$299,900

For sale

#202 81 CHURCH Street, Kitchener - Single Family for Sale

#202 81 CHURCH Street, Kitchener, Ontario, N2G4M1

2 beds1 bath1 parking950 ft²$977/mo condo feeListed 38 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 950 sq ft of space. Listed at $299,900, it is attractively priced about 25% below the $399,500 median asking price in Kitchener. It has been on the market 38 days, fresher than the Kitchener average of 53 days.

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Description

Conveniently located on the 2nd floor of Wellington Place, this 2 bedroom unit has one of the biggest balconies in the building! Not only does the balcony extend your living space by approximately 430 Sq Ft but the unit boasts 950 Sq Ft which includes a large foyer with closet, dining room, eat-kitchen, 2 large bedrooms and updated four piece bathroom. The laundry room is located in the unit and provides lots of extra storage. An additional storage locker is located in the basement. Updates include bathroom (2021)& dryer (2026). Wellington Place is a well managed condominium with a tight knit community and offers lots of amenities including an indoor pool, exercise room, saunas, party room, landscaped outdoor area with a barbeque, and underground parking. Fantastic location close to downtown Kitchener, Victoria Park, trails, Rockway Golf Course and the expressway. (id:66096)

Property Details

MLS®: 40866736
Property Type: Single Family
Zoning: SGA-3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 950 ft²
Year Built: 1975
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $977/mo
Fee Includes: Landscaping, Property Management, Heat, Electricity, Water, Insurance, Parking, Residential Manager

Rooms

Main level

Living room: 10'0'' x 18'4''
Laundry room: 5'7'' x 9'0''
4pc Bathroom
Primary Bedroom: 10'0'' x 18'9''
Bedroom: 8'0'' x 18'8''
Dining room: 8'4'' x 8'4''
Eat in kitchen: 7'3'' x 16'10''
Foyer: 7'7'' x 10'0''

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, Window Coverings, Garage door opener
Exterior: Stucco, Brick Veneer
Lot Features: Balcony, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Kitchener listings, avg age

53d

Price / ft²

$316

List price

$300K

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 38 days, which is 15 days fresher than the city average of 53. Act while there is still low competition.

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Listed by PEAK REALTY LTD. · ALISON HEWITT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $299,900, about 4.8× the local median household income of $62,400.

Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$299,900· $316/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,995

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,396 capitalized)

Property tax (est.)$196/mo

Condo fee$977/mo

Total monthly$2,752

Cash Needed to Close

Down payment (5%)$14,995

Land transfer tax$2,974

Est. closing costs$3,400

Total cash needed$21,369

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