$519,000

For saleJust listed

#207 51 David Street, Kitchener - Single Family for Sale

#207 51 David Street, Kitchener, Ontario, N2G0E8

2 beds3 baths1 parking1,300 ft²$884/mo condo feeListed Today

Overview

This 2-bedroom, 3-bathroom condo in Kitchener is for sale offering roughly 1,300 sq ft of space. It has been on the market 0 days, fresher than the Kitchener average of 54 days.

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

Description

SELLERS WILL PAY $1,500/MONTH TOWARD YOUR MORTGAGE FOR 2 YEARS!!! Stylish Downtown Boutique Living at OTIS ON THE PARC - 51 David St. Unit #207. A contemporary gem that pays tribute to Downtown Kitchener's most desirable neighbourhood - Victoria Park - with thoughtful architecture and stunning views. This FULLY FURNISHED, modern 1,348 sq. ft. two-story unit offers an open concept design and the perfect blend of stylish finishes and functional living. The spacious main level includes a cozy living area, a fully equipped sleek kitchen featuring a large island perfect for entertaining, a convenient 2-piece bathroom and a functional laundry room. Enjoy your morning coffee on the private balcony with views of Victoria Park, nature and downtown. Upstairs, you'll find two large bedrooms, each with their own spacious closets AND private ensuite baths. This boutique condo boasts controlled entry, elevators, and an industrial water softener ensuring your comfort and peace of mind. High-speed internet and indoor parking is included, with one dedicated spot in the highly innovative, state-of-the-art underground, stacked parking garage providing safe and luxurious storage for your vehicle that can be controlled with your smart phone. Whether you're a first-time buyer, downsizer, or city enthusiast, this home checks all the boxes. Otis is perfectly located within steps of anything you will ever need, downtown Kitchener's vibrant amenities, including trendy restaurants and entertainment, shops, parks, transit, schools and business centers. Don't miss out, this unit even comes fully furnished!! (id:66096)

Property Details

MLS®: X14154976
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Air exchanger
Garage: Garage, Underground, Covered
Condo Fee: $884/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata

Rooms

Main level

Bathroom: 1.09 x 2.16 meters
Dining room: 1.88 x 3.71 meters
Kitchen: 4.01 x 3.89 meters
Laundry room: 2.31 x 1.52 meters
Living room: 3.28 x 3.71 meters

Second level

Bathroom: 2.69 x 2.13 meters
Bathroom: 2.87 x 1.55 meters
Bedroom: 4.47 x 3.05 meters
Primary Bedroom: 5.16 x 3.66 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, Water softener, Dishwasher, Stove, Dryer, Microwave, Furniture, Window Coverings
Foundation: Poured Concrete
Exterior: Steel, Brick Facing
Lot Features: Conservation/green belt, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

54d

Price / ft²

$399

List price

$519K

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 0 days, which is 54 days fresher than the city average of 54. Act while there is still low competition.

Set a price alert Book a showing

Listed by REAL BROKER ONTARIO LTD. · THIEN NGUYEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $519,000, about 8.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 62% 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)

$519,000· $399/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 Payment5.18% · $26,900

Min 5.18%50%

Mortgage payment$2,728/mo

↳ CMHC premium ($19,684 capitalized)

Property tax (est.)$449/mo

Condo fee$884/mo

Total monthly$4,061

Cash Needed to Close

Down payment (5.18%)$26,900

Land transfer tax$6,855

Est. closing costs$4,057

Total cash needed$37,812

Get Pre-Approved · Free & Fast

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