$559,000

$599,000For salePrice drop↓ $40,000 (7%)

#32 45 Blue Springs Drive, Waterloo - Single Family for Sale

#32 45 Blue Springs Drive, Waterloo, Ontario, N2J4P1

1 bed2 baths2 parking1,300 ft²Listed 41 days ago

Overview

This 1-bedroom, 2-bathroom home in Waterloo is for sale offering roughly 1,300 sq ft of space. Listed at $559,000, it is attractively priced about 36% below the $875,000 median asking price in Waterloo. It has been on the market 41 days, fresher than the Waterloo average of 67 days.

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Description

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. (id:66096)

Property Details

MLS®: X13830608
Property Type: Single Family
Zoning: RMU-40
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Attached Garage, Garage, Covered
Ownership: Condo/Strata
Property Tax: $3,609/yr
Listed: 41 days ago

Rooms

Main level

Living room: 3.69 x 3.44 meters
Kitchen: 3.18 x 4.96 meters
Dining room: 3.92 x 5.38 meters
Primary Bedroom: 4.37 x 4.17 meters
Bathroom: 2.77 x 2.65 meters
Bedroom 2: 4.34 x 3.32 meters
Bathroom: 2.29 x 1.83 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water softener, Intercom, Dishwasher, Wine Fridge, Stove, Dryer, Microwave, Water Treatment, Hood Fan, Window Coverings, Garage door opener, Garage door opener remote(s), Water Heater
Exterior: Brick
Lot Features: In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Waterloo listings, avg age

67d

Price / ft²

$430

List price

$559K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Waterloo has been listed for 41 days, which is 26 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX ICON REALTY · DAN PORLIER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2J)

This home lists at $559,000, about 7.5× the local median household income of $74,500.

Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$559,000· $430/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,900

Min 5.53%50%

Mortgage payment$2,928/mo

↳ CMHC premium ($21,124 capitalized)

Property tax (est.)$301/mo

Total monthly$3,229

Cash Needed to Close

Down payment (5.53%)$30,900

Land transfer tax$7,655

Est. closing costs$4,177

Total cash needed$42,732

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