$399,900

For sale

#PH 2707 108 Garment Street, Kitchener - Single Family for Sale

#PH 2707 108 Garment Street, Kitchener, Ontario, N2G0E2

2 beds1 bath1 parking650 ft²$645/mo condo feeListed 161 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Its $399,900 asking price sits right in line with the $399,500 median in Kitchener.

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Description

RARELY AVAILABLE PENTHOUSE IN Garment Street Condos! Don't miss this opportunity to own a unit with breathtaking views Located in Kitchener's Innovation District, you will find yourself within steps of Kitchener's vibrant downtown, restaurants, tech companies, university and college campuses, Victoria Park, and light rail transit. This 1 bed + den unit features an open concept kitchen with peninsula and quartz counters, stainless steel appliances, engineered flooring, soaring 10 ft. ceilings, and a 49 sq. ft. balcony with a western exposure. The building features luxury amenities, including entertainment room, landscaped BBQ terrace, fitness room, yoga studio, and outdoor pool and sports court to name a few. Parking for one vehicle included. (id:66096)

Property Details

MLS®: X13206502
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $645/mo
Fee Includes: Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,270/yr
Listed: 161 days ago

Rooms

Main level

Living room: 4.07 x 3.12 meters
Kitchen: 2.69 x 2.64 meters
Bedroom: 3.84 x 3.05 meters
Den: 2.49 x 2.26 meters

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

Features

Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

161d

Kitchener listings, avg age

53d

Price / ft²

$616

List price

$400K

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 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 iCloud Realty Ltd. · GURPREET SANDHU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $399,900, about 6.4× the local median household income of $62,400.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 25% above the area median.

Median household income: $62,400
Population: 14,580
Median age: 38
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N2G)

$399,900· $616/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$273/mo

Condo fee$645/mo

Total monthly$3,024

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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

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