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Basara.

Waterloo · Glenridge/Lincoln Heights · Townhouse · MLS# 40830418

55 BLUE SPRINGS Drive Unit# PH12

$447,900

2

bed

2

bath

1,110

sqft

Townhouse · $404/sqft

Listed May 15, 2026

About this home.

ON TOP OF THE WORLD! Enjoy the scenic views of the beautifully wooded grounds, trails and sparkling lights of the city through the floor to ceiling windows in this captivating 2 bedroom, 2 bath PENTHOUSE condo located in the sought after 'Atriums'. One underground parking space and 1 locker included. AN ADDITIONAL PARKING SPACE CAN BE ACQUIRED FROM SELLER! It will be a joy to cook in the beautifully upgraded kitchen with white shaker style cabinetry with soft close hinges, pantry with pull-out drawers, stainless steel fridge & stove, granite counters and mosaic backsplash situated next to the bright breakfast nook. You'll appreciate the abundant sunlight offered in the spacious living room and inviting dining room. The convenient in-suite laundry offers more storage. The primary bedroom features 2 closets and a RENOVATED ENSUITE BATHROOM with a glass shower, granite vanity and 2 sinks. The second bedroom is situated at the opposite end right next to the updated second bath offering privacy and comfort. Building features 2 party rooms, roof-top lounge, library, workshop and a guest suite. Desirably located close to greenspace, expressway, shopping and restaurants. PANORAMIC VISTAS! (id:59491)

The full record.

Property typeTownhouse
Square footage1,110 sqft
Lot size0
Bedrooms2
Bathrooms2
HeatingForced air
CoolingCentral air conditioning
ListedMay 15, 2026

How this listing prices against Glenridge/Lincoln Heights.

10

Sales

$645,000

Median price

37

Days on market

93.5%

% of list

36

Active listings

N/A

Months supply

Glenridge/Lincoln Heights posted 10 sales and 31 active listings, giving buyers a fair amount of choice in a market that leaned softer than Waterloo overall. The average price came in at $622,880, well below the city average, while homes took nearly 35 days to sell and closed at 92.29% of list, showing more negotiation than most Waterloo neighbourhoods. Activity was split between 6 freeholds and 4 condos, and the price gap between those segments is wide enough to make this one of the more mixed markets in the city right now. Overall, this looks like a value-oriented area where pricing discipline matters.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($89,580)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$2,051

Principal$358,320
Total interest$257,009
Total paid$615,329

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

55 BLUE SPRINGS Drive Unit# PH12, Waterloo — $447,900 | Basara