6 days on Market

54 Blue Springs Dr #62, Waterloo, Ontario N2J 4M4

In the same building:
-
Condo
1
2 + 1
~1375.77 sqft
$586,000
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Condo
1
2 + 1
~1375.77 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$425/sqft

Est. Mortgage$2,517/mo

Maintenance fees$1100/mo

Tax Amount (2024)$3,881/yr

Days On Market6 days


Description

Top-Floor Penthouse with Spectacular Lake Views at Four Wells Lake! Welcome to this beautifully maintained 1 bed+ den, 2 bathroom penthouse suite located on the 6th floor of a quiet, well-managed building with only four units per floor. Enjoy breathtaking views of Four Wells Lake from two private balconies, along with a spacious, light-filled layout featuring Corian kitchen counters, crown moulding, and built-in appliances. The open-concept living space includes a bright kitchen, walk-in laundry room, pantry, and extra storage. The versatile den can easily be converted into a second bedroom or formal dining area. This unit includes two parking spaces conveniently located near the elevator, plus access to a residents-only car wash. Located just minutes from Conestoga Mall, the expressway, both universities, trails, tennis courts, schools, and great local restaurants, this lifestyle property offers the perfect balance of nature and city convenience. Don't miss your opportunity to own a rare penthouse suite in one of Waterloo’s most desirable communities!


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1375.77 SqFt
Lot Size-
Parking Spaces2
MLS ®Number40720625
Community NameDearborn
Data SourceITSO
Listing byForest Hill Real Estate Inc. Brokerage

Features

Heating: Electric, Forced Air
Cooling: Central Air

Main Floor

Kitchen

9.02 x 8.06

Bedroom Primary

5.33 x 4.80

Dinette

14.01 x 16.05

Dining Room

12.02 x 17.01


Features

Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 0

Total parking spaces 2


Elevator
Amenities

Barbecue, Elevator(s), Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 14, 2025
ListedActive
$586,000
6 days on market
history photo preview31
Listing by itso®
Property listed by Forest Hill Real Estate Inc. Brokerage, Brokerage

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Market Data - Dearborn

Geo Zone Map ThumbnailDearborn

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2024

17 days

2023

21 days

2022

6 days

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

2023

1 listing

2022

4 listings

Units sold

Past 30 days

0 unit

Compared to

2024

4 units

2023

1 unit

2022

3 units

Median Sold Price

Past 30 days

$0

Compared to

2024

$513,000

2023

$700,000

2022

$533,000


Population and Demographics

Overview

Total population 2019
Average household income $102,186

Age (%)

20 to 34
32%
0 to 19
18%
65 and plus
18%
50 to 64
16%
35 to 49
15%

Household composition (%)

Single family
54%
Single person
33%
Multi person
13%
Multi family
1%

Mother tongue (%)

English
74%
Mandarin
5%
Others
3%
Punjabi (Panjabi)
2%
Arabic
2%
Spanish
2%
German
2%
Hindi
2%
Iranian Persian
2%
Gujarati
1%

House tenancy (%)

Renters
51%
Owners
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget