$305,000

$325,000For salePrice drop↓ $20,000 (6%)

#6B 164 Heiman Street, Kitchener - Single Family for Sale

#6B 164 Heiman Street, Kitchener, Ontario, N2M0B8

1 bed1 bath1 parking650 ft²$287/mo condo feeListed 90 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Listed at $305,000, it is attractively priced about 24% below the $399,500 median asking price in Kitchener.

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Description

Bright and Move In Ready! This condo offers a stylish open-concept layout designed for comfortable everyday living. The kitchen features white cabinetry, a quartz countertop, subway tile backsplash, stainless steel appliances, and breakfast bar. Wide plank flooring throughout. Step from the living room to your private balcony to enjoy your morning coffee or unwind at the end of the day. The bedroom features a double closet as well as additional storage space that all condo owners can appreciate! Ideally located close to major highways (7/8/401) for an easy commute and just minutes to Victoria Park, the scenic Iron Horse Trail, Laurier and U of Waterloo. Enjoy convenient access to schools, groceries, shopping, Mausser Park and more! This turnkey home is an excellent opportunity! (id:66096)

Property Details

MLS®: X13648356
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, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $287/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,896/yr
Listed: 90 days ago

Rooms

Main level

Bedroom: 3.3 x 2.77 meters
Kitchen: 5.64 x 4.04 meters
Living room: 5.64 x 4.04 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, Oven, Dryer, Window Coverings, Water Heater - Tankless
Exterior: Brick, Stone
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

90d

Kitchener listings, avg age

53d

Price / ft²

$470

List price

$305K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by REMAX YOUR COMMUNITY REALTY · PAULA RODRIGUEZ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2M)

This home lists at $305,000, about 4.3× the local median household income of $71,500.

Carrying it typically needs a household income of about $59,577 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $71,500
Population: 36,494
Median age: 36.4
Owner / renter: 46% / 54%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N2M)

$305,000· $470/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,250

Min 5%50%

Mortgage payment$1,606/mo

↳ CMHC premium ($11,590 capitalized)

Property tax (est.)$241/mo

Condo fee$287/mo

Total monthly$2,135

Cash Needed to Close

Down payment (5%)$15,250

Land transfer tax$3,050

Est. closing costs$3,415

Total cash needed$21,715

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