514 - 55 Blue Springs Drive
Waterloo, ON
- 2 bed
- 2 bath
- approx. 1000-1199 sqft
- Condo Apartment
- 61 days on market
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 in the main living space (installed by Menno Martin, Spring 2025). The spacious living/dining room is a great space for relaxing or entertaining. The gorgeous kitchen was updated by Cerwood (Spring 2025) and features quartz counters, under cabinet lighting, a great mix of drawers and cupboards (some with glass fronts), a large pantry and five appliances (all new in 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 stackable 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 - nestled beside trails, ponds, and greenspace, just minutes to Conestoga Mall, Uptown Waterloo, transit, and highway 7/8.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $2,621
- Listed
- July 13, 2026
Price History
Property
- Style
- 1 Storey/Apt
- Age
- 31-50
- Construction
- Brick
- Roof
- Flat, Tar and Gravel
- Foundation
- Concrete
- Interior
- Auto Garage Door Remote, Guest Accommodations
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- King St N
- Zoning
- GR
- Parcel Number
- 231870366
- Possession
- Flexible
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $710/month
- Fee Includes
- Water Included, Common Elements Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- None
- Amenities
- Bike Storage, Elevator, Guest Suites, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Included
- Inclusions
- dishwasher, microwave, stove, range hood, fridge, freezer, washer, dryer
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 Institute2.4 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-Bruyère1.2 km
French Catholic · CS catholique MonAvenir · 220 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard
- KidsAbility School1.2 km
Hospital · KidsAbility E A · 90 students
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
Residential Condo & Other in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,030
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,030 recorded sales of residential condo & other properties in Waterloo over the last 12 months.
Rooms
3-piece on Main, 4-piece on Main
Main
- Bedroom10'1" x 14'3"
- Dining Room11'10" x 8'4"
- Foyer5'9" x 7'7"
- Kitchen7'8" x 18'7"
- Living Room13'2" x 18'10"
- Primary Bedroom11' x 13'8"
Listed by
RE/MAX TWIN CITY REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$89,980
Estimated Monthly Payment
$2,210
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,210/mo (20% down, 5.5%)
Taxes: $218/mo · Insurance: $112/mo
Maint: $710/mo
Estimates only. Consult a financial advisor.
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