$379,900

For saleJust listed

#602 247 Northfield Drive East, Kitchener - Single Family for Sale

#602 247 Northfield Drive East, Kitchener, Ontario, N2K0H1

1 bed1 bath1 parking650 ft²$506/mo condo feeListed 5 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Listed at $379,900, it is attractively priced about 5% below the $399,500 median asking price in Kitchener. It has been on the market 5 days, fresher than the Kitchener average of 53 days.

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Description

Top-floor living meets everyday convenience at Blackstone! Welcome to Unit 602 at 247 Northfield Drive East, a desirable corner unit offering almost 600 sq. ft. of thoughtfully finished living space in Waterloo's sought-after north end. Upgraded flooring, cabinetry and countertops bring a polished feel throughout, while the balcony offers a welcoming spot for morning coffee or unwinding at the end of the day. A practical bonus you'll appreciate all winter: your parking space is visible right from the unit, making remote starting your vehicle a breeze before heading downstairs. Enjoy a location close to shopping, restaurants and everyday essentials, with Conestoga Mall, ION transit and expressway access within easy reach. Nearby RIM Park, Grey Silo Golf Club and walking and cycling trails offer plenty of ways to get outdoors, while the St. Jacobs Farmers' Market makes a great weekend destination. With its top-floor corner position, stylish upgrades and convenient location, this condo is an inviting place to call home. (id:66096)

Property Details

MLS®: X14131394
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, Other
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $506/mo
Fee Includes: Heat, Insurance
Ownership: Condo/Strata
Property Tax: $3,197.62/yr
Listed: 5 days ago

Rooms

Main level

Foyer: 1.27 x 4.45 meters
Living room: 5.06 x 6.3 meters
Bathroom: 1.6 x 2.72 meters
Bedroom: 3.48 x 2.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Intercom
Exterior: Steel, Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$585

List price

$380K

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 5 days, which is 48 days fresher than the city average of 53. Act while there is still low competition.

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Listed by M1 Real Estate Brokerage Ltd · MITCH MYERS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2K)

This home lists at $379,900, about 3.2× the local median household income of $120,000.

Carrying it typically needs a household income of about $74,208 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $120,000
Population: 29,381
Median age: 40.4
Owner / renter: 82% / 18%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N2K)

$379,900· $585/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,995

Min 5%50%

Mortgage payment$2,001/mo

↳ CMHC premium ($14,436 capitalized)

Property tax (est.)$266/mo

Condo fee$506/mo

Total monthly$2,773

Cash Needed to Close

Down payment (5%)$18,995

Land transfer tax$4,174

Est. closing costs$3,640

Total cash needed$26,809

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