119 Cedar St S 1
Kitchener, N2G 3L6
FOR SALE
$298,000
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BEDROOMS1
BATHROOMS1
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ROOMSX11892945
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Property Description
One of lowest price condo apartment in KWC region. Welcome to this centrally located 2-bedroom condo in downtown Kitchener!Perfect for first-time buyers and investors. . Postive cash flow, Was rented for $2100+ Utillities. Open Concept Design W/ Updated Kitchen Overlooking The Dining/Living Rm Area. Ceramic Tile In Kitchen & Halfway. this affordable gem offers unbeatable access to top schools, shopping, Victoria Park, and downtown amenities. Don't miss out on rock-bottom prices! Owned water heater. Motivated Seller..
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-21 | 2024-12-14 | 23 | $314,500 | - | Terminated |
| 2023-04-24 | 2023-06-18 | 55 | $299,000 | $270,000 | Sold |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,642 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 17.16' | |
| Kitchen | Main | 8.43' x 8.76' | |
| Br | Main | 8.60' x 14.24' | |
| Br | Main | 7.68' x 13.48' |
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Kitchener Market Statistics
Kitchener Price Trend
119 Cedar St S 1 is a 2-bedroom 1-bathroom condo listed for sale at $298,000, which is $123,562 (29.3%) lower than the average sold price of $421,562 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $14,562 (3.6%) compared to the previous 30 day period (October 22 - November 20) and up $46,562 (12.4%) from the same time one year ago.Inventory Change
There were 28 2-bedroom condos listed in Kitchener over the last 30 days (November 21 - December 20), which is up 16.7% compared with the previous 30 day period (October 22 - November 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($11,037) (2.6%) below asking price over the last 30 days (November 21 - December 20), which represents a $3,237 decrease compared to the previous 30 day period (October 22 - November 20) and ($24,900) 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 (November 21 - December 20) stood at 28.6%, down from 37.5% over the previous 30 days (October 22 - November 20) and down from 35.7% 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 44 days when successfully sold over the last 30 days (November 21 - December 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with King Realty Inc.
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