108 Garment St 1508
Kitchener, N2G 2B3
FOR SALE
$500,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Experience the luxury of living in one of Kitchener's most desirable condo buildings, Tower 3 of Garment Street Condos. This stunning 2-bed, 2-bath unit offers a modern open-concept living space with nine-foot ceilings and full-length windows, allowing for an abundance of natural light. The sleek kitchen, designed for both style and functionality, is perfect for entertaining or everyday living, and comes equipped with stainless steel appliances. The condo also features a 49 sq ft balcony, ideal for outdoor relaxation, and includes parking for one vehicle. Additionally, geothermal heat, water, and internet are included in the monthly fee, offering added convenience. The amenity-rich condo complex provides everything you need for a vibrant urban lifestyle, including a pet-friendly outdoor space, fitness and yoga facilities, an entertainment room with a catering kitchen, and a sports court with a basketball net. You can also unwind in the relaxing outdoor pool, lounge areas, and BBQ spaces, perfect for laid-back living. The location offers easy access to local attractions, restaurants, and transportation options, including the upcoming transit hub, which will feature Go Train, LRT, and bus services all in one place. It's within walking distance to major employers such as Google, Deloitte, KPMG, D2L, and Communitech, as well as McMaster School of Medicine, the U of W School of Pharmacy, and Victoria Park. This meticulously crafted condo offers the perfect blend of convenience and luxury in a vibrant, sought-after neighborhood. Don't miss your chance to make this your new home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-05 | 2023-11-09 | 65 | $2,800 | - | Suspended |
| 2022-09-27 | 2022-10-25 | 30 | $2,600 | $2,800 | Leased |
Property Features
Library, Place Of Worship, Public Transit, School, School Bus Route
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Property Details
Street
City
Property Type
Comm Element Condo, Multi-Level
Approximate Sq.Ft.
800-899
Taxes
$3,526 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.40' x 16.73' | |
| Prim Bdrm | Main | 9.81' x 10.01' | |
| 2nd Br | Main | 9.91' x 10.01' | |
| Bathroom | Main | 4.99' x 9.48' | |
| Bathroom | Main | 4.99' x 7.12' |
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Kitchener Market Statistics
Kitchener Price Trend
108 Garment St 1508 is a 2-bedroom 2-bathroom condo listed for sale at $500,000, which is $81,500 (19.5%) higher than the average sold price of $418,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $14,000 (3.2%) compared to the previous 30 day period (December 22 - January 20) and up $282,750 (208.3%) from the same time one year ago.Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.9% compared with the previous 30 day period (December 22 - January 20) and up 210.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,501 decrease compared to the previous 30 day period (December 22 - January 20) and ($1,900) less 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 (January 21 - February 19) stood at 12.9%, down from 18.2% over the previous 30 days (December 22 - January 20) and down from 540.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Kitchener stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Save Max 365 Realty
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