$349,900

For sale

#608 399 Queen Street South, Kitchener - Single Family for Sale

#608 399 Queen Street South, Kitchener, Ontario, N2G0C4

1 bed1 bath1 parking650 ft²$485/mo condo feeListed 12 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Listed at $349,900, it is attractively priced about 12% below the $399,500 median asking price in Kitchener. It has been on the market 12 days, fresher than the Kitchener average of 54 days.

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Description

Top-floor living with west-facing sunsets at Barra on Queen! This 1-bed, 1-bath suite has no one above you, with the terrace, living room and bedroom all facing west over the rooftops toward the tree canopy and afternoon sun. Step out to your private terrace (approx. 68 sq ft) with a natural gas BBQ hookup. Inside: 9 ft ceilings, quartz counters, a centre island, a VIP appliance package, white upper and lower cabinets, waterproof laminate in the kitchen and in-suite laundry. Assigned underground parking and a locker included. Completed in 2020 on the historic former site of Barra Castle, this boutique, well-managed low-rise offers a gym, party room, community patio with BBQ area, rentable guest suite, bike storage, dog wash and visitor parking. Minutes to Victoria Park, the LRT, Kitchener GO, Kitchener Market, the Iron Horse Trail, Grand River Hospital, Google and Downtown Kitchener. Top-floor privacy, sunset views and your own BBQ terrace: don't miss it! (id:66096)

Property Details

MLS®: X14113782
Property Type: Single Family
Zoning: C3
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: $485/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,134/yr
Listed: 12 days ago

Rooms

Main level

Living room: 4.62 x 4.17 meters
Kitchen: 3.68 x 2.46 meters
Primary Bedroom: 3.2 x 3.2 meters
Laundry room: 2.51 x 1.78 meters
Bathroom: 2.31 x 2.13 meters
Foyer: 2.62 x 1.75 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, Hood Fan, Window Coverings
Flooring: Vinyl
Foundation: Poured Concrete
Exterior: Concrete, Brick
Lot Features: Elevator, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Kitchener listings, avg age

54d

Price / ft²

$539

List price

$350K

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 42 days fresher than the city average of 54. Act while there is still low competition.

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Listed by HomeLife Power Realty Inc · ROB PIOMBINI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $349,900, about 5.6× the local median household income of $62,400.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — roughly 10% 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)

$349,900· $539/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $17,495

Min 5%50%

Mortgage payment$1,843/mo

↳ CMHC premium ($13,296 capitalized)

Property tax (est.)$261/mo

Condo fee$485/mo

Total monthly$2,589

Cash Needed to Close

Down payment (5%)$17,495

Land transfer tax$3,724

Est. closing costs$3,550

Total cash needed$24,769

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