$324,900

For sale

#703 85 DUKE Street West, Kitchener - Single Family for Sale

#703 85 DUKE Street West, Kitchener, Ontario, N2H4Y7

1 bed1 bath1 parking546 ft²$483/mo condo feeListed 252 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 546 sq ft of space. Listed at $324,900, it is attractively priced about 19% below the $399,500 median asking price in Kitchener.

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Description

6 MONTHS FREE CONDO FEES!!!!!! This condo isn’t just a place to live—it’s a lifestyle upgrade. Whether you’re starting fresh, downsizing, or looking for a smart investment, this home offers unbeatable value in one of Kitchener’s most dynamic neighborhoods. Chic Downtown Living at it Best!!! Welcome to 85 Duke St. West Unit 703! This stylish 1 bedroom, 1 bathroom condo with a walk-in closet, located in a 24 hour security/concierge attended building is located in the heart of Kitchener's Downtown Tech Hub! Comfortable, clean and stylish the home is waiting for your personal touches to make it truly yours. Your lovely condo also includes a balcony that has amazing views of the city, a locker for storage and 1 underground parking spot! Perfect to that Student who is looking to live in the heart of KW with quick access to schools, or that busy professional looking for stress free living or perhaps that couple starting out and needing a place they can call their own. This is the place you should be considering. This condo offers it all including a roof top patio and party room and you have the use of Building 2's Gym and rooftop running track right next door....and did I mention for all this your Condos Fees are low and the building is exceptionally managed?....It's a low cost stress free space to live that is close to absolutely everything. The LRT transit is directly out side the building to take you to where ever you may need to go...or enjoy all the other amenities in your immediate vicinity which include shopping, places of worship, restaurants, night life, Victoria Park and the skating ring at City Hall. How romantic! After all the activity of the day, be it school, work or an evening out, you can finally come home and relax on your panoramic deck overlooking the lights of the city...as this view is spectacular! Come and visit you won't want to leave without calling it home! (id:66096)

Property Details

MLS®: 40807689
Property Type: Single Family
Zoning: D1
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 546 ft²
Year Built: 2016
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, None
Condo Fee: $483/mo
Fee Includes: Common Area Maintenance, Landscaping, Property Management, Heat, Water, Insurance, Parking

Rooms

Main level

Primary Bedroom: 9'5'' x 9'6''
4pc Bathroom: 8'6'' x 5'6''
Living room: 12'0'' x 10'2''
Kitchen: 12'4'' x 11'0''

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, Window Coverings, Garage door opener, Microwave Built-in
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Corner Site, Balcony, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

252d

Kitchener listings, avg age

53d

Price / ft²

$595

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 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 RE/MAX SOLID GOLD REALTY (II) LTD. · Kim Ulmer

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $324,900, about 4.4× the local median household income of $73,500.

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: $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)

$324,900· $595/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.)$240/mo

Condo fee$483/mo

Total monthly$2,434

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