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$324,900

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#7 300 Traynor Avenue, Kitchener - Single Family for Sale

#7 300 Traynor Avenue, Kitchener, Ontario, N2C2J1

2 beds2 baths1 parking1,100 ft²$487/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 1,100 sq ft of space. Listed at $324,900, it is attractively priced about 19% below the $399,500 median asking price in Kitchener. It has been on the market 16 days, fresher than the Kitchener average of 53 days.

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

Description

Welcome to this spacious three level 2 bedroom, 1.5 bath unit, offering an excellent opportunity for first time homebuyers or investors looking to add to their portfolio. The home features a versatile bonus room in the basement, providing additional living space to suit your needs. Enjoy the convenience of one dedicated parking space located near the unit's entrance, along with additional visitor parking. Direct backyard access to the parking lot offers added convenience for moving items and taking waste to the designated bins.Enjoy the benefits of homeownership with added peace of mind, as the maintenance fees include snow removal, lawn care, and roof and window replacements. Conveniently located close to a variety of amenities and offering quick, easy access to the highway, this property combines practicality, convenience, and value. An excellent opportunity for both homeowners and investors alike! (id:66096)

Property Details

MLS®: X14092782
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 1
Interior Size: 1,100 ft²
Storeys: 2
Basement: Partially finished, Full
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Garage: No Garage
Condo Fee: $487/mo
Fee Includes: Parking
Ownership: Condo/Strata
Property Tax: $1,940/yr
Listed

Rooms

Main level

Dining room: 2.62 x 2.27 meters
Kitchen: 2.55 x 218 meters
Living room: 3.56 x 6.55 meters

Second level

Bathroom: 3 x 3.34 meters
Bedroom 2: 2.71 x 4.46 meters
Primary Bedroom: 3.37 x 4.46 meters

Basement

Laundry room: 3.05 x 3.25 meters
Recreational, Games room: 6.12 x 6.52 meters

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

Features

Appliances: Dishwasher, Water Heater
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Kitchener listings, avg age

53d

Price / ft²

$295

List price

$325K

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 2-bed single family in Kitchener has been listed for 16 days, which is 37 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX A-B Realty Ltd · PAIGE WILHELM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2C)

This home lists at $324,900, about 4.6× the local median household income of $70,000.

Carrying it typically needs a household income of about $63,464 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $70,000
Population: 17,681
Median age: 36.8
Owner / renter: 33% / 67%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA N2C)

$324,900· $295/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,245

Min 5%50%

Mortgage payment$1,711/mo

↳ CMHC premium ($12,346 capitalized)

Property tax (est.)$162/mo

Condo fee$487/mo

Total monthly$2,360

Cash Needed to Close

Down payment (5%)$16,245

Land transfer tax$3,349

Est. closing costs$3,475

Total cash needed$23,069

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Open house

#7 300 Traynor Avenue, Kitchener - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N2C)

Book a showing

Full Cost Breakdown