$258,000

For sale

#207 20 ELLEN Street East, Kitchener - Single Family for Sale

#207 20 ELLEN Street East, Kitchener, Ontario, N2H6R7

1 bed2 baths1 parking820 ft²$544/mo condo feeListed 19 days ago

Overview

This 1-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 820 sq ft of space. Listed at $258,000, it is attractively priced about 35% below the $399,500 median asking price in Kitchener. It has been on the market 19 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this spacious, unique unit at 20 Ellen Street! A thoughtfully designed floor plan spread across two distinct stories, providing a unique architectural profile that stands out in the heart of the city. The main level features a functional kitchen, bright living room and convenient 2-piece bathroom. A spiral staircase leads to the upper level, loft-style bedroom, complemented by soaring two-storey windows with a desirable southwest exposure that fills the space with natural light. The upper level also offers a full bathroom, in-suite laundry and a second door providing access to the hallway. This property also provides the practical benefit of a private underground garage space, offering secure vehicle storage and seamless daily transitions. The two-story layout allows for a natural separation of living areas, enhancing the overall functionality and flow of this home. Ideally located in the heart of downtown Kitchener, close to shopping, restaurants, public transit and a variety of urban amenities. Enjoy comfortable living in a bright, distinctive space with everything downtown has to offer just steps away! Experience the perfect balance of convenience and sophisticated living by scheduling your private tour today. (id:66096)

Property Details

MLS®: 40871951
Property Type: Single Family
Zoning: R4
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 820 ft²
Year Built: 1988
Storeys: 2
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage, Underground, Visitor Parking
Condo Fee: $544/mo
Fee Includes

Rooms

Second level

Laundry room
4pc Bathroom
Primary Bedroom: 9'7'' x 13'7''

Main level

2pc Bathroom
Living room: 18'6'' x 10'5''
Dining room: 9'0'' x 7'3''
Kitchen: 8'7'' x 8'4''

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

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Poured Concrete
Exterior: Aluminum siding, Metal
Lot Features: 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

19d

Kitchener listings, avg age

53d

Price / ft²

$315

List price

$258K

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 19 days, which is 34 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Re/Max Real Estate Centre Inc. · HEATHER COOKE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $258,000, about 3.5× the local median household income of $73,500.

Carrying it typically needs a household income of about $50,396 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$258,000· $315/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,900

Min 5%50%

Mortgage payment$1,359/mo

↳ CMHC premium ($9,804 capitalized)

Property tax (est.)$185/mo

Condo fee$544/mo

Total monthly$2,088

Cash Needed to Close

Down payment (5%)$12,900

Land transfer tax$2,345

Est. closing costs$3,274

Total cash needed$18,519

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