$269,900

For sale

#101 1414 KING Street East, Kitchener - Single Family for Sale

#101 1414 KING Street East, Kitchener, Ontario, N2G4T8

1 bed1 bath1 parking625 ft²$694/mo condo feeListed 30 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 625 sq ft of space. Listed at $269,900, it is attractively priced about 32% below the $399,500 median asking price in Kitchener. It has been on the market 30 days, fresher than the Kitchener average of 53 days.

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Description

A great fit for young professionals, downsizers or first time home buyers. This turn key residence offers maintenance free living with UTILITIES INCLUDED IN THE FEES! Residents enjoy access to an impressive range of amenities, including a bowling alley, fitness gym, library, workshop, billiards, workshop, party room and more!. A fantastic feature is the underground parking. Located in Eastwood across from Rockway Gardens and Rockway Senior Center. Close to shopping, restaurants, transit and the expressway. In addition to these benefits, this suite is carpet free and has newer flooring throughout. It also features an updated bathroom and updated kitchen with new cabinets, new countertops with lots of storage. The private walkout large terrace is perfect for relaxing or entertaining. Contact me today for your private viewing. (id:66096)

Property Details

MLS®: 40868830
Property Type: Single Family
Zoning: C5
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 625 ft²
Year Built: 1988
Storeys: 1
Style: Other
Basement: None
Heating: Hot water radiator heat
Cooling: Central air conditioning
Garage: Underground, Covered
Condo Fee: $694/mo
Fee Includes: Landscaping, Property Management, Heat, Electricity, Water, Insurance

Rooms

Main level

Living room/Dining room: 20'6'' x 24'0''
3pc Bathroom: 4'10'' x 7'4''
Primary Bedroom: 10'2'' x 10'9''
Kitchen: 9'2'' x 7'2''

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

Features

Appliances: Refrigerator, Stove, Garage door opener, Microwave Built-in
Exterior: Brick
Lot Features: Balcony, No Pet Home, 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

30d

Kitchener listings, avg age

53d

Price / ft²

$432

List price

$270K

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 1-bed single family in Kitchener has been listed for 30 days, which is 23 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX SOLID GOLD REALTY (II) LTD. · REBECCA DOREY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $269,900, about 4.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $52,721 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $62,400
Population: 14,580
Median age: 38
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N2G)

$269,900· $432/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,495

Min 5%50%

Mortgage payment$1,422/mo

↳ CMHC premium ($10,256 capitalized)

Property tax (est.)$155/mo

Condo fee$694/mo

Total monthly$2,270

Cash Needed to Close

Down payment (5%)$13,495

Land transfer tax$2,524

Est. closing costs$3,310

Total cash needed$19,329

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