$459,000

For sale

#1203 55 Duke Street West, Kitchener - Single Family for Sale

#1203 55 Duke Street West, Kitchener, Ontario, N2H0C9

2 beds2 baths1 parking850 ft²$687/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 850 sq ft of space. It has been on the market 42 days, fresher than the Kitchener average of 54 days.

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Description

Welcome to this corner unit , less than 5-year-old modern condo where luxury meets urban convenience in the heart of Downtown Kitchener. This bright and beautifully designed open- concept condo features stunning floor-to-ceiling windows that flood the entire space with natural light. The chef-inspired kitchen is a true showstopper, boasting a sleek quartz breakfast island, extensive drawer storage, premium stainless steel appliances, and a modern hood fan. The spacious living room seamlessly flows out to an oversized balcony-the perfect spot to enjoy your morning coffee or a glass of wine while taking in breathtaking sunsetviews. The primary bedroom has a generous walk-in closet and a luxurious 4-piece ensuite bathroom featuring an oversized window. The second bedroom is equally bright and spacious,positioned steps away from an additional full 4-piece bathroom. Situated in an unbeatable location with a 95 Walk Score, you are just steps away from the ION LRT public transit, City Hall, Google Tech Hub, and a short walk to the beautiful Victoria Park. Enjoy instant access to top-tier restaurants, boutique shops, and local cafes, with quick proximity to the universities and Highway 7/8.Residents enjoy world-class, 5-star building amenities,including: Rooftop Running Track with spectacular city views Fitness Centre featuring a dedicated yoga area Sunbathing Terrace and outdoor BBQ areas for entertaining, Pet-Friendly Facilities including a dog run and pet washing station. Convenient Extras like a car wash station and secure bike storage. Peace of Mind with 24-hour security and your own dedicated underground parking spot. Don't miss the opportunity to experience modern urban luxury at its absolute best.some pictures have been staged (id:66096)

Property Details

MLS®: X13821718
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $687/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,400.77/yr
Listed: 42 days ago

Rooms

Main level

Kitchen: 4.42 x 3.51 meters
Living room: 4.01 x 3.71 meters
Primary Bedroom: 3.86 x 3.15 meters
Bedroom: 3.66 x 3.23 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, Garage door opener remote(s)
Foundation: Concrete
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Kitchener listings, avg age

54d

Price / ft²

$540

List price

$459K

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 42 days, which is 12 days fresher than the city average of 54. Act while there is still low competition.

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Listed by SUTTON GROUP - SUMMIT REALTY INC. · ELSA ESPERANZA TRIANA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $459,000, about 6.2× the local median household income of $73,500.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$459,000· $540/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,950

Min 5%50%

Mortgage payment$2,418/mo

↳ CMHC premium ($17,442 capitalized)

Property tax (est.)$367/mo

Condo fee$687/mo

Total monthly$3,471

Cash Needed to Close

Down payment (5%)$22,950

Land transfer tax$5,655

Est. closing costs$3,877

Total cash needed$32,482

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