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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13801700For SaleCondominium

215-30 Blue Springs Dr

Waterloo, Ontario N2J 4T2

3D tour on Vimeo Map
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215-30 Blue Springs Dr, Waterloo, photo 1
Asking$399,900
Bedrooms
2
Bathrooms
2
Size
1,000–1,199sq ft
Per sq ft
$364at the range’s middle
Tax a year
$2,4992025 tax year
Built
31-50
Parking
11 underground
Days on market
Members

The brief

About 215-30 Blue Springs Dr

215-30 Blue Springs Dr is a 2-bedroom, 2-bathroom condo in Waterloo, listed for sale at an asking price of $399,900 (MLS® X13801700).

LAKEFRONT LIVING. CITY CONVENIENCE. Welcome to the highly desirable Waterford community, where peaceful lakeside living meets the best of urban convenience. This bright and spacious 2-bedroom, 2-full-bath suite offers over 1,000 sq. ft. of thoughtfully designed open-concept living space, featuring a desirable split-bedroom layout for added privacy and beautiful views overlooking Four Wells Lake and the surrounding green space. The kitchen and inviting living areas are designed for both comfortable everyday living and effortless entertaining, complemented by thoughtful upgrades including wide-plank laminate flooring, quartz countertops in the kitchen and both bathrooms, and a recently replaced owned HVAC system for added comfort and peace of mind. Step outside and enjoy what makes this community truly special, with access to scenic local trails and a private lakefront boardwalk. Residents also enjoy an impressive array of amenities, including a party room with kitchen, guest suites, library, bike storage, rooftop terrace with gas BBQ, and ample visitor parking. Perfectly positioned near the Forwell Trail and minutes from No Frills, Farm Boy, Conestoga Mall, restaurants, the University of Waterloo, and Wilfrid Laurier University, everything you need is close at hand. Additional highlights include in-suite laundry, one underground parking space, and an exclusive-use storage locker. Whether you're entering the market, simplifying your lifestyle, or looking for an investment opportunity, this is a rare chance to enjoy lakefront living with all the conveniences of city life. **Building has access to local trails and private lakefront boardwalk.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$814/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 45 condos with 2 bedrooms for lease in Waterloo right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$2,499 / 2025
MLS® number
X13801700
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
31-50
Days on market
Size
1000-1199 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: REAL BROKER ONTARIO LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Municipality
Waterloo

Building

Size
1000-1199 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
2 × 4pc, 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Roof
Flat
Fireplace
No
Den
No
Family room
No
Extras
Dishwasher, Dryer, Refrigerator, Stove, Washer
Condo maint.
$881

Rooms

RoomSizeFeaturesLevel
Living5.84 × 3.76 mBalconyMain
Kitchen3.15 × 2.49 m—Main
Dining2.51 × 2.46 m—Main
Primary4.88 × 3.58 m—Main
Bathroom1.68 × 3.58 m4 Pc EnsuiteMain
2nd Br3.76 × 2.64 m—Main
Bathroom2.84 × 1.63 m4 Pc BathMain
Laundry1.24 × 1.35 m—Main

Listing history

Buy/sell history for 215-30 Blue Springs Dr, Waterloo, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$399,900N/APcX13801700

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $79,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$79,980
Total mortgage amount
$319,920
Total interest payment
$227,580
Total purchase cost
$627,480
Mortgage payment
$1,825/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

56%

Monthly carrying cost

$2,914
−$814per month
  • Rent $2,100
  • Shortfall $814

Rental income opens at $2,100, the median asking rent of 45 comparable homes for lease in Waterloo. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$4,474
Total land transfer tax
$4,474
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$474
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $399,900
$2,249
Ontario total
$4,474

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The market

Condos for sale in Waterloo right now

For sale now
140
Median asking price
$393K

Middle half: $324K to $473K

New in 7 days
8

41 in 28 days

Price cuts
22%

31 listings

This home is asking 2% above the median.

See all homes in Waterloo

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
ConestogaGRT light rail: ION light rail1.1 km
NorthfieldGRT light rail: ION light rail1.7 km
Research and TechnologyGRT light rail: ION light rail1.7 km
University of WaterlooGRT light rail: ION light rail2.1 km
Kitchener GOGO Transit train: Kitchener4.6 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Winston Churchill Public SchoolWaterloo Region DSBPublic · grades JK–6750 m80%Grade 6 average
ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.4 km85%Grade 6 average
Sandowne Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion1.7 km68%Grade 6 average
Sir Edgar Bauer Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8 · French Immersion2.3 km75%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St David Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–12 · French Immersion600 m67%Grade 9 math
Waterloo Collegiate InstituteWaterloo Region DSBPublic · grades 9–121.1 km57%Grade 9 math
Bluevale Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.6 km75%Grade 9 math
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion4 km73%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Waterloo are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record