55 Blue Springs Drive, Unit PH2 — photo 1

For sale

This one's priced below recent comparable sales, and price reduced $5k. Here's everything I've got — ask me anything about it.

Waterloo · Waterloo Region

55 Blue Springs Drive, Unit PH2

Condo Apartment

MLS® #X13508488

Listed for$442,500$447,500Price reduced from $447,50069 days on market

2 bed 2 bath 1 parking 1000-1199 sq ft~$402/sq ft

Price reduced $5K
69 days on market
4 schools within 1 km
Transit stop ~350 m

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Is $442,500 a fair price?

Our read: it’s priced below recent comparable sales — based on 28 sales nearby. Sign in free to see exactly how far below it is, plus the full range comparable homes sold in.

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Measured against 28 recent comparable sales nearby — sign in free to see the range they sold in (boards require a verified email · VOW rules).

Est. all-in monthly~$3,009/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

4 schools within ~1 km · nearest transit stop ~0.35 km

Property information

What condo buyers ask first

Maintenance fee: $709 / month
Fee includes: Water · Parking
Square footage: 1000-1199 sq ft
Parking: 1 space · Underground
Locker: Exclusive
Exposure: South East
Balcony: None
Property tax: $2,895 / yr
Building: 10-storey building · Ensuite laundry

Property summary

Property type: Condo Apartment
Style: Multi-Level
Parking: 1 space · Underground
Heating: Forced Air
Air conditioning: Central Air
Basement: None
Kitchens: 1
Exterior: Brick
Property tax: $2,895 / yr
MLS®: X13508488

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$495,000

Below recent sales

55 Blue Springs Drive, Unit 611

2 bed · 2 bath·1200-1399 sq ft·1 parking·$769/mo fee

Waterloo

Listed 11 days ago · RE/MAX Solid Gold Realty (Ii) Ltd

Condo Apartment

$449,900

Below recent sales

55 Blue Springs Drive, Unit 514

2 bed · 2 bath·1000-1199 sq ft·1 parking·$710/mo fee

Waterloo

Listed 54 days ago · RE/MAX Twin City Realty Inc.

Condo Apartment

$414,900

Below recent sales

55 Blue Springs Drive, Unit 706

2 bed · 2 bath·1000-1199 sq ft·2 parking·$812/mo fee

Waterloo

Listed 68 days ago · Royal LePage Wolle Realty

Condo Apartment

$639,000

Below recent sales

45 Blue Springs Drive, Unit 31

2 bed · 2 bath·1600-1799 sq ft·2 parking·$970/mo fee

Waterloo

Listed 4 days ago · RE/MAX Icon Realty

Condo Apartment

$650,000

Below recent sales

52 Blue Springs Drive, Unit 32

2 bed · 2 bath·1600-1799 sq ft·2 parking·$1,100/mo fee

Waterloo

Listed 28 days ago · RE/MAX Twin City Realty Inc.

Condo Apartment

$415,000

Below recent sales

30 Blue Springs Drive, Unit 215

2 bed · 2 bath·1000-1199 sq ft·1 parking·$881/mo fee

Waterloo

Listed 61 days ago · Real Broker Ontario Ltd.

The numbers that matter

Maintenance fee: $709/mo
Property tax: $2,895/yr
Est. all-in: ~$3,009/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Waterloo Independent Secondary SchoolPrivate · Secondary · ..0.4 km
AIM KW SchoolPrivate · Elementary & Secondary · ..0.4 km
St David Catholic Secondary SchoolCatholic · Secondary · Waterloo CDSB0.6 km
Winston Churchill Public SchoolPublic · Elementary · Waterloo Region DSB0.9 km
Vanguard Online AcademyPrivate · Secondary · ..1.0 km
Waterloo Collegiate InstitutePublic · Secondary · Waterloo Region DSB1.0 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Lexington / Dearborn Pl.Nearest transit · Bus stop~350 m
WaterlooNearest GO / rail · GO / regional rail~2.1 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Waterloo

$720KMedian sold

34Median days on market

100.1%Sale-to-list

Median sold price · Waterloo1-yr +6% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Waterloo

121,436Population (2021)

36Median age

$94,000Median household income

61.3%Home owners

38.7%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

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, including a penthouse rooftop terrace, penthouse lounge, party room, workshop, and private library. Complete with covered parking (second parking space available), a storage locker, and ample visitor parking, this beautifully maintained residence offers the perfect blend of luxury, convenience, and low-maintenance living in one of Waterloo's most sought-after locations. Come see this fantastic Penthouse! Sellers are motivated!

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by M1 Real Estate Brokerage Ltd. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.