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$319,000
Kitchener
#1707 85 DUKE Street, Kitchener, Ontario, N2H0B7
This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 633 sq ft of space. Listed at $319,000, it is attractively priced about 20% below the $399,500 median asking price in Kitchener. It has been on the market 12 days, fresher than the Kitchener average of 53 days.
Welcome to Suite 1707 at 85 Duke Street West, a west-facing penthouse 1 bedroom plus den directly across from Kitchener City Hall. Soaring ceilings and oversized windows give this 633 sq ft suite a sense of space you don't expect at this size, with natural light all day and sunsets from your private balcony in the evening. The open-concept layout connects the kitchen, dining, and living areas, so hosting friends and winding down after work both come easily. Extended upper cabinetry in the kitchen adds storage while keeping counters clear. The primary bedroom is a quiet retreat, and the separate den works as a home office, guest space, or reading nook. In-suite laundry, one parking space, and a locker are included. Building amenities include concierge service, a fitness centre and yoga studio, party room, rooftop terrace with BBQs, and a dog run. Step outside and City Hall's events and winter skating are right across the street, with the ION LRT, Victoria Park, restaurants, cafés, shopping, and the Innovation District all within walking distance. Ideal for a first-time buyer or downtown professional who wants to live in the core, or an investor looking for a low-maintenance unit in one of Kitchener's most central locations. Some photos have been virtually staged. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 53 days across the listings currently for sale in this city
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.
This 2-bed single family in Kitchener has been listed for 12 days, which is 41 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $319,000, about 4.3× the local median household income of $73,500.
Carrying it typically needs a household income of about $62,312 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice