$265,000

For sale

#404 20 ST. GEORGE Street, Kitchener - Single Family for Sale

#404 20 ST. GEORGE Street, Kitchener, Ontario, N2G2S7

2 beds2 baths1 parking898 ft²Listed 41 days ago

Overview

This 2-bedroom, 2-bathroom home in Kitchener is for sale offering roughly 898 sq ft of space. It has been on the market 41 days, fresher than the Kitchener average of 53 days.

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Description

Nestled in the heart of the Victoria Park Heritage District in downtown Kitchener, Sandhills Retirement Community (50+) offers comfortable, carefree living in a well-managed, smoke-free, faith-based yet non-denominational not-for-profit community. This bright and spacious 898 sq. ft. Bricker model features a desirable 2-bedroom layout designed for easy living and everyday comfort. The suite includes fridge, stove, washer, and dryer, along with individually controlled forced-air heating and central air conditioning. The monthly fee covers appliance and HVAC repair or replacement, helping provide added peace of mind, while hydro remains affordable and extra. A storage locker and parking space are also included. Pets are welcome with some restrictions. Residents enjoy an active and engaging lifestyle with daily social activities, a community lounge, and library, all within a warm and welcoming atmosphere. Conveniently located close to the LRT, Victoria Park, churches, shopping, Kitchener Market, the public library, entertainment venues, and the performing arts centre, this location offers exceptional walkability and access to downtown amenities. This is a Life Lease community, meaning there is no land transfer tax or legal closing costs. Please note that residences are owner-occupied only with no rentals permitted, and traditional mortgage financing is not available. (id:66096)

Property Details

MLS®: 40865699
Property Type: Single Family
Zoning: SGA-3
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 898 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Covered
Ownership: Condo/Strata
Property Tax: $2,655.12/yr
Listed: 41 days ago

Rooms

Main level

3pc Bathroom: 5'9'' x 6'3''
4pc Bathroom: 5' x 8'3''
Bedroom: 10'4'' x 10'6''
Primary Bedroom: 10'4'' x 13'10''
Kitchen: 8'4'' x 8'9''
Dining room: 11'10'' x 8'10''
Living room: 10'10'' x 17'0''

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, Dryer
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Kitchener listings, avg age

53d

Price / ft²

$295

List price

$265K

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 41 days, which is 12 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 · LANCE NIELSEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $265,000, about 4.2× the local median household income of $62,400.

Carrying it typically needs a household income of about $51,764 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$265,000· $295/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,250

Min 5%50%

Mortgage payment$1,396/mo

↳ CMHC premium ($10,070 capitalized)

Property tax (est.)$221/mo

Total monthly$1,617

Cash Needed to Close

Down payment (5%)$13,250

Land transfer tax$2,450

Est. closing costs$3,295

Total cash needed$18,995

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