$370,918
For sale: Apartment

Experience the ideal combination of modern comfort and everyday convenience in this brand-new 640 sq. ft. one-bedroom suite, offered directly by Reid's Heritage Homes. Perfect for first-time buyers, those looking to simplify with downsizing, or investors seeking a move-in-ready opportunity, this thoughtfully designed home is as functional as it is inviting. Inside, you'll find a bright, open-concept layout featuring elegant quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout. What truly sets this suite apart is its exceptional setting overlooking a beautiful ravine, it offers peaceful green views, added privacy, and a tranquil atmosphere that's hard to find in an urban environment. 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. Photos are of model suite. Finishes may vary.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.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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