$409,000

For saleJust listed

#902 85 Duke Street, Kitchener - Single Family for Sale

#902 85 Duke Street, Kitchener, Ontario, N2H0B7

2 beds2 baths1 parking950 ft²$960/mo condo feeListed 6 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 950 sq ft of space. Its $409,000 asking price sits right in line with the $399,500 median in Kitchener. It has been on the market 6 days, fresher than the Kitchener average of 54 days.

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Description

Located in the heart of downtown Kitchener, this beautiful condo features a modern open-concept kitchen with stainless steel appliances and CARPET-FREE flooring throughout. Large, bright, floor-to-ceiling windows provide plenty of natural light and unobstructed views, complemented by 9-foot ceilings. Walking distance to shopping, bus stops, LRT station, Kitchener Go Station, Library, Kitchener City Hall, Google office and the Health Sciences Campus of the University of Waterloo. 7 x 24 concierge security. Residents can also enjoy the exercise room and other amenities at 55 Duke Street West. Like-new condition! The owner lived in the unit for only one year, and it has never been rented. Don't miss this chance to make it yours! (id:66096)

Property Details

MLS®: X14130928
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $960/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,400/yr
Listed: 6 days ago

Rooms

Flat

Bedroom: 4.19 x 3.71 meters
Bedroom 2: 3.79 x 2.92 meters
Kitchen: 5.49 x 1.83 meters
Living room: 5.49 x 2.97 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, Oven, Dryer, Microwave
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

54d

Price / ft²

$431

List price

$409K

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 6 days, which is 48 days fresher than the city average of 54. Act while there is still low competition.

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Listed by MASTER'S TRUST REALTY INC. · DENNIS XU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2H)

This home lists at $409,000, about 5.6× the local median household income of $73,500.

Carrying it typically needs a household income of about $79,892 (20% down, 25-yr amortization, stress-tested) — roughly 9% above 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)

$409,000· $431/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,450

Min 5%50%

Mortgage payment$2,154/mo

↳ CMHC premium ($15,542 capitalized)

Property tax (est.)$367/mo

Condo fee$960/mo

Total monthly$3,481

Cash Needed to Close

Down payment (5%)$20,450

Land transfer tax$4,655

Est. closing costs$3,727

Total cash needed$28,832

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