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$279,900
Kitchener
#507 24 MIDLAND Drive, Kitchener, Ontario, N2A2A8
This 2-bedroom, 1-bathroom home in Kitchener is for sale offering roughly 965 sq ft of space. It has been on the market 34 days, fresher than the Kitchener average of 53 days.
Freshly painted , new flooring, refreshed kitchen counter and sink , refreshed bathroom , new closet doors .An exceptional investment in a sought-after community, ideally located beside the vibrant Stanley Park Mall. This well-maintained cooperative building offers excellent value, strong amenities, and long-term growth potential. This bright front facing corner suite features wall-to-wall windows, an enclosed patio/balcony, (not included in sq ftge )and generous room sizes. Monthly fees are fully inclusive, covering HEAT, HYDRO, WATER, and PROPERTY TAXES, providing peace of mind and predictable budgeting. Residents enjoy a variety of amenities, including an outdoor pool and patio area, party room, games room, exercise room, underground parking, and a storage locker. The location is unbeatable for walkability, transit, and everyday convenience. With the co-op actively converting to condominium status, this unit represents a smart opportunity for future appreciation. As part of the conversion, units cannot be mortgaged until the process is complete, and buyers will provide the required consent. The inclusive fees and transitional phase offer exceptional value for the square footage. Don’t miss this rare opportunity to secure a spacious corner suite in a building with strong amenities, inclusive fees, and exciting future potential. 24 Midland Drive, Unit 507 — move in today and invest in tomorrow. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 34 days on market, against an average age of 53 days across the listings currently for sale in this city
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.
This 2-bed single family in Kitchener has been listed for 34 days, which is 19 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $279,900, about 2.9× the local median household income of $96,000.
Carrying it typically needs a household income of about $54,674 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice