$348,900

For sale

#1213 60 FREDERICK Street, Kitchener - Single Family for Sale

#1213 60 FREDERICK Street, Kitchener, Ontario, N2C0H7

2 beds2 baths1 parking586 ft²$643/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 586 sq ft of space. Listed at $348,900, it is attractively priced about 13% below the $399,500 median asking price in Kitchener. It has been on the market 42 days, fresher than the Kitchener average of 53 days.

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Description

Location, Location, Location! Absolutely Stunning 1+1 Unit With 2 Bathrooms Located In The Heart Of Downtown Kitchener. This Spacious and Bright unit comes with unobstructed View. The Den can easily function as a second bedroom or home office. Modern Laminate Flooring Throughout. High Ceiling. Kitchen With Tall Cabinets, Quartz Counter Top, Porcelain Backsplash & Stainless Steel Appliances. Porcelain Tiles In Both Washrooms. Amenities of this Building include Rooftop Terrace, Party Room, Fitness Centre, Yoga room, Underground Parking and 24hr Concierge. The unit also has smart home technology for convenience. LRT & Bus Stops Right At Your Door Step, Mins To Conestoga College, GO Station, University Of Waterloo, Wilfrid Laurier University & All Other Essential Amenities. Property will be vacant after january 15th. (id:66096)

Property Details

MLS®: 40865130
Property Type: Single Family
Zoning: D-4
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 586 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $643/mo
Fee Includes: Water, Insurance, Parking
Ownership

Rooms

Main level

2pc Bathroom
3pc Ensuite bath
Other: 8'6'' x 7'7''
Den: 6'0'' x 8'0''
Kitchen: 11'0'' x 10'0''
Living room: 8'0'' x 9'2''
Primary Bedroom: 9'11'' x 11'7''

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

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Southern exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Kitchener listings, avg age

53d

Price / ft²

$595

List price

$349K

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 11 days fresher than the city average of 53. Act while there is still low competition.

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Listed by HOMELIFE MIRACLE REALTY LTD · Ajay Shah

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2C)

This home lists at $348,900, about 5.0× the local median household income of $70,000.

Carrying it typically needs a household income of about $68,152 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$348,900· $595/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,445

Min 5%50%

Mortgage payment$1,838/mo

↳ CMHC premium ($13,258 capitalized)

Property tax (est.)$287/mo

Condo fee$643/mo

Total monthly$2,768

Cash Needed to Close

Down payment (5%)$17,445

Land transfer tax$3,709

Est. closing costs$3,547

Total cash needed$24,701

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