#Unit 11 1241 Strasburg Road, Kitchener - Retail for Sale

#Unit 11 1241 Strasburg Road, Kitchener, Ontario, N2R1S6

1,184 ft²Listed 50 days ago

Overview

This retail property in Kitchener is for sale offering roughly 1,184 sq ft of space. It has been on the market 50 days, fresher than the Kitchener average of 54 days.

Retail Space for Sale in Kitchener →All real estate in Kitchener →

Description

Great Location, Few Years Old Plaza built in 2022, Second Floor Unit, Many Uses Available, Condo Fee $ 631.36, Hst If Applicable, Selling As Power Sale, This unit is on 2nd Floor and it is Shell Unit. (id:66096)

Property Details

MLS®: X13786050
Property Type: Retail
Zoning: Commercial Retail (B-3 By Law 87-67)
Interior Size: 1,184 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,515.85/yr
Listed: 50 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Kitchener listings, avg age

54d

Price / ft²

$312

List price

$369K

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 retail in Kitchener has been listed for 50 days, which is 4 days fresher than the city average of 54. Act while there is still low competition.

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Listed by COMMITMENT REALTY LTD. · JASVIR SINGH DHILLON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2R)

This home lists at $369,000, about 3.2× the local median household income of $116,000.

Carrying it typically needs a household income of about $72,079 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $116,000
Population: 18,445
Median age: 32.8
Owner / renter: 80% / 20%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA N2R)

$369,000· $312/ft²

For sale

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Financing

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