$319,900

For sale

#1510 108 GARMENT Street, Kitchener - Single Family for Sale

#1510 108 GARMENT Street, Kitchener, Ontario, N2G0E2

1 bed1 bath1 parking555 ft²$554/mo condo feeListed 54 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 555 sq ft of space. Listed at $319,900, it is attractively priced about 20% below the $399,500 median asking price in Kitchener.

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Description

Welcome to stylish urban living in the heart of Kitchener's highly sought-after Innovation District. This beautifully upgraded 1-bedroom, 1-bathroom condo offers a bright, modern living space designed for both comfort and convenience.The open-concept layout features a contemporary kitchen complete with quartz countertops, a peninsula with seating, stainless steel appliances, and upgraded lighting that adds a sophisticated touch. Expansive floor-to-ceiling windows flood the unit with natural light, while the private balcony offers impressive views of downtown. Residents enjoy an exceptional collection of amenities, including a fitness centre, yoga studio, party room, outdoor pool with lounge area, and a rooftop terrace perfect for relaxing or entertaining. Ideally located in the vibrant Garment District, you're just steps from Victoria Park, the ION Light Rail, Kitchener's restaurants and cafe's, the Farmers' Market, Google, the University of Waterloo School of Pharmacy, and the city's thriving tech and innovation hub. Offering an unbeatable combination of location, lifestyle, and low-maintenance living, this is an outstanding opportunity to own in one of Kitchener's most desirable urban communities. (id:66096)

Property Details

MLS®: 40862387
Property Type: Single Family
Zoning: 1R, 294U, 463U, 710R, D-6
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 555 ft²
Year Built: 2022
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $554/mo
Fee Includes: Property Management, Heat, Insurance

Rooms

Main level

Bedroom: 9'11'' x 10'5''
Living room: 12'6'' x 11'11''
Kitchen: 10'5'' x 8'11''
4pc Bathroom: 8'0'' x 5'5''

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, Hood Fan, Microwave Built-in
Exterior: Concrete
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Kitchener listings, avg age

54d

Price / ft²

$576

List price

$320K

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 54 days, right at the city average. A solid opportunity worth looking into.

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Listed by Affinity Real Estate Inc · Idris Baig

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $319,900, about 5.1× the local median household income of $62,400.

Carrying it typically needs a household income of about $62,488 (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)

$319,900· $576/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,995

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,156 capitalized)

Property tax (est.)$253/mo

Condo fee$554/mo

Total monthly$2,493

Cash Needed to Close

Down payment (5%)$15,995

Land transfer tax$3,274

Est. closing costs$3,460

Total cash needed$22,729

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