$685,000

For sale

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854 DOON VILLAGE Road East, Kitchener - Single Family for Sale

854 DOON VILLAGE Road East, Kitchener, Ontario, N2P1A3

#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

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1 bd1 ba1 pk550 ft²+$533/mo

Listed by Re/Max Real Estate Centre Inc.

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$200K

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1 bd1 ba550 ft²+$471/mo

Listed by RE/MAX MILLENNIUM REAL ESTATE

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For saleJust listed

Today

$270K

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1 bd1 ba550 ft²+$502/mo

Listed by RE/MAX TWIN CITY REALTY INC.

Investment analysis

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$685,000

Kitchener

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Description

This modern and spacious 3-bedroom, 3-bathroom home offers comfortable living in a highly convenient location, less than 5 minutes from Conestoga College - Doon Campus. Ideal for students, families, professionals, or investors. Enjoy contemporary finishes, bright living spaces, multiple bathrooms, and convenient access to transit, shopping, restaurants, parks, major roads and other amenities. A great opportunity to live in or invest in one of Kitchener's sought-after areas. LIVE , INVEST, GROW, and Discover this stylish 3-bedroom, 3-bathroom townhome in the desirable Doon Village area of Kitchener. Designed for modern living, this home offers a practical layout with generous living space and the convenience of three bathrooms. Perfect for First-time buyers Families Professionals Students InvestorsA fantastic opportunity to own a modern home in a convenient Kitchener location with strong appeal for both end-users and investors. (id:66096)

Rooms

Upper Level

Bedroom: 5.3 x 4.36 meters

Main level

Bedroom 2: 2.77 x 3.54 meters
Bedroom 3: 0.22 x 0.29 meters
Kitchen: 2.68 x 3.54 meters
Living room: 3.93 x 2.16 meters

Third level

Loft: 5.51 x 7.46 meters

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

51d

Kitchener listings, avg age

53d

Price / ft²

$527

List price

$685K

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 (N2P)

This home lists at $685,000, about 6.2× the local median household income of $110,000.

Carrying it typically needs a household income of about $133,804 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $110,000
Population: 25,040
Median age: 36
Owner / renter: 76% / 24%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N2P)

$685,000· $527/ft²

For sale

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Full Cost Breakdown

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Down Payment6.35% · $43,500.00

Min 6.35%50%

Mortgage payment$3,557/mo

↳ CMHC premium ($25,660 capitalized)

Est. property tax$0/mo

Condo fee$413/mo

Total monthly$3,969

Cash Needed to Close

Down payment (6.35%)$43,500

Land transfer tax$10,175

Est. closing costs$4,555

Total cash needed$58,230

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

854 DOON VILLAGE Road East, Kitchener - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N2P)

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Full Cost Breakdown