$510,000

For sale

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287 CHAPEL HILL Drive, Kitchener - Single Family for Sale

287 CHAPEL HILL Drive, Kitchener, Ontario, N2R0S4

2 beds3 baths1 parking ft²

#603 15 Prince Albert Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

For saleJust listed

Today

$285K

#603 15 PRINCE ALBERT Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by Re/Max Real Estate Centre Inc.

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

For saleJust listed

Today

$200K

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

1 bd1 ba550 ft²+$471/mo

Listed by RE/MAX MILLENNIUM REAL ESTATE

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

For saleJust listed

Today

$270K

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

1 bd1 ba550 ft²+$502/mo

Listed by RE/MAX TWIN CITY REALTY INC.

Investment analysis

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$510,000

Kitchener

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Description

Take advantage of this move-in-ready 2-storey condo in Doon’s District, offering modern comfort and effortless living. Built in 2022, this bright and spacious unit features 2 bedrooms, 3 baths, and a private terrace overlooking open green space—perfect for morning coffee or evening unwinding. A dedicated parking spot is included, and you’re just minutes from all the amenities Kitchener has to offer, making this an ideal blend of convenience and contemporary style (id:66096)

Property Details

MLS®: 40853087
Property Type: Single Family
Zoning: R-6
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,228 ft²
Year Built: 2022
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $306/mo
Fee Includes: Landscaping, Parking
Ownership: Condo/Strata
Property Tax: $3,527.32/yr
Listed: 92 days ago

Rooms

Second level

Utility room: 5'3'' x 5'6''
Primary Bedroom: 12'5'' x 12'0''
4pc Bathroom
3pc Bathroom
Bedroom: 11'4'' x 12'11''

Main level

2pc Bathroom
Living room: 12'7'' x 14'11''
Kitchen: 11'3'' x 9'4''
Dining room: 11'4'' x 8'11''

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

Market Timing

Days on market

92d

Kitchener listings, avg age

54d

Price / ft²

$415

List price

$510K

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.

Area context

Neighbourhood profile (N2R)

This home lists at $510,000, about 4.4× the local median household income of $116,000.

Carrying it typically needs a household income of about $99,621 (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)

$510,000· $415/ft²

For sale

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Full Cost Breakdown

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Down Payment5.10% · $26,000

Min 5.10%50%

Mortgage payment$2,683/mo

↳ CMHC premium ($19,360 capitalized)

Property tax (est.)$294/mo

Condo fee$306/mo

Total monthly$3,283

Cash Needed to Close

Down payment (5.10%)$26,000

Land transfer tax$6,675

Est. closing costs$4,030

Total cash needed$36,705

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

287 CHAPEL HILL Drive, Kitchener - Single Family for Sale

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Description

Property Details

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Market Timing

Location

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Neighbourhood profile (N2R)

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