$549,000

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#1406 5 Wellington Street South, Kitchener - Single Family for Sale

#1406 5 Wellington Street South, Kitchener, Ontario, N2G0E3

2 beds2 baths1 parking$683/mo condo feeListed 100 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale.

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

Description

**Suite comes with a rare, pre-approved short-term occupancy/Airbnb license** Welcome to Station Park, one of Kitchener's premier condo communities in the heart of the Innovation District. This modern 2-bedroom, 2-bathroom suite with 1 underground parking space features a bright open-concept layout, contemporary finishes and stainless steel appliances. Ideally located just steps to Google Canada, Communitech, Deloitte, Kitchener GO Station, VIA Rail, ION LRT, Downtown Kitchener, Victoria Park, restaurants, cafés, shopping, and entertainment. Quick access to Highway 7/8 makes commuting throughout Waterloo Region and the GTA effortless. Residents enjoy exceptional amenities, including a fitness centre, Peloton room, swimming pool, party room, co-working lounge, outdoor BBQ and lounge areas, concierge, and visitor parking. Perfect for first-time buyers, professionals, downsizers, or investors seeking a stylish home in one of Waterloo Region's fastest-growing and most connected neighbourhoods. *some photos have been virtually staged* (id:66096)

Property Details

MLS®: X13611252
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $683/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,297/yr
Listed: 100 days ago

Rooms

Flat

Living room: 6.18 x 3.12 meters
Kitchen: 2.37 x 3.12 meters
Primary Bedroom: 3.41 x 3.14 meters
Bedroom 2: 3.15 x 2.92 meters
Bathroom: 2.37 x 1.51 meters
Laundry room: 0.97 x 0.94 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, Blinds
Flooring: Tile, Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

100d

Kitchener listings, avg age

54d

List price

$549K

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 RE/MAX HALLMARK REALTY LTD. · ERICKA SAN LUIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $549,000, about 8.8× the local median household income of $62,400.

Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 72% above 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)

$549,000

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$275/mo

Condo fee$683/mo

Total monthly$3,836

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$7,455

Est. closing costs$4,147

Total cash needed$41,502

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#1406 5 Wellington Street South, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N2G)

Book a showing

Full Cost Breakdown