$565,000

$585,000For salePrice drop↓ $20,000 (3%)

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#225 525 New Dundee Road, Kitchener - Single Family for Sale

#225 525 New Dundee Road, Kitchener, Ontario, N2P0K8

2 beds3 baths parking

#603 15 Prince Albert Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

For saleJust listed

Today

$285K

#603 15 PRINCE ALBERT Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by Re/Max Real Estate Centre Inc.

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

For saleJust listed

Today

$200K

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

1 bd1 ba550 ft²+$471/mo

Listed by RE/MAX MILLENNIUM REAL ESTATE

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

For saleJust listed

Today

$270K

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

1 bd1 ba550 ft²+$502/mo

Listed by RE/MAX TWIN CITY REALTY INC.

Investment analysis

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$565,000

Kitchener

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Description

A MUST SEE!. Immaculately Maintained 2 Bed + 2 Washrooms Offers a Comfortable Blend of Modern Living and Natural Surroundings. Open Concept. Private Balcony. Large Closets. Mix of Amenities to Fit To Your Daily Routine That offers Workout in The Gym, Unwind in the Sauna, Host Gatherings in the Party Room or Social Lounge. Steps From the Walking Trails Around Rainbow Lake. Easy access to 401. Offers Comfort, Convenience, and a Gorgeous Natural Setting All In One Place (id:66096)

Property Details

MLS®: X13690174
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $498/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,504/yr
Listed: 78 days ago

Market Timing

Days on market

78d

Kitchener listings, avg age

54d

Price / ft²

$514

List price

$565K

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.

Area context

Neighbourhood profile (N2P)

This home lists at $565,000, about 5.1× the local median household income of $110,000.

Carrying it typically needs a household income of about $110,364 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $110,000
Population: 25,040
Median age: 36
Owner / renter: 76% / 24%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA N2P)

$565,000· $514/ft²

For sale

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Full Cost Breakdown

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Down Payment5.58% · $31,500

Min 5.58%50%

Mortgage payment$2,958/mo

↳ CMHC premium ($21,340 capitalized)

Property tax (est.)$375/mo

Condo fee$498/mo

Total monthly$3,831

Cash Needed to Close

Down payment (5.58%)$31,500

Land transfer tax$7,775

Est. closing costs$4,195

Total cash needed$43,470

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

#225 525 New Dundee Road, Kitchener - Single Family for Sale

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Neighbourhood profile (N2P)

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