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$515,000
Kitchener
#36 2705 KINGSWAY Drive, Kitchener, Ontario, N2C2T2
This 2-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 1,300 sq ft of space. Listed at $515,000, it is attractively priced about 31% below the $745,000 median asking price in Kitchener. It has been on the market 39 days, fresher than the Kitchener average of 54 days.
Client RemarksWelcome to Trinity Village Terrace, a well-maintained 1,184 sq. ft. life lease townhome located in an independent living community for adults 55 and older. The entire terrace community is thoughtfully designed to be wheelchair accessible, featuring wide doorways and hallways and an accessible kitchen for ease of mobility and everyday comfort. This well-designed home offers 2 bedrooms and 2 bathrooms, and includes an attached one-car garage for added convenience. The open-concept living and dining area features engineered hardwood flooring and is filled with natural light from large windows, with a walkout from the living room to the private deck and backyard, ideal for relaxing or entertaining. Both bedrooms are generously sized and feature double closets, with the primary bedroom offering a private 4-piece ensuite. Main-level laundry adds everyday convenience. The professionally finished basement adds approximately 1,115 sq. ft. of additional living space, perfect for family visits or hobbies, and includes ample storage, carpet throughout, and a 3-piece bathroom with a standing shower. Recent updates include a new furnace and air conditioning system installed within the past month. Ideally located just 2 minutes from Fairview Park and 5 minutes from Fairway Station, with pharmacies, grocery stores, and shopping nearby, this home offers a perfect blend of comfort, functionality, and accessibility. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 39 days on market, against an average age of 54 days across the listings currently for sale in this city
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.
This 2-bed single family in Kitchener has been listed for 39 days, which is 15 days fresher than the city average of 54. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $515,000, about 7.4× the local median household income of $70,000.
Carrying it typically needs a household income of about $100,598 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice