$279,900
For sale: Apartment

3 bedroom, 1.5 bath condo with a balcony in a mature family friendly neighbourhood. Freshly painted and cleaned - move-in condition! Solid brick building with shared laundry (on 2nd floor), bike storage (on main floor) and a storage locker (on 3rd floor). Convenient all-inclusive condo fee is $758/mth and includes heat, hydro and water. Property tax is $2103 yr. Rare opportunity here - original owner who bought in the 80's is retiring from the rental business.
Sold data
Apartment homes in Kitchener took a median of 52 days to sell over the last 90 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 85, across 50 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 94 days.
The median sale price was $327,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 50 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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