DOM114days

Unit 805

55 Blue Springs Drive · Waterloo · Ontario N2J 4T3

MLS® X12935394 · N2J 4T3

22Vacant1200-1399 ft²Condo Apartment1-car UndergroundNo basement114d$404/ft²$2,895 tax/yrNo basement

114 days on market

About this home

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…

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Property details

MLS#: X12935394
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 2 full, 0 half
Rooms: 8
Kitchens: 1
Size: 1200-1399Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Zoning: RMU-40

View: Forest

Condo corp #: 187
Balcony: None
Locker: Exclusive
Fees include: Water Included, Common Elements Included, Building Insurance Included
Pets: No

Garage: 1-car Underground
Garage spaces: 1
Parking: 2 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: King Street North at Blue Springs
Stories: 8
Utilities: —
Laundry: In-Suite Laundry
Interior: Atrium, Intercom
Parking features: Surface

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: ROYAL LEPAGE WOLLE REALTY

Source: TRREB/PROPTX · MLS® X12935394

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$525K

Unit 805 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $525,000✓ $2,895 tax✓ Electric✓ 1200-1399 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,887/mo

incl. closing costs (yr 1)

Annual total

$58,644

year 1

Mortgage only

$1,992/mo

principal + interest

Beyond mortgage

$1,856/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$105,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$241/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,300 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,250/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$73/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,975

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $23,900/yr

Property taxes17% $9,870/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance9% $5,250/yr

Condo fees18% $10,464/yr

Closing costs9% $5,100/yr

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.

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Unit 805

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs