$324,900

For sale

#2011 108 GARMENT Street, Kitchener - Single Family for Sale

#2011 108 GARMENT Street, Kitchener, Ontario, N2G0E2

1 bed1 bath605 ft²$593/mo condo feeListed 51 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 605 sq ft of space. Listed at $324,900, it is attractively priced about 19% below the $399,500 median asking price in Kitchener.

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Description

Welcome to Unit 2011 at 108 Garment Street, where modern condominium living meets an impressive collection of amenities in the heart of Kitchener. This bright one-bedroom suite offers an open-concept layout, in-suite laundry and a versatile additional area that can be arranged as a cozy dinette or convenient home office. Floor-to-ceiling windows fill the living space with natural light, while privacy blinds provide comfort when desired. Step outside onto the spacious private balcony and enjoy the elevated city views. Residents enjoy an outstanding selection of indoor and outdoor amenities, including inviting pool, large social spaces and lounges, a well-equipped fitness centre, yoga room, party room, outdoor barbecue areas, an expansive rooftop patio, basketball court and convenient dog run. Ideally located close to beautiful Victoria Park, shopping, schools, restaurants, transit and everyday conveniences, this suite offers an appealing combination of comfort, flexibility and urban accessibility. (id:66096)

Property Details

MLS®: 40862922
Property Type: Single Family
Zoning: 1R, 463U, 810R
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Interior Size: 605 ft²
Year Built: 2022
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $593/mo
Fee Includes: Heat, Water
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Living room/Dining room: 11'4'' x 13'11''
Kitchen: 10'0'' x 11'1''
Bedroom: 10'0'' x 9'10''
4pc Bathroom: 5'5'' x 8'0''

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 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

51d

Kitchener listings, avg age

53d

Price / ft²

$537

List price

$325K

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 51 days, which is 2 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Real Broker Ontario Ltd. · Scott Benson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $324,900, about 5.2× the local median household income of $62,400.

Carrying it typically needs a household income of about $63,464 (20% down, 25-yr amortization, stress-tested) — roughly 2% 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)

$324,900· $537/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,245

Min 5%50%

Mortgage payment$1,711/mo

↳ CMHC premium ($12,346 capitalized)

Property tax (est.)$274/mo

Condo fee$593/mo

Total monthly$2,579

Cash Needed to Close

Down payment (5%)$16,245

Land transfer tax$3,349

Est. closing costs$3,475

Total cash needed$23,069

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