$249,000

For sale

#706 279 CHANDLER Drive, Kitchener - Single Family for Sale

#706 279 CHANDLER Drive, Kitchener, Ontario, N2E1X6

1 bed1 bath1 parking706 ft²$768/mo condo feeListed 30 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 706 sq ft of space. Listed at $249,000, it is attractively priced about 38% below the $399,500 median asking price in Kitchener. It has been on the market 30 days, fresher than the Kitchener average of 53 days.

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Description

STOP WASTING TIME & MONEY FURNISHING A HOME. THIS IS 100% MOVE-IN READY! 279 Chandler Drive Unit #706 is the ultimate shortcut to homeownership or the easiest addition to your investment portfolio. Drop your bags and start living. No furniture shopping, no moving truck logistics, and absolutely zero hassle. WHY YOU NEED TO BUY THIS NOW: FULLY FURNISHED AND CARPET-FREE: Everything is yours. Skip the thousands of dollars in furniture costs and interest payment traps. Just walk in and enjoy. ALL-INCLUSIVE CONDO FEES: Stop worrying about volatile utility bills. Your condo fee covers Hydro, Water, Sewer, Heat, Building Insurance, AND your own parking space. One predictable monthly payment covers it all! ENORMOUS PRIVATE BALCONY: Massive outdoor footprint that you simply cannot find in newer, cramped 1-bedroom builds. Perfect for relaxing or entertaining. HIGH-END FUNCTIONAL KITCHEN: Loaded with stainless steel appliances, double sinks, durable tile flooring, and massive counter space. LARGE BEDROOM & MASSIVE CLOSET: A true master bedroom with an exceptionally deep, oversized closet to handle all your storage needs. LOCATION IS EVERYTHING! Minutes from Downtown Kitchener's tech hub, Hwy 7/8, major shopping malls, restaurants, and public transit. Perfect for professionals, downsizers, or savvy landlords looking for a premium, high-demand rental unit. (id:66096)

Property Details

MLS®: 40868903
Property Type: Single Family
Zoning: R2
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 706 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Baseboard heaters
Cooling: Wall unit
Garage: Open, Visitor Parking
Condo Fee: $768/mo
Fee Includes: Landscaping, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Foyer: 3'2'' x 4'0''
Foyer: 3'0'' x 14'2''
4pc Bathroom: 4'11'' x 7'7''
Primary Bedroom: 10'6'' x 14'8''
Kitchen: 7'8'' x 11'3''
Dining room: 8'3'' x 9'9''
Living room: 11'0'' x 14'10''

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

Features

Appliances: Refrigerator, Sauna, Dishwasher, Stove, Microwave
Exterior: Brick
Lot Features: Southern exposure, Balcony, Paved driveway, Laundry- Coin operated

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Kitchener listings, avg age

53d

Price / ft²

$353

List price

$249K

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 30 days, which is 23 days fresher than the city average of 53. Act while there is still low competition.

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Listed by City Brokerage · Vojislav Vukovic

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2E)

This home lists at $249,000, about 2.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $93,000
Population: 40,428
Median age: 36.4
Owner / renter: 66% / 34%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N2E)

$249,000· $353/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,450

Min 5%50%

Mortgage payment$1,311/mo

↳ CMHC premium ($9,462 capitalized)

Property tax (est.)$112/mo

Condo fee$768/mo

Total monthly$2,192

Cash Needed to Close

Down payment (5%)$12,450

Land transfer tax$2,215

Est. closing costs$3,247

Total cash needed$17,912

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