$279,900

For sale

#310 71 VANIER Drive, Kitchener - Single Family for Sale

#310 71 VANIER Drive, Kitchener, Ontario, N2C1J4

2 beds2 baths1 parking989 ft²$679/mo condo feeListed 44 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 989 sq ft of space. Listed at $279,900, it is attractively priced about 30% below the $399,500 median asking price in Kitchener. It has been on the market 44 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to this beautifully updated and well-maintained 2-bedroom, 2-bathroom condo apartment located in a well-maintained building in a convenient Kitchener location. The unit features a modern white kitchen with granite countertops, backsplash, nice clean appliances, newer laminate flooring, a spacious living room, a separate dining area, a renovated 3-piece main bathroom, an additional 2-piece ensuite bathroom and a large private balcony. Enjoy easy access to major highways, public transit, shopping, restaurants, and nearby schools, including Sunshine Montessori School and Rockway Public School. Recreation is also close by, with Rockway Golf Course and Fairway Plaza just minutes away. Condo fees include all utilities, offering convenient and low-maintenance living, ideal for first-time buyers, downsizers, or investors. Call today to schedule your private showing. (id:66096)

Property Details

MLS®: 40864977
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 989 ft²
Year Built: 1977
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: Open
Condo Fee: $679/mo
Fee Includes

Rooms

Main level

2pc Bathroom
3pc Bathroom
Bedroom: 9'3'' x 11'6''
Primary Bedroom: 10'10'' x 14'1''
Living room: 15'10'' x 14'8''
Dining room: 9'1'' x 8'4''
Kitchen: 7'9'' x 7'11''

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, Microwave
Exterior: Brick Veneer
Lot Features: Southern exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Kitchener listings, avg age

53d

Price / ft²

$283

List price

$280K

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 44 days, which is 9 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 · ZORAN STOJAKOVIC

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2C)

This home lists at $279,900, about 4.0× the local median household income of $70,000.

Carrying it typically needs a household income of about $54,674 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $70,000
Population: 17,681
Median age: 36.8
Owner / renter: 33% / 67%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N2C)

$279,900· $283/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,995

Min 5%50%

Mortgage payment$1,474/mo

↳ CMHC premium ($10,636 capitalized)

Property tax (est.)$137/mo

Condo fee$679/mo

Total monthly$2,290

Cash Needed to Close

Down payment (5%)$13,995

Land transfer tax$2,674

Est. closing costs$3,340

Total cash needed$20,009

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