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Listed 2 months ago

706 - 55 Blue Springs Drive

, Waterloo

$414,900

Condo Apartment |
2 | 2 | 2 | 1
About this home

Experience the perfect blend of nature and urban sophistication in this meticulously updated, open-concept unit at The Atriums. Featuring premium quartz countertops, designer fixtures, and modern flooring, the bright interior is framed by large windows boasting serene forest views. This rare find offers two spacious bedrooms, two full bathrooms, in-suite laundry, a storage locker, and the ultimate local luxury: two owned parking spaces. Residents enjoy premium building amenities-including a rooftop sun deck, guest suite, workshop, and library-all situated seconds from the expressway, prestigious Universities, and Conestoga Mall. Don't miss this exceptional opportunity; schedule your private viewing today! (Note: Some photos virtually staged).

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$812
LockerOwned
BalconyNone
ExposureNorth East
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,351
mls© NumberX13516496
Listed ByROYAL LEPAGE WOLLE REALTY
Common Elements Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,124
Property tax
$279
Heat allowance
$150
Condo fees, half counted
$406
Housing costs
$2,959 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $82,980
25-yr amortization

Income needed

$91,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$82,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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