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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13830608For SaleCondominium

32-45 Blue Springs Dr

Waterloo, Ontario N2J 4P1

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32-45 Blue Springs Dr, Waterloo, photo 1
Asking$559,000
Bedrooms
1
Bathrooms
2
Size
1,200–1,399sq ft
Per sq ft
$430at the range’s middle
Tax a year
$3,6092026 tax year
Built
31-50
Parking
21 attached
Days on market
Members

The brief

About 32-45 Blue Springs Dr

32-45 Blue Springs Dr is a 1-bedroom, 2-bathroom condo in Waterloo, listed for sale at an asking price of $559,000 (MLS® X13830608).

A rare opportunity to own an exceptional executive residence in one of Waterloo Region's most coveted and sought after condominium communities. Offering this beautifully updated, single-level living space, this elegant bungalow home delivers the space, privacy and quality rarely found in condominium living. Tastefully updated throughout, the residence features two lovely bedrooms, two beautifully finished bathrooms, and an impressive open-concept living experience. The updated kitchen is finished with granite countertops, custom Cherry wood cupboard systems and newer stainless steel appliances. The large oversized island-like counter provides an open view to the Livingroom. The primary bedroom boasts a fully updated en-suite complete with heated flooring. Updated travertine tile and custom flooring throughout the home. An exclusive use attached garage with a convenient man door and a second private entrance directly into the residence is an extraordinary feature seldom found in condo living. The 10' x 20' private storage locker provides an exceptional amount of additional space. This is a complete turnkey move in residence for the savvy buyer seeking modern comfort and effortless one-floor living. A truly special offering in a truly exceptional building like no other in the Region.

Insights

  • Condition Score

    Good

    2 documented update signals

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

  • Cashflow Quality

    Shortfall

    −$1,152/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 25 condos with 1 bedroom for lease in Waterloo right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$3,609 / 2026
MLS® number
X13830608
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
31-50
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Attached, 2 Parking
Listing brokerage: RE/MAX ICON REALTYData 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
1200-1399 sqft
Building Age
31-50
Construction
Brick

Inside

Bedrooms
1
Bathrooms
2
Bathroom Details
1 × 2pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Attached
Garage
1
Additional Parking
1
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
All TV mounts, small TV in kitchen , chair lift system, sofa in spare bedroom, Built-in Microwave, Dishwasher, Dryer, Garage Door Opener, Range Hood, Fridge, Stove, Washer, Window Coverings, Wine Cooler

Rooms

RoomSizeFeaturesLevel
Living3.44 × 3.69 m—Main
Kitchen4.96 × 3.18 m—Main
Dining5.38 × 3.92 m—Main
Primary4.17 × 4.37 m—Main
Bathroom2.65 × 2.77 m3 Pc EnsuiteMain
2nd Br3.32 × 4.34 m—Main
Bathroom1.83 × 2.29 m2 Pc BathMain

Listing history

Buy/sell history for 32-45 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$559,000N/APcX13830608

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $111,800

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
$111,800
Total mortgage amount
$447,200
Total interest payment
$318,100
Total purchase cost
$877,100
Mortgage payment
$2,551/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

56%

Monthly carrying cost

$2,852
−$1,152per month
  • Rent $1,700
  • Shortfall $1,152

Rental income opens at $1,700, the median asking rent of 25 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
$7,655
Total land transfer tax
$7,655
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$3,655
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 $400,000
$2,250
2.0% from $400,000 to $559,000
$3,180
Ontario total
$7,655

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 land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 8 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m1 water-supply well recorded within 250 mGroundwater recorded about 8.7 m below ground nearbyBedrock about 42.7 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 1 water-supply well recorded within 250 m10 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 9.1 m.250 m
  • Groundwater recorded about 8.7 m below ground nearbyThe middle water level in the well records within 500 m (159 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 42.7 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity1

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is E Craftsmen Corporation — E CRAFTSMEN CORPORATION - WATERLOO, 840 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

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 42% above the median, higher than three quarters of them.

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 rail1.2 km
Research and TechnologyGRT light rail: ION light rail1.9 km
NorthfieldGRT light rail: ION light rail1.9 km
University of WaterlooGRT light rail: ION light rail2.1 km
Kitchener GOGO Transit train: Kitchener4.3 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–6850 m80%Grade 6 average
ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.2 km85%Grade 6 average
Lincoln Heights Public SchoolWaterloo Region DSBPublic · grades JK–81.4 km66%Grade 6 average
St Agnes Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–82.4 km63%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 9–122.4 km75%Grade 9 math
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion3.8 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

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Recently sold nearby

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

Email Kassaundra Dobson, Broker of Record