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$442,500
55 Blue Springs Drive · Waterloo · Ontario N2J 4T3
115 days on market
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…
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: M1 Real Estate Brokerage Ltd
Source: TRREB/PROPTX · MLS® X13508488
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20%+ down — no CMHC premium
≈ $0.13/ft² × ~1,100 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 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $20,144 | $1,679/mo |
| Government & taxes | ||
| Property tax | $2,895 | $241/mo |
| Land transfer tax(closing) | $5,325 | $444/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%) | $4,425 | $369/mo |
| Condo fees | ||
| Condo / HOA fees | $8,508 | $709/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 | $50,457 | $4,205/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.