$279,000

$299,000For salePrice drop↓ $20,000 (7%)

#1010 104 Garment Street, Kitchener - Single Family for Sale

#1010 104 Garment Street, Kitchener, Ontario, N2G0C8

2 beds1 bath0 parking650 ft²$587/mo condo feeListed 155 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Listed at $279,000, it is attractively priced about 30% below the $399,500 median asking price in Kitchener.

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Description

Excellent opportunity for first-time buyers and investors. Bright and spacious 1 Bedroom + Den featuring an upgraded kitchen and unobstructed northeast views. Functional open-concept layout with a versatile den, ideal for a home office, dining area, or additional living space. Well-managed building with great amenities including a gym, party room, and rooftop facilities. Prime Downtown Kitchener location within walking distance to Google Waterloo and close to universities, colleges, and major tech employers. Convenient access to LRT, GO Transit, and the future transit hub. Steps to shopping, dining, and everyday essentials. Tenant is willing to stay. Currently paying approximately $1,900/month. (id:66096)

Property Details

MLS®: X13231248
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 0
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $587/mo
Ownership: Condo/Strata
Property Tax: $3,364.52/yr
Listed: 155 days ago

Features

Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

155d

Kitchener listings, avg age

54d

Price / ft²

$430

List price

$279K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by RE/MAX GOLD REALTY INC. · KIRAN RANDHAWA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $279,000, about 4.5× the local median household income of $62,400.

Carrying it typically needs a household income of about $54,498 (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)

$279,000· $430/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,950

Min 5%50%

Mortgage payment$1,469/mo

↳ CMHC premium ($10,602 capitalized)

Property tax (est.)$280/mo

Condo fee$587/mo

Total monthly$2,337

Cash Needed to Close

Down payment (5%)$13,950

Land transfer tax$2,660

Est. closing costs$3,337

Total cash needed$19,947

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