$219,900

For sale

#306 15 HOFSTETTER Avenue, Kitchener - Single Family for Sale

#306 15 HOFSTETTER Avenue, Kitchener, Ontario, N2A3Z7

2 beds2 baths1 parking892 ft²$765/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 892 sq ft of space. It has been on the market 21 days, fresher than the Kitchener average of 53 days.

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Description

CORNER UNIT FACING GREENSPACE! Welcome to Unit 306 at 15 Hofstetter Avenue, a well-maintained 2-bedroom, 2-bathroom condo nestled in Kitchener’s desirable Chicopee neighbourhood! Perfect for first-time buyers, downsizers, or investors, this thoughtfully designed unit offers a functional layout that maximizes every square foot of living space. Step inside to discover a bright and inviting open-concept living area, featuring a spacious living room with a cozy wood-burning fireplace, perfect for relaxing evenings at home. The living area flows seamlessly to your private balcony, offering a wonderful outdoor retreat to enjoy your morning coffee or unwind after a busy day. The kitchen features stainless steel appliances and a practical layout, making everyday meal preparation a breeze. Two comfortable bedrooms and two bathrooms provide added convenience and flexibility for a variety of lifestyles. Ideally situated just minutes from Fairview Park Mall, Chicopee Tube Park, shopping, restaurants, parks, and everyday amenities, with easy access to major highways for commuters. Offering an excellent combination of comfort, convenience, and value, this condo is a fantastic opportunity to enjoy low-maintenance living in a well-connected neighbourhood. Don't miss your chance to call this wonderful property home. Schedule your private showing today! (id:66096)

Property Details

MLS®: 40871170
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 892 ft²
Year Built: 1990
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Fireplace: Yes
Condo Fee

Rooms

Main level

Storage: 4'10'' x 2'11''
Primary Bedroom: 10'7'' x 11'4''
Living room: 12'1'' x 15'8''
Kitchen: 8'5'' x 8'2''
Dining room: 5'2'' x 8'10''
Bedroom: 8'6'' x 11'4''
4pc Bathroom
2pc Ensuite bath

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

Features

Appliances: Refrigerator, Dishwasher, Stove
Exterior: Brick, Vinyl siding
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

21d

Kitchener listings, avg age

53d

Price / ft²

$247

List price

$220K

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 21 days, which is 32 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX TWIN CITY REALTY INC. · TONY JOHAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2A)

This home lists at $219,900, about 2.3× the local median household income of $96,000.

Carrying it typically needs a household income of about $42,954 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $96,000
Population: 32,454
Median age: 39.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N2A)

$219,900· $247/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $10,995

Min 5%50%

Mortgage payment$1,158/mo

↳ CMHC premium ($8,356 capitalized)

Property tax (est.)$168/mo

Condo fee$765/mo

Total monthly$2,092

Cash Needed to Close

Down payment (5%)$10,995

Land transfer tax$1,924

Est. closing costs$3,160

Total cash needed$16,079

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