$472,478
For sale: Apartment

Experience spacious, low-maintenance living in this brand-new 897 sq ft 2-bedroom suite for sale by Reid's Heritage Homes. This bright, open-concept floor plan is thoughtfully finished with premium quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout. The generous layout offers plenty of room for a growing family, guest space, or a home office. The true highlight is the private setting, as the unit backs directly onto a lush, protected ravine for scenic forest views and a level of privacy rarely found in the city. Complete with in-suite laundry and one dedicated parking space, this home offers a perfect blend of modern style and natural tranquility minutes from Hwy 7/8 and the Grand River trail system. 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 HST Rebates announced by the provincial and federal governments
Sold data
Apartment homes in Kitchener took a median of 54 days to sell over the last 90 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 85, across 57 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.
The median sale price was $329,900.
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 33% of sellers reduced their price before finding a buyer.
Based on 57 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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