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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Waterloo
  • 116 - Glenridge/Lincoln Heights
  • 55 Blue Springs Drive
55-blue-springs-drive-waterloo-ontario-40794573
55-blue-springs-drive-waterloo-ontario-40794573
55-blue-springs-drive-waterloo-ontario-40794573
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  • Sold Sold in Jan 2026
  • Condo Apt

512 - 55 Blue Springs Drive

Waterloo, 116 - Glenridge/Lincoln Heights
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
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Sold Price: $ 360,000
2.89%
Listed Price: $ 349,900
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Key Facts About 512 - 55 Blue Springs Drive, Waterloo

  • Tax $2,663 / 2025
  • Property Type Residential
  • Building Type Condo/Apt Unit
  • Building Style 1 Storey/Apt
  • Property Attached Attached
  • Maintenance Fees $638.7
  • Building Age 1991
  • Size 1152 feet²
  • Listing # 40794573
  • Data Source ITSO
  • Days on Market 15
  • Listed On 19/12/2025
  • Updated On 30/01/2026
  • Market Demand
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Description

Welcome to THE ATRIUMS, a prestigious condominium in Waterloo! This unit is a very clean and carpet less, in-unit laundry, 2 bedrooms, 2 bathrooms, one garage and exceptional amenities that includes: top roof terrace, party room, guest suite, library, workshop and beautiful main entry hall. This building is well-maintained & located close to shopping, schools, restaurants and easy access to highway.

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Property Details of 512 - 55 Blue Springs Drive, Waterloo

Property

  • Property Type Condo Apt, Attached
  • Style 1 Storey/Apt
  • Fronting On South
  • Community 116 - Glenridge/Lincoln Heights
  • Municipality Waterloo

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Kitchen 1
  • Rooms 10
  • Fireplace Y
  • Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Appliances Included Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer,Window ...View More

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Electric Forced Air

Building

  • Size 1152 feet²
  • Architecture Style 1 Storey/Apt
  • Exterior Feature Landscaped, Recreational Area
  • Roof Tar/Gravel
  • Construction Brick
  • Foundation Type Poured Concrete
  • Amenities Car Wash Area, Barbecue, Elevator(s), Game Room, Guest Suite...View More
  • Building Age 1991

Parking

  • Drive Way Visitor Parking
  • Garage 1
  • Total Parking Places 1

Land

  • Frontage 0.00
  • Depth 0
  • Zoning RMU-40
  • Acreage < 0.5
  • Cross Street KING ST N TO BLUE SPRINGS DR

Features

  • Elevator Y

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Our Estimate

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Estimated Rent

$ 3,116

Rental Yield

8.61%

School Score

7.9/10

Rental Score

5/5

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,208

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $639
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 512 - 55 Blue Springs Drive, Waterloo

Welcome to 55 Blue Springs Drive, Waterloo, where you will find a splendid condo for sale in Waterloo that offers an exceptional living experience in a prestigious community. This well-maintained condominium, known as THE ATRIUMS, is situated in the desirable area of 116 - Glenridge/Lincoln Heights, providing residents with a perfect blend of comfort and convenience.

This delightful condo apartment features a single-storey layout, making it an ideal choice for those seeking ease of access and a straightforward living arrangement. With two spacious bedrooms and two well-appointed bathrooms, this unit is designed to accommodate a variety of lifestyles. The absence of a den allows for a more open living space, ensuring that every room serves a purpose without unnecessary clutter.

As you enter the property, you will immediately appreciate the clean and carpetless interiors that create a fresh and modern atmosphere. The unit is unfurnished, allowing you the freedom to personalise the space to your own taste. The kitchen is well-equipped with essential appliances, including a dishwasher, microwave, refrigerator, stove, dryer, and washer, ensuring that your culinary needs are fully met.

The living area is enhanced by the presence of a fireplace, which adds a touch of warmth and charm, making it the perfect spot for relaxation or entertaining guests. Central air conditioning ensures that you remain comfortable throughout the warmer months, while the electric forced air heating system keeps the space cosy during the colder seasons.

One of the standout features of this condo for sale in Waterloo is the exceptional amenities available to residents. The building boasts a top roof terrace, perfect for enjoying the outdoors and taking in the views of the surrounding area. Additionally, there is a party room for hosting gatherings, a guest suite for visitors, a library for quiet reading, and a workshop for those who enjoy DIY projects. The beautiful main entry hall adds to the overall appeal of the property, making a lasting impression on guests and residents alike.

Although this unit does not have a family room or central vacuum system, it compensates with its generous total of ten rooms, providing ample space for comfortable living. The property also includes a garage space, ensuring that parking is never a concern. While there is no pool on the premises, the landscaped recreational area offers a lovely outdoor space for residents to enjoy.

Located at 55 Blue Springs Drive, Waterloo, this condo is ideally situated near various amenities, including shopping centres, schools, and restaurants. The easy access to the highway further enhances the convenience of this location, making it a perfect choice for commuters and those who enjoy exploring the wider region.

With an age of 1991, this condo has been well-preserved and offers a contemporary living experience in a historic setting. The additional land of less than 0.5 acres provides a manageable outdoor space without the burden of extensive upkeep.

In summary, this condo for sale in Waterloo at 55 Blue Springs Drive, Waterloo, presents an excellent opportunity for those seeking a comfortable and convenient lifestyle. With its two bedrooms, two bathrooms, and a wealth of amenities, it is well-suited for individuals or small families alike. The vibrant community of Glenridge/Lincoln Heights adds to the appeal, making this property a must-see for anyone in the market for a new home. Don’t miss out on this fantastic opportunity to own a piece of this desirable location.

Glenridge/Lincoln Heights is a charming residential area nestled in the vibrant city of Waterloo, offering a delightful blend of suburban tranquillity and urban convenience. This picturesque neighbourhood is characterised by its tree-lined streets, well-maintained parks, and a variety of housing options, making it an ideal choice for families and professionals alike. Residents enjoy easy access to local amenities, including shops, schools, and recreational facilities, while the nearby natural landscapes provide ample opportunities for outdoor activities. With its friendly atmosphere and strong sense of community, Glenridge/Lincoln Heights is a welcoming place to call home, where you can experience the best of both city life and nature.

Schools in the Neighbourhood

This property is ideally situated near several highly-rated educational institutions, making it an excellent choice for families. Within a short distance, you'll find Winston Churchill Public School (0.9 km) and Lincoln Heights Public School (1.3 km), both of which offer strong elementary education with ratings of 4.9 and 5.3, respectively. For secondary education, Waterloo Collegiate Institute is just 1.0 km away, boasting a commendable rating of 6.3. Additionally, St. David Catholic Secondary School is conveniently located only 0.7 km from the property, providing quality Catholic education with a rating of 7.4. Other nearby schools include Sandowne Public School and St. Agnes Catholic Elementary School, both offering diverse language programs in French and English. The area also features MacGregor Public School and Kitchener-Waterloo Collegiate and Vocational School, which further enhance the educational landscape. With a mix of public and Catholic schools, and a range of grades from JK to 12, this neighborhood is well-equipped to meet the educational needs of your family, ensuring a nurturing environment for learning and growth.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a population of 1,607 residents, with an average household size of 2.4 individuals. The community has a median age of 46.8 years, suggesting a mature population. The average household income stands at $105,600, indicating a relatively affluent demographic, with only 8.6% classified as low-income. The average property price in the area is $576,000, reflecting a competitive real estate market. Approximately 39.72% of the population is single, while 40.43% of households include children, highlighting a family-friendly environment. The area is diverse, with 36.16% of residents being immigrants, contributing to its multicultural fabric. Renters make up 15.71% of the population, and 50% of the housing consists of condominiums, catering to various living preferences. Educational attainment is high, with 64.23% of residents holding a college or university degree. However, a significant portion, 44.16%, is not in the labor force, which may reflect a combination of retirement, education, or other factors. Overall, this demographic snapshot indicates a well-educated, diverse, and relatively affluent community with a mix of families and singles.

FAQs About 512 - 55 Blue Springs Drive, Waterloo

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Waterloo is 1152.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 55 Blue Springs Drive?

This property features a garage with space for 1 cars.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $638.7.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Electric Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 512 - 55 Blue Springs Drive, Waterloo

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Listing History

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