$339,000

For sale

#1708 1 Victoria Street, Kitchener - Single Family for Sale

#1708 1 Victoria Street, Kitchener, Ontario, N2G0B5

1 bed1 bath1 parking550 ft²$545/mo condo feeListed 96 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 550 sq ft of space. Listed at $339,000, it is attractively priced about 15% below the $399,500 median asking price in Kitchener.

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Description

Absolutely stunning unit at One Victoria, overlooking vibrant King Street in the heart of Kitchener's Innovation District! This modern 1-bedroom, 1-bath condo features a sleek kitchen with quartz countertops, stainless steel appliances, backsplash, and breakfast bar, plus stylish laminate flooring throughout and in-suite laundry. Includes one underground parking space and locker. Enjoy top-tier amenities such as a fully equipped fitness centre, theatre/media room, party room with outdoor terrace and BBQs, meeting room, bike storage, and concierge services. Steps to Google, The Tannery, U of W School of Pharmacy, McMaster School of Medicine, LRT, GO Transit, Victoria Park, shopping, dining, and more! (id:66096)

Property Details

MLS®: X13627612
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $545/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,025/yr
Listed: 96 days ago

Rooms

Flat

Living room: 3.89 x 3.23 meters
Dining room: 3.89 x 3.23 meters
Kitchen: 5 x 3.25 meters
Primary Bedroom: 3.68 x 3 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
Flooring: Laminate, Ceramic
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Elevator, Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

96d

Kitchener listings, avg age

53d

Price / ft²

$617

List price

$339K

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 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 COMMUNITY REALTY INC. · KARAN KANAGASABAI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $339,000, about 5.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $66,219 (20% down, 25-yr amortization, stress-tested) — roughly 6% 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)

$339,000· $617/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,950

Min 5%50%

Mortgage payment$1,786/mo

↳ CMHC premium ($12,882 capitalized)

Property tax (est.)$252/mo

Condo fee$545/mo

Total monthly$2,583

Cash Needed to Close

Down payment (5%)$16,950

Land transfer tax$3,560

Est. closing costs$3,517

Total cash needed$24,027

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