$479,000

For sale

#2102 55 DUKE Street, Kitchener - Single Family for Sale

#2102 55 DUKE Street, Kitchener, Ontario, N2H0C9

2 beds2 baths1 parking903 ft²$660/mo condo feeListed 33 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 903 sq ft of space. It has been on the market 33 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to Suite 2102 at Young Condos, a bright 903 sq ft corner unit with 2 bedrooms and 2 bathrooms on the 21st floor in the heart of Downtown Kitchener. Floor-to-ceiling windows wrap the open-concept living space in natural light, and the east exposure means morning sun from your private balcony. The kitchen features stone counters, stainless steel appliances, and a centre island. The primary bedroom has its own ensuite, with a second full bedroom for guests or a home office setup. Built in 2022, the building has a full lineup of amenities: concierge, a fitness centre with a dedicated cycling studio, a rooftop running track, and a terrace with community BBQs for summer nights with friends. One underground parking space and an owned storage locker are included. Step outside and you're across the street from Kitchener City Hall, with the ION LRT, King Street's restaurants and cafes, and Victoria Park all within easy reach. Flexible possession. Ideal for first-time buyers, downtown professionals, or investors looking for a low-maintenance home in the core of Kitchener. (id:66096)

Property Details

MLS®: 40867783
Property Type: Single Family
Zoning: SGA-4
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 903 ft²
Year Built: 2022
Storeys: 1
Style: Other
Basement: None
Heating: Heat Pump
Cooling: Central air conditioning
Garage: Underground, Covered
Condo Fee: $660/mo
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Living room: 11'9'' x 10'8''
Bedroom: 10'9'' x 11'5''
4pc Bathroom
Kitchen/Dining room: 19'3'' x 10'5''
4pc Ensuite bath
Primary Bedroom: 17'5'' 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
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

33d

Kitchener listings, avg age

53d

Price / ft²

$530

List price

$479K

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 33 days, which is 20 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Royal LePage Wolle Realty · Matt Bowlby

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $479,000, about 6.5× the local median household income of $73,500.

Carrying it typically needs a household income of about $93,565 (20% down, 25-yr amortization, stress-tested) — roughly 27% above 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)

$479,000· $530/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,950

Min 5%50%

Mortgage payment$2,523/mo

↳ CMHC premium ($18,202 capitalized)

Property tax (est.)$368/mo

Condo fee$660/mo

Total monthly$3,551

Cash Needed to Close

Down payment (5%)$23,950

Land transfer tax$6,055

Est. closing costs$3,937

Total cash needed$33,942

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