$340,000

For sale

#1704 5 WELLINGTON Street South, Kitchener - Single Family for Sale

#1704 5 WELLINGTON Street South, Kitchener, Ontario, N2M4B4

2 beds1 bath1 parking700 ft²$492/mo condo feeListed 19 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 700 sq ft of space. Listed at $340,000, it is attractively priced about 15% below the $399,500 median asking price in Kitchener. It has been on the market 19 days, fresher than the Kitchener average of 53 days.

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

Description

Prime Location in Station Park! Welcome to this modern and stylish 1-bedroom + media den condo in the highly desirable Station Park community in Kitchener. Perfectly designed for urban living, this bright and spacious unit offers an open-concept layout with floor-to-ceiling windows that flood the space with natural light and provide stunning views of the city skyline. The versatile media den makes an ideal home office or cozy reading nook, while the sleek kitchen features stainless steel appliances, Caesarstone countertops, and contemporary cabinetry—ideal for cooking or meal prepping. The bedroom offers a comfortable retreat with enough space for a queen-sized bed and additional furnishings. As a resident, you’ll have access to premium amenities, including a fully equipped fitness centre, party room, and even a two-lane bowling alley. Enjoy the convenience of nearby shopping, dining, and public transit—everything you need is just steps away. Bonus: Includes 1 underground parking spot. Don’t miss your chance to live in one of Kitchener’s most excitin (id:66096)

Property Details

MLS®: 40866788
Property Type: Single Family
Zoning: R3&R5
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 700 ft²
Year Built: 2023
Storeys: 1
Style: Other
Basement: None
Heating: Natural gas
Cooling: Central air conditioning
Garage: Underground, Covered
Condo Fee: $492/mo
Fee Includes: Property Management, Electricity
Ownership

Rooms

Main level

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

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, Window Coverings, 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

19d

Kitchener listings, avg age

53d

Price / ft²

$486

List price

$340K

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 19 days, which is 34 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RED AND WHITE REALTY INC. · Anelia Bakalova

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2M)

This home lists at $340,000, about 4.8× the local median household income of $71,500.

Carrying it typically needs a household income of about $66,414 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $71,500
Population: 36,494
Median age: 36.4
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N2M)

$340,000· $486/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,000

Min 5%50%

Mortgage payment$1,791/mo

↳ CMHC premium ($12,920 capitalized)

Property tax (est.)$238/mo

Condo fee$492/mo

Total monthly$2,521

Cash Needed to Close

Down payment (5%)$17,000

Land transfer tax$3,575

Est. closing costs$3,520

Total cash needed$24,095

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