$389,900

For sale

#110 71 VANIER Drive, Kitchener - Single Family for Sale

#110 71 VANIER Drive, Kitchener, Ontario, N2C1J4

2 beds1 bath1 parking968 ft²$697/mo condo feeListed 47 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 968 sq ft of space. Its $389,900 asking price sits right in line with the $399,500 median in Kitchener. It has been on the market 47 days, fresher than the Kitchener average of 53 days.

Condos for Sale in Kitchener →All real estate in Kitchener →

Description

Affordable, Move-In Ready & Packed with Value! This spacious main-level condo features a private terrace, perfect for relaxing or entertaining. Inside, enjoy an updated kitchen with quartz counters, stainless steel appliances and undermount sink, plus a bright, carpet-free living room with direct access to the outdoor space and a generous dining area. Two spacious bedrooms include a primary with walk-in closet, along with an updated 4-piece bathroom and convenient in-suite laundry (formerly a 2-piece powder room and easily converted back). Condo fees include heat, hydro, water, exterior maintenance, building insurance and management fees—helping make monthly expenses more predictable. Transit is right across the street, easy access to the LRT, Hwy 7, Hwy 8 & 401. Just 5 minutes to Fairview Park Mall, approximately 15 minutes to the University of Waterloo, and walking distance to parks and schools. Affordable, low-maintenance living in a convenient location! (id:66096)

Property Details

MLS®: 40857539
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 968 ft²
Year Built: 1977
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters, Electric
Garage: Open
Condo Fee: $697/mo
Fee Includes: Heat, Electricity, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Main level

4pc Bathroom
Laundry room: 7'2'' x 8'0''
Bedroom: 9'0'' x 11'4''
Primary Bedroom: 10'11'' x 14'2''
Kitchen: 7'7'' x 7'10''
Living room: 14'8'' x 15'7''
Dining room: 7'10'' x 8'8''

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, Window Coverings, Microwave Built-in
Exterior: Brick, Other
Lot Features: Southern exposure, Conservation/green belt, Balcony, Laundry- Coin operated

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

47d

Kitchener listings, avg age

53d

Price / ft²

$403

List price

$390K

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 47 days, which is 6 days fresher than the city average of 53. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX Escarpment Realty Inc. · Daniella Aitken

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2C)

This home lists at $389,900, about 5.6× the local median household income of $70,000.

Carrying it typically needs a household income of about $76,161 (20% down, 25-yr amortization, stress-tested) — roughly 9% above the area median.

Median household income: $70,000
Population: 17,681
Median age: 36.8
Owner / renter: 33% / 67%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N2C)

$389,900· $403/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $19,495

Min 5%50%

Mortgage payment$2,054/mo

↳ CMHC premium ($14,816 capitalized)

Property tax (est.)$132/mo

Condo fee$697/mo

Total monthly$2,883

Cash Needed to Close

Down payment (5%)$19,495

Land transfer tax$4,324

Est. closing costs$3,670

Total cash needed$27,489

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator