$299,999

For sale

#303 4 AVALON Place, Kitchener - Single Family for Sale

#303 4 AVALON Place, Kitchener, Ontario, N2M4N6

3 beds1 bath1 parking1,000 ft²$984/mo condo feeListed 29 days ago

Overview

This 3-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 1,000 sq ft of space. Listed at $299,999, it is attractively priced about 25% below the $399,500 median asking price in Kitchener. It has been on the market 29 days, fresher than the Kitchener average of 53 days.

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Description

This recently remodeled 3-bedroom residence is an ideal fit for first-time homebuyers, those looking to downsize, or savvy investors. Step into the inviting layout featuring a generous living room and dinette area, seamlessly connected to a covered balcony overlooking the serene greenspace of Meinzinger Park. Perfect for unwinding after a busy day or soaking in the picturesque surroundings. The modernized kitchen boasts ample storage, appliances including a fridge and dishwasher, elegant countertops, and a tasteful tiled backsplash. With updated flooring throughout, each room flows effortlessly into the next. This unit offers three spacious bedrooms and a well-appointed 4-piece bathroom. Included with the unit are a 4x6 owned storage locker and an exclusive parking spot. Conveniently situated near the expressway and just a brief 10-minute drive from Downtown Kitchener, this condo offers both comfort and accessibility. Don't miss out on this incredible opportunity for affordable homeownership in Kitchener! (id:66096)

Property Details

MLS®: 40869188
Property Type: Single Family
Zoning: R2
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,000 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Electric
Cooling: Window air conditioner, Ductless
Garage: Open
Condo Fee: $984/mo
Fee Includes: Landscaping, Property Management, Water, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Main level

4pc Bathroom
Bedroom: 8'10'' x 12'1''
Bedroom: 8'10'' x 12'4''
Primary Bedroom: 11'6'' x 12'1''
Living room: 10'10'' x 18'4''
Kitchen: 8'3'' x 16'3''

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

Features

Appliances: Refrigerator, Water softener, Dishwasher, Stove, Window Coverings
Exterior: Brick, Aluminum siding
Lot Features: Cul-de-sac, Conservation/green belt, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

29d

Kitchener listings, avg age

53d

Price / ft²

$300

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 3-bed single family in Kitchener has been listed for 29 days, which is 24 days fresher than the city average of 53. Act while there is still low competition.

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Listed by HomeLife Power Realty Inc. · Arch Sharma

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2M)

This home lists at $299,999, about 4.2× the local median household income of $71,500.

Carrying it typically needs a household income of about $58,600 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $71,500
Population: 36,494
Median age: 36.4
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N2M)

$299,999· $300/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,999.95

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,400 capitalized)

Property tax (est.)$151/mo

Condo fee$984/mo

Total monthly$2,715

Cash Needed to Close

Down payment (5%)$15,000

Land transfer tax$2,975

Est. closing costs$3,400

Total cash needed$21,375

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