$360,000

For sale

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#403 1522 KING Street East, Kitchener - Single Family for Sale

#403 1522 KING Street East, Kitchener, Ontario, N2G2P1

2 beds1 bath1 parking ft²

#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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$360,000

Kitchener

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Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 967 sq ft of space. Listed at $360,000, it is attractively priced about 10% below the $399,500 median asking price in Kitchener. It has been on the market 19 days, fresher than the Kitchener average of 53 days.

Condos for Sale in Kitchener →All real estate in Kitchener →

Description

Bright & spacious 2-bed, 1-bath condo (~967 sq. ft.) at 1522 King St E. Open-concept living, two full-sized bedrooms, in-suite laundry, and private balcony. Directly across from Rockway Gardens with easy access to downtown, Fairview Park Mall, and major highways. Ideal for first-time buyers, downsizers, or investors. Parking included. Move-in ready living in a great location! (id:66096)

Property Details

MLS®: 40871878
Property Type: Single Family
Zoning: C5
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 967 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $569/mo
Fee Includes: Landscaping, Property Management, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,673/yr
Listed: 19 days ago

Market Timing

Days on market

19d

Kitchener listings, avg age

53d

Price / ft²

$372

List price

$360K

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 (N2G)

This home lists at $360,000, about 5.8× the local median household income of $62,400.

Carrying it typically needs a household income of about $70,321 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.

Median household income: $62,400
Population: 14,580
Median age: 38
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N2G)

$360,000· $372/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,000

Min 5%50%

Mortgage payment$1,896/mo

↳ CMHC premium ($13,680 capitalized)

Property tax (est.)$223/mo

Condo fee$569/mo

Total monthly$2,687

Cash Needed to Close

Down payment (5%)$18,000

Land transfer tax$3,875

Est. closing costs$3,580

Total cash needed$25,455

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

#403 1522 KING Street East, Kitchener - Single Family for Sale

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