$399,900

For sale

4 CHELTENHAM Mews, Kitchener - Single Family for Sale

4 CHELTENHAM Mews, Kitchener, Ontario, N2H0B2

2 beds3 baths1 parking1,097 ft²$230/mo condo feeListed 22 days ago

Overview

This 2-bedroom, 3-bathroom condo in Kitchener is for sale offering roughly 1,097 sq ft of space. Its $399,900 asking price sits right in line with the $399,500 median 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 4 CHELTENHAM MEWS – STYLE, COMFORT & LOCATION! This beautifully updated, one-owner townhome in desirable Victoria Commons is move-in ready and sure to impress! FRESHLY PAINTED and CARPET-FREE(except for stairs), this inviting home features a bright entrance with CUSTOM MAPLE BENCH AND COAT RACK, plus CONVENIENT GARAGE ACCESS. The stylish kitchen boasts QUARTZ COUNTERS, stainless steel appliances(fridge, gas stove ,dishwasher) CUSTOM PANTRY AND ISLAND, and walkout to a PRIVATE DECK OVERLOOKING PEACEFUL GREENSPACE AND WALKING TRAIL! Relax in the living room beside the COZY FIREPLACE. Upstairs, discover new LUXURY VINYL PLANK FLOORING, convenient laundry, 2 spacious bedrooms and 2 full bathrooms, including a primary ensuite. A VERSATILE BONUS ROOM behind the garage offers endless possibilities for a home office, gym or additional living space, complete with a 3-piece bathroom rough-in. Enjoy LOW CONDO FEES OF JUST $230/MONTH! FANTASTIC LOCATION near the ION LRT, GO Station, Google, Tannery District, Breithaupt Park, shopping, restaurants and expressway access. MODERN LIVING, GREENSPACE VIEWS & URBAN CONVENIENCE – ALL IN ONE! Book your showing today! (id:66096)

Property Details

MLS®: 40870937
Property Type: Single Family
Zoning: R6
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,097 ft²
Frontage: 15 ft
Year Built: 2016
Storeys: 3
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Attached Garage, Visitor Parking
Fireplace: Yes
Condo Fee

Rooms

Main level

Utility room: 12'10'' x 14'3''

Third level

3pc Ensuite bath: 5'1'' x 7'7''
Primary Bedroom: 12'0'' x 12'0''
4pc Bathroom: 5'0'' x 7'5''
Bedroom: 9'1'' x 12'0''

Second level

2pc Bathroom: 5'2'' x 4'7''
Living room: 10'9'' x 14'3''
Dining room: 7'2'' x 10'11''
Kitchen: 9'0'' x 14'3''

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, Gas stove(s), Dishwasher, Dryer, Window Coverings, Garage door opener
Exterior: Brick, Vinyl siding
Lot Features: Balcony, Automatic Garage Door Opener

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

$365

List price

$400K

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 RE/MAX Twin City Realty Inc. · LAURIE KEYES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $399,900, about 5.4× the local median household income of $73,500.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$399,900· $365/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$299/mo

Condo fee$230/mo

Total monthly$2,635

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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