$349,900

For sale

243 CHAPEL HILL Drive, Kitchener - Single Family for Sale

243 CHAPEL HILL Drive, Kitchener, Ontario, N2R1N3

2 beds1 bath1 parking865 ft²$211/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 865 sq ft of space. Listed at $349,900, it is attractively priced about 12% below the $399,500 median asking price in Kitchener. It has been on the market 22 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this beautifully maintained 2-bedroom, 1-bathroom stacked townhome, ideally located in a sought-after community. Featuring a bright and spacious open-concept layout, the home seamlessly combines the living, dining, and kitchen areas—perfect for everyday living and entertaining. The contemporary kitchen offers stainless steel appliances, ample cabinetry, and generous counter space. Additional highlights include in-suite laundry with a washer and dryer, neutral finishes throughout, and large windows that fill the home with a natural light. Enjoy a convenient location close to Homer Watson Boulevard, providing easy access to Highway 401 via the Homer Watson interchange. Conestoga College is also nearby, making this an excellent choice for first-time buyers, students, professionals, or investors. A fantastic opportunity to own a stylish, low-maintenance home in a convenient and well-connected location! (id:66096)

Property Details

MLS®: 40870590
Property Type: Single Family
Zoning: R6
Bedrooms: 2
Beds (above / below): 0 above · 2 below
Bathrooms: 1
Parking: 1
Interior Size: 865 ft²
Year Built: 2022
Storeys: 0
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Open
Condo Fee: $211/mo
Fee Includes: Landscaping, Property Management, Insurance
Ownership

Rooms

Lower level

Living room: 13'0'' x 13'6''
Kitchen: 9'9'' x 9'7''
Bedroom: 12'0'' x 8'11''
Primary Bedroom: 16'8'' x 9'0''
4pc Bathroom

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

Features

Appliances: Washer, Dishwasher, Stove, Dryer, Microwave Built-in
Exterior: Brick, Vinyl siding

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

22d

Kitchener listings, avg age

53d

Price / ft²

$405

List price

$350K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 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 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Kitchener has been listed for 22 days, which is 31 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Peak Realty Ltd. · MIRO LUKIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2R)

This home lists at $349,900, about 3.0× the local median household income of $116,000.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $116,000
Population: 18,445
Median age: 32.8
Owner / renter: 80% / 20%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA N2R)

$349,900· $405/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$258/mo

Condo fee$211/mo

Total monthly$2,312

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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