$279,900

$299,999For salePrice drop↓ $20,099 (7%)

#1313 60 Frederick Street, Kitchener - Single Family for Sale

#1313 60 Frederick Street, Kitchener, Ontario, N2H0C7

2 beds2 baths0 parking550 ft²$523/mo condo feeListed 68 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 550 sq ft of space. Listed at $279,900, it is attractively priced about 30% below the $399,500 median asking price in Kitchener.

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Description

Welcome to DTK Condos Unit 1313, First time home buyers and Investors Dream! Perfect upscale smart building located in the heart of downtown Kitchener. Featuring 588 sq. ft, 1 Bedroom + Den, 2 washroom unit boosting a spacious Layout in an open-concept living area that seamlessly connects to a modern kitchen, perfect for entertaining guests. Upgraded Floors adding a touch of elegance and warmth. Large windows flood the space with natural light, enhancing the vibrant atmosphere. Modern Kitchen Equipped with S/S appliances, Granite counter tops, and floor to ceiling cabinets. Large balcony over taking beautiful city views, In suite laundry, Smart Home Controls; lights, Rogers thermostat, locks. High Speed Interet and locker included for extra storage space. Across from city hall, endless downtown entertainment options, schools, parks, and just steps to the LRT! Building is pet friendly and has amenities such as terrace with BBQ's, Gym, and 24 Hrs. Concierge. Priced to move! (id:66096)

Property Details

MLS®: X13721160
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $523/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,261.91/yr
Listed: 68 days ago

Features

Appliances: Refrigerator, Dishwasher, Range, Microwave
Exterior: Concrete, Brick
Lot Features: Elevator, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

68d

Kitchener listings, avg age

53d

Price / ft²

$509

List price

$280K

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 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 HOMELIFE/MIRACLE REALTY LTD · SATWINDER JHAJJ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $279,900, about 3.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $54,674 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$279,900· $509/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,995

Min 5%50%

Mortgage payment$1,474/mo

↳ CMHC premium ($10,636 capitalized)

Property tax (est.)$272/mo

Condo fee$523/mo

Total monthly$2,269

Cash Needed to Close

Down payment (5%)$13,995

Land transfer tax$2,674

Est. closing costs$3,340

Total cash needed$20,009

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