514 - 55 BLUE SPRINGS Drive
Waterloo, Ontario
2 bed • 2 bath • Single Family
The Atriums in Waterloo – a well-maintained and very clean condo building located at the end of a cul-de-sac and siding onto greenspace, walking trails and ponds. Unit 514 offers a pleasing layout with professionally and recently completed upgrades. The unit is carpet-free throughout with luxury vinyl flooring and new trim throughout the main living space (installed by Menno Martin, spring 2025). The spacious living/dining room is great for relaxing or entertaining. The gorgeous kitchen, updated by Cerwood in spring 2025, features quartz counters, under cabinet lighting, a great mix of drawers and cupboards (some with glass fronts), a large pantry and five newer appliances (all spring 2025) including an impressive side-by-side fridge/freezer. The living room and kitchen have floor to ceiling windows offering lots of natural light. There are motorized blinds on all the windows. The laundry/storage room has a convenient washer/dryer set (new in May 2025). The primary bedroom offers double closets and a 4-pc ensuite with tub updated by bath-fitter. The second bedroom is on the opposite side of the unit with the second bathroom right beside it (features stylish step-in shower). This unit comes with one parking spot which is conveniently close to the door to the building, and an owned locker. The building offers many useful amenities: party room, library, workshop on the main level; roof-top deck and party room on the penthouse floor. Great location - just minutes to Conestoga Mall, Uptown Waterloo, transit, and highway 7/8.
Price History
Schools
Secondary
- St David Catholic Secondary School0.6 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Waterloo Collegiate Institute1.1 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- Bluevale Collegiate Institute2.2 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- Winston Churchill Public School0.9 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- ÉÉC Mère-Élisabeth-Bruyère1.1 km
French Catholic · CS catholique MonAvenir · 220 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard
- Lincoln Heights Public School1.3 km
Public · Waterloo Region DSB · 450 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 47% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,025
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,025 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$89,980
Estimated Monthly Payment
$2,210
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,210/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $112/mo
Estimates only. Consult a financial advisor.
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