104 Garment St 1602
Kitchener, N2G 0C8
FOR SALE
$519,999
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Property Description
Attention all first-time home buyers and investors, welcome to the Garment Street Condos, urban living in the heart of Kitchener! Boasting a spacious suite with 2 bedrooms that are large enough to fit king bed-sets, 1 full bathroom and a thoughtfully designed floor plan for optimal functionality and space. This is not your typical condo unit, this suite offers tons of cabinet space in with an upgraded kitchen including quartz counters complimenting backsplash, floating kitchen island, plus additional storage rooms within the suite for convenience- bonus, it comes with a locker if you need more, and a full size washer and dryer! The proximity to DTK, shops, grocerystores, coffee shops, parks and restaurants is unmatched and makes this an easy commute just about anywhere you go! Comes with 1 parking also!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-01-09 | 2023-02-28 | 50 | $2,400 | $2,400 | Leased |
| 2022-09-14 | 2022-12-11 | 88 | $2,600 | - | Terminated |
| 2021-08-11 | 2021-08-17 | 6 | $2,150 | $2,150 | Leased |
Property Features
Park, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,742 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Kitchener Market Statistics
Kitchener Price Trend
104 Garment St 1602 is a 2-bedroom 1-bathroom condo listed for sale at $519,999, which is $104,999 (25.3%) higher than the average sold price of $415,000 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $25,000 (5.7%) compared to the previous 30 day period (September 1 - September 30) and down $110,000 (21.0%) from the same time one year ago.Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (October 1 - October 30), which is up 10.7% compared with the previous 30 day period (September 1 - September 30) and up 210.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($4,900) (1.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $5,100 increase compared to the previous 30 day period (September 1 - September 30) and ($17,557) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Kitchener over the last 30 days (October 1 - October 30) stood at 45.2%, up from 25.0% over the previous 30 days (September 1 - September 30) and down from 70.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Kitchener stood at 34 days when successfully sold over the last 30 days (October 1 - October 30), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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