$329,000

For sale

#414 399 Queen Street South, Kitchener - Single Family for Sale

#414 399 Queen Street South, Kitchener, Ontario, N2G0C4

1 bed1 bath1 parking650 ft²$494/mo condo feeListed 21 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Listed at $329,000, it is attractively priced about 18% below the $399,500 median asking price in Kitchener. It has been on the market 21 days, fresher than the Kitchener average of 54 days.

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Description

Historic charm meets modern luxury at The Barra on Queen. Located on the iconic former site of Barra Castle, this bright, open-concept suite offers 1 bedroom, 1 bathroom, and 1 included parking space. Soaring 9 ft ceilings and east-facing, unobstructed private views fill the entire space with beautiful morning light. The modern kitchen is equipped with sleek quartz countertops, a centre island, stylish backsplash, and stainless steel appliances. Completing the suite is a spacious bedroom with a double-door closet, a 4-piece bathroom, and a dedicated laundry room that doubles as ideal extra storage. Residents enjoy fantastic building amenities, including a gym, party room, rooftop garden deck with an outdoor BBQ area, guest suite, bike storage, and visitor parking. Ideally situated, you are just minutes to the LRT, Kitchener GO Station, Victoria Park and its scenic lake, Grand River Hospital, Kitchener Market, Iron Horse Trail, Google Headquarters, the Innovation District, vibrant Downtown Kitchener, and the list goes on. Unique heritage, modern comfort, and total connectivity, don't miss out on this incredible opportunity! (id:66096)

Property Details

MLS®: X14032118
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $494/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,276/yr
Listed: 21 days ago

Rooms

Main level

Living room: 5.66 x 4.37 meters
Dining room: 5.66 x 4.37 meters
Kitchen: 3.32 x 3.17 meters
Bedroom: 4.36 x 3.14 meters

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, Microwave, Window Coverings
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Kitchener listings, avg age

54d

Price / ft²

$507

List price

$329K

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 1-bed single family in Kitchener has been listed for 21 days, which is 33 days fresher than the city average of 54. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY LTD. · SIMMI MINHAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $329,000, about 5.3× the local median household income of $62,400.

Carrying it typically needs a household income of about $64,265 (20% down, 25-yr amortization, stress-tested) — roughly 3% 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)

$329,000· $507/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,450

Min 5%50%

Mortgage payment$1,733/mo

↳ CMHC premium ($12,502 capitalized)

Property tax (est.)$273/mo

Condo fee$494/mo

Total monthly$2,500

Cash Needed to Close

Down payment (5%)$16,450

Land transfer tax$3,410

Est. closing costs$3,487

Total cash needed$23,347

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