$284,500

For saleJust listed

#603 15 Prince Albert Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

For saleJust listed

Today

$200K

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

1 bd1 ba550 ft²+$471/mo

Listed by RE/MAX MILLENNIUM REAL ESTATE

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

For saleJust listed

Today

$270K

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

1 bd1 ba550 ft²+$502/mo

Listed by RE/MAX TWIN CITY REALTY INC.

#1203 55 Duke Street West, Kitchener, Ontario, N2H0C9

For saleJust listed

Today

$449K

#1203 55 Duke Street West, Kitchener, Ontario, N2H0C9

2 bd2 ba1 pk850 ft²+$687/mo

Listed by SUTTON GROUP - SUMMIT REALTY INC.

Investment analysis

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$284,500

Kitchener

Book a showing

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 550 sq ft of space. Listed at $284,500, it is attractively priced about 29% below the $399,500 median asking price in Kitchener. It has been on the market 0 days, fresher than the Kitchener average of 53 days.

Condos for Sale in Kitchener →All real estate in Kitchener →

Description

Welcome to this bright and modern 1-bedroom, 1-bathroom condo, ideally located in the heart of Kitchener! Situated on the 6th floor, this inviting unit features an open-concept layout with large windows that fill the space with natural light. Enjoy the convenience of one designated parking space and a storage locker. The building offers fantastic amenities, including a fully equipped fitness centre, a party room with a cozy fireplace, underground visitor parking, and an outdoor entertaining area complete with BBQs. A great opportunity to enjoy comfortable, low-maintenance condo living in a convenient location! (id:66096)

Property Details

MLS®: 40874299
Property Type: Single Family
Zoning: 177U
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Year Built: 2017
Storeys: 6
Style: Other
Basement: None
Heating: Natural gas
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $533/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,836/yr
Listed: Today

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$517

List price

$285K

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.

Area context

Neighbourhood profile (N2H)

This home lists at $284,500, about 3.9× the local median household income of $73,500.

Carrying it typically needs a household income of about $55,573 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $73,500
Population: 22,456
Median age: 38.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N2H)

$284,500· $517/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $14,225

Min 5%50%

Mortgage payment$1,498/mo

↳ CMHC premium ($10,811 capitalized)

Property tax (est.)$236/mo

Condo fee$533/mo

Total monthly$2,268

Cash Needed to Close

Down payment (5%)$14,225

Land transfer tax$2,743

Est. closing costs$3,354

Total cash needed$20,322

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator

#603 15 PRINCE ALBERT Boulevard, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2H)

Book a showing

Full Cost Breakdown