$335,000

$378,500For salePrice drop↓ $43,500 (11%)

#1011 5 Wellington Street South, Kitchener - Single Family for Sale

#1011 5 Wellington Street South, Kitchener, Ontario, N2G1C7

1 bed1 bath1 parking550 ft²$526/mo condo feeListed 69 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 550 sq ft of space. Listed at $335,000, it is attractively priced about 16% below the $399,500 median asking price in Kitchener.

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Description

Welcome to urban living at Station Park in the heart of Midtown Kitchener! This stylish apartment condo offers a modern and comfortable lifestyle in one of the city's most exciting and convenient communities. Enjoy contemporary finishes and a thoughtfully designed living space, complemented by the exceptional amenities Station Park is known for. Residents can enjoy an impressive collection of amenities, including a two-lane bowling alley with lounge, swim spa, hot tub, fully equipped fitness centre, Peloton studio, yoga and Pilates spaces, pet spa, and convenient parcel delivery system. Ideally located in Kitchener's Innovation District, you are very close toTannery, Google, the University of Waterloo School of Pharmacy, Grand River Hospital, and the many restaurants, cafes, shops, and entertainment options of Downtown Kitchener. Central Station and the ION LRT are also nearby, providing excellent connectivity throughout Kitchener-Waterloo and convenient access to the surrounding transit network. A fantastic opportunity to enjoy modern condo living in a vibrant, walkable, and transit-connected location. (id:66096)

Property Details

MLS®: X13716834
Property Type: Single Family
Zoning: C5&C3
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $526/mo
Fee Includes: Common Area Maintenance, Heat
Ownership: Condo/Strata
Property Tax: $2,673/yr
Listed: 69 days ago

Rooms

Main level

Bedroom: 3.02 x 3.07 meters
Kitchen: 2.9 x 3.02 meters
Living room: 2.95 x 3.2 meters
Den: 2.18 x 1.65 meters

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
Foundation: Poured Concrete
Exterior: Concrete, Stucco
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

69d

Kitchener listings, avg age

53d

Price / ft²

$610

List price

$335K

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 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 EXP REALTY · Cahit Tutak

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $335,000, about 5.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $65,437 (20% down, 25-yr amortization, stress-tested) — roughly 5% 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)

$335,000· $610/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,750

Min 5%50%

Mortgage payment$1,764/mo

↳ CMHC premium ($12,730 capitalized)

Property tax (est.)$223/mo

Condo fee$526/mo

Total monthly$2,513

Cash Needed to Close

Down payment (5%)$16,750

Land transfer tax$3,500

Est. closing costs$3,505

Total cash needed$23,755

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