$250,000

For sale

#202 24 MOOREGATE Crescent, Kitchener - Single Family for Sale

#202 24 MOOREGATE Crescent, Kitchener, Ontario, N2M2G1

2 beds2 baths1 parking824 ft²$734/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 824 sq ft of space. Listed at $250,000, it is attractively priced about 37% below the $399,500 median asking price in Kitchener. It has been on the market 8 days, fresher than the Kitchener average of 53 days.

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

Description

MAINTENANCE FREE LIVING AND NO SNOW TO SHOVEL!! This ZERO-maintenance, 2-bedroom, 2-bathroom apartment-style condo with a dedicated parking spot is the perfect blend of modern updates and convenience. Featuring a contemporary shaker-style kitchen with sleek finishes, ceramic flooring in both the kitchen and bathrooms, and resilient laminate flooring throughout, this home is designed for easy living. The neutral paint colors throughout provide a warm, welcoming atmosphere, ready for you to move in and enjoy. The spacious private balcony offers a tranquil outdoor space for relaxation, while a large locker located on the same floor provides added storage. With ample laundry services available on each floor, you’ll have all the amenities you need right at your fingertips. Conveniently located near bus routes, schools, and shopping, this unit is ideal for a variety of buyers, including savvy investors, empty nesters, first-time homebuyers, or anyone seeking exceptional value. Don’t miss the opportunity to own this low-maintenance, modern condo in a prime location! (id:66096)

Property Details

MLS®: 40873276
Property Type: Single Family
Zoning: EUF-1 RES-7
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 824 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: None
Condo Fee: $734/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership

Rooms

Main level

4pc Bathroom
2pc Bathroom
Dining room: 8'6'' x 7'10''
Living room: 13'11'' x 15'5''
Kitchen: 6'4'' x 7'11''
Bedroom: 8'11'' x 11'9''
Primary Bedroom: 10'11'' x 14'7''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Refrigerator, Dishwasher, Stove, Window Coverings
Foundation: Unknown
Exterior: Brick
Lot Features: Balcony, Paved driveway, Shared Driveway, Laundry- Coin operated

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$303

List price

$250K

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 8 days, which is 45 days fresher than the city average of 53. Act while there is still low competition.

Set a price alert Book a showing

Listed by The Realty Firm Inc. · DOUG COULTER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2M)

This home lists at $250,000, about 3.5× the local median household income of $71,500.

Carrying it typically needs a household income of about $48,834 (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)

$250,000· $303/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $12,500

Min 5%50%

Mortgage payment$1,317/mo

↳ CMHC premium ($9,500 capitalized)

Property tax (est.)$135/mo

Condo fee$734/mo

Total monthly$2,185

Cash Needed to Close

Down payment (5%)$12,500

Land transfer tax$2,225

Est. closing costs$3,250

Total cash needed$17,975

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator