$265,000

For sale

#507 20 ST GEORGE Street, Kitchener - Single Family for Sale

#507 20 ST GEORGE Street, Kitchener, Ontario, N2G2S7

1 bed1 bath1 parking691 ft²Listed 12 days ago

Overview

This 1-bedroom, 1-bathroom home in Kitchener is for sale offering roughly 691 sq ft of space. It has been on the market 12 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to unit 507 at 20 St George Street, a rare opportunity to join the highly sought after Sandhills Retirement Community. This is a 50+ building is in the heart of downtown Kitchener. This life lease building offers an affordable and maintenance free lifestyle where a supportive environment turns everyday independent living into a vibrant and caring community. It is the perfect place for retirees to thrive and connect while remaining just steps away from local shops, parks, and urban amenities. This beautiful 1 bedroom and 1 bathroom apartment boasts lovely downtown views, hickory hardwood flooring through the main living area, and premium linoleum in the kitchen and bathroom. The functional kitchen features elegant quartz countertops, complementing a spacious layout that includes a large primary bedroom, in suite laundry, and abundant storage throughout. Best of all, this unit includes a coveted and rare underground garage parking spot, which is one of only a few in the entire building, along with a dedicated storage locker. Don't miss your chance at stress free living in this life lease building. (id:66096)

Property Details

MLS®: 40872975
Property Type: Single Family
Zoning: C3
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 691 ft²
Year Built: 2001
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Ownership: Condo/Strata
Property Tax: $1,804.44/yr
Listed

Rooms

Main level

Laundry room: 6'1'' x 5'4''
3pc Bathroom: 5'6'' x 7'7''
Bedroom: 19'5'' x 15'0''
Living room: 12'6'' x 16'0''
Dinette: 11'10'' x 11'4''
Kitchen: 11'10'' x 7'2''

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, Hood Fan, Garage door opener
Exterior: Concrete, Brick Veneer
Lot Features: Balcony, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Kitchener listings, avg age

53d

Price / ft²

$384

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 1-bed single family in Kitchener has been listed for 12 days, which is 41 days fresher than the city average of 53. Act while there is still low competition.

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Listed by Re/Max Icon Realty · STEVEN SMITH

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· $384/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.)$150/mo

Total monthly$1,546

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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