$361,209
For sale: Apartment

*** Brand-new condo by Reid's Heritage Homes, qualifies for the HST Rebate which could save you thousands *** This bright and stylish "Riverside" model is a 630 sq. ft. main-floor suite offering the convenience of easy access, making day-to-day living effortless. Featuring premium views backing onto mature trees, one bedroom, one bathroom, a balcony and many additional features including; quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring. Enjoy the added benefits of one parking space, a storage locker, secure building entry, elevator access, bicycle storage, a party room with kitchenette, and a playground. Located steps from trails, transit, shopping, and everyday amenities, with quick highway access and a short drive to universities and colleges. A fantastic opportunity for first-time buyers, downsizers, professionals, or investors seeking modern, low-maintenance living in a convenient location. The purchase price set out above is net of HST. How HST will be addressed will be determined at the time the Purchaser enters the agreement of purchase and sale, based on the status of the existing and proposed HST Rebates announced by the provincial and federal governments. ARN# is TBD.
Sold data
Apartment homes in Kitchener took a median of 48 days to sell over the last 90 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 91, across 47 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.
The median sale price was $345,000.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 47 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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