$480,000

For sale

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#903 55 Duke Street West, Kitchener - Single Family for Sale

#903 55 Duke Street West, Kitchener, Ontario, N2H0C9

2 beds2 baths1 parking ft²

#603 15 Prince Albert Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by RE/MAX REAL ESTATE CENTRE INC.

For saleJust listed

Today

$285K

#603 15 PRINCE ALBERT Boulevard, Kitchener, Ontario, N2H0C2

1 bd1 ba1 pk550 ft²+$533/mo

Listed by Re/Max Real Estate Centre Inc.

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

For saleJust listed

Today

$200K

#1C 185 Windale Crescent, Kitchener, Ontario, N2E0G3

1 bd1 ba550 ft²+$471/mo

Listed by RE/MAX MILLENNIUM REAL ESTATE

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

For saleJust listed

Today

$270K

#1304 1 Victoria Street South, Kitchener, Ontario, N2G0B5

1 bd1 ba550 ft²+$502/mo

Listed by RE/MAX TWIN CITY REALTY INC.

Investment analysis

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$480,000

Kitchener

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Description

2 Bdrm + 2 Bathroom Corner Unit! 1013 Square Feet! Brand New Young Condos In The Soul Of Downtown Kitchener. Individual Piece Is Maintained With Secure Entrance And Excellent Service . The Building Offers Plethora Of Amenities Including Car Wash Bay, 3rd Floor Sunbathing Terrace, Fitness Room, Indoor Stoller Storage, 5th Floor Terrace With Bbq's , Amazing Running Track On Rooftop, Storage For Bikes, Dog Run And Station For Pet Washing . This 9th Floor Magnificent Unit Is Furnished With High Ceilings, Ss Appliances, Tile And Plank Laminate Flooring Is Present. Moreover, Led Lightning And Granite Countertops Is Also Included. (id:66096)

Property Details

MLS®: X13650100
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $650/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Property Tax: $4,246/yr
Listed: 90 days ago

Market Timing

Days on market

90d

Kitchener listings, avg age

54d

Price / ft²

$437

List price

$480K

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.

Area context

Neighbourhood profile (N2H)

This home lists at $480,000, about 6.5× the local median household income of $73,500.

Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — roughly 28% 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)

$480,000· $437/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,000

Min 5%50%

Mortgage payment$2,528/mo

↳ CMHC premium ($18,240 capitalized)

Property tax (est.)$354/mo

Condo fee$650/mo

Total monthly$3,532

Cash Needed to Close

Down payment (5%)$24,000

Land transfer tax$6,075

Est. closing costs$3,940

Total cash needed$34,015

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

#903 55 Duke Street West, Kitchener - Single Family for Sale

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Neighbourhood profile (N2H)

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