$399,900

$419,900For salePrice drop↓ $20,000 (5%)

#101 399 QUEEN Street South, Kitchener - Single Family for Sale

#101 399 QUEEN Street South, Kitchener, Ontario, N2G0C4

2 beds2 baths1 parking1,081 ft²$773/mo condo feeListed 35 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 1,081 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 35 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this large and beautifully corner suite in a well-manicured building, just steps from Victoria Park. Completed in 2020, this boutique low-rise condo is extremely well managed & maintained with a great sense of community amongst its residents. Known as the Barra on Queen, this is not your average DTK condo building: no waiting for elevators here, plenty of friendly neighbours, gorgeous landscaping, & exceptional amenities. This unit is one of the largest in the building, boasting two bedrooms and 2 bathrooms. The in-suite laundry room offers plenty of storage. Clearly well maintained, the unit offers many modern upgrades you won't find in any generic condo; 9ft ceilings, upgraded light fixtures, backsplash, door & cabinet hardware, storage solutions & more. With exceptionally generous living-dining-kitchen spaces including a huge island with quartz countertop, this is the entertainer's dream. Being a corner unit, the living-kitchen spaces soak up ample natural light with views of the sunset. This unit is located on the 1st floor and offers easy access without having to wait for the elevator from the rear entrance , Building amenities feature a stylish party room, well-equipped fitness centre, and an outdoor patio with BBQ facilities, completing the downtown lifestyle experience. Additional features include bicycle storage, dog wash station, & car share spaces for the urban resident. Assigned underground accessibility parking is included. Embrace the lifestyle you deserve at Barra on Queen! (id:66096)

Property Details

MLS®: 40867495
Property Type: Single Family
Zoning: C3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,081 ft²
Year Built: 2019
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $773/mo
Fee Includes: Parking
Ownership

Rooms

Main level

4pc Bathroom
4pc Bathroom
Bedroom: 9'4'' x 10'1''
Living room: 17'10'' x 15'6''
Primary Bedroom: 10'6'' x 11'8''
Kitchen: 7'0'' x 15'6''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior: Brick
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Kitchener listings, avg age

53d

Price / ft²

$370

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 35 days, which is 18 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Re/Max Real Estate Centre Inc. · JIM ANGELOPOULOS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $399,900, about 6.4× the local median household income of $62,400.

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

$399,900· $370/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.)$374/mo

Condo fee$773/mo

Total monthly$3,253

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