$399,000

For saleJust listed

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

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

2 beds1 bath parking

#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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$399,000

Kitchener

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Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 967 sq ft of space. Its $399,000 asking price sits right in line with the $399,500 median in Kitchener. It has been on the market 0 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®: 40876340
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: Today

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$413

List price

$399K

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 $399,000, about 6.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 25% 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)

$399,000· $413/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$223/mo

Condo fee$569/mo

Total monthly$2,893

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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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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