$269,500

For saleJust listed

#1304 1 Victoria Street South, Kitchener - Single Family for Sale

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

1 bed1 bath0 parking550 ft²$502/mo condo feeListed Today

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 550 sq ft of space. Listed at $269,500, it is attractively priced about 33% below the $399,500 median asking price in Kitchener. It has been on the market 0 days, fresher than the Kitchener average of 54 days.

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Description

Enjoy the energy of downtown Kitchener from One Victoria, perfectly positioned in the heart of the Innovation District! This stylish 1-bedroom condo offers the ideal combination of modern finishes, comfortable living & unbeatable convenience. Large windows fill the open-concept living space with natural light, complemented by engineered hardwood flooring & a contemporary kitchen with quartz countertops, stainless steel appliances, tile backsplash & a convenient breakfast bar, while the in-suite laundry adds everyday practicality. One Victoria offers an impressive lineup of amenities, including a fully equipped fitness centre, media/theatre room, resident lounge, beautifully landscaped outdoor terrace with BBQ stations, executive meeting space, secure bicycle storage & on-site concierge. Located in one of Kitchener's most walkable neighbourhoods, you'll find Google, The Tannery, McMaster's School of Medicine, the University of Waterloo School of Pharmacy & beautiful Victoria Park within easy reach. Fantastic restaurants, coffee shops and entertainment are just outside your door, with the ION LRT & Kitchener GO Station just steps away. Whether you're a first-time buyer, busy professional, student or investor, this is the chance to enjoy contemporary condo living in a location that keeps you plugged into the city. PLEASE NOTE: No dedicated parking space is included with the unit but there may be an opportunity to rent one. (id:66096)

Property Details

MLS®: X14149906
Property Type: Single Family
Zoning: D6
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $502/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,022.89/yr
Listed: Today

Rooms

Main level

Bedroom: 2.85 x 3.44 meters
Kitchen: 3.41 x 4.02 meters
Living room: 3.4 x 3.3 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, Oven - Built-In
Exterior: Concrete, Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

54d

Price / ft²

$490

List price

$270K

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 has been listed for 0 days, which is 54 days fresher than the city average of 54. Act while there is still low competition.

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Listed by RE/MAX TWIN CITY REALTY INC. · DAVID SCHOOLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $269,500, about 4.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $52,643 (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)

$269,500· $490/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,475

Min 5%50%

Mortgage payment$1,419/mo

↳ CMHC premium ($10,241 capitalized)

Property tax (est.)$252/mo

Condo fee$502/mo

Total monthly$2,173

Cash Needed to Close

Down payment (5%)$13,475

Land transfer tax$2,518

Est. closing costs$3,309

Total cash needed$19,302

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