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Listed 24 days ago

32 - 52 Blue Springs Drive

, Waterloo

$650,000

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

A RARE opportunity to own a spacious corner unit with peaceful views! Offering 1,767 sq. ft. of living space with 2 bedrooms, 2 full bathrooms and in-suite laundry, this bright and inviting condo offers an exceptional combination of space, privacy, and tranquility. Surrounded by mature greenery, large windows capture an abundance of natural light and showcase beautiful lake and greenspace views throughout. The spacious dining room flows into the sun-filled living room, featuring a charming electric fireplace - a lovely place to relax and enjoy the scenery. The covered balcony is the perfect spot for morning coffee, peaceful greenspace views, and listening to the birds sing. The generous eat-in kitchen offers abundant cabinetry, plenty of workspace, and a large island with a clever hidden pull-out trolley, perfect for entertaining or everyday convenience. The thoughtfully designed layout includes a main-floor laundry room and full 4-piece bathroom. The oversized primary bedroom offers plenty of space to unwind, a walk-in closet, and a 3-piece ensuite with a large walk-in shower. The spacious second bedroom is wonderfully versatile as a guest room, home office, or den, and features a lovely Murphy bed that makes hosting overnight guests a breeze. It also enjoys peaceful greenspace views. Complete with 2 underground parking spaces and a storage locker, this is carefree condo living at its best. Enjoy nearby walking trails while being conveniently close to Conestoga Mall, LRT, highways, shopping, transit, and all amenities.

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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
Size1600-1799 sq. ft.
Maintenance Fees$1,100
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$3,863
mls© NumberX13663122
Listed ByRE/MAX TWIN CITY REALTY INC.
CAC Included
Building Insurance Included
Parking 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%
$3,327
Property tax
$322
Heat allowance
$150
Condo fees, half counted
$550
Housing costs
$4,349 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

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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