120 Mansion St 505
Kitchener, N2H 0A1
FOR SALE
$399,900
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Property Description
Discover the highly sought-after Mansion Lofts in the vibrant Central Frederick neighbourhood of Kitchener, a true cultural hub. This charming residential area is just steps from downtown, the Kitchener-Waterloo Art Gallery, Centre in the Square, and a variety of groceries, restaurants, and shops. This stunning industrial-style loft features 1 bedroom, 1 bathroom, and showcases beautiful exposed ceilings and brickwork. The open-concept living space is perfect for entertaining or relaxing and features a juliette balcony. Included with the unit is in-suite laundry, 1 outdoor parking space, and access to secure bike storage. Enjoy breathtaking views of downtown Kitchener from the rooftop patio, complete with two community barbecues - ideal for gatherings and enjoying the sunset. Experience the best of urban living at Mansion Lofts!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-10-25 | 2024-12-13 | 50 | $399,900 | - | Suspended |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,698 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (49)
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Flat | 15.16' x 6.66' | |
Dining | Flat | 17.55' x 7.22' | |
Living | Flat | 12.89' x 10.86' | |
Prim Bdrm | Flat | 11.32' x 13.48' | |
Bathroom | Flat | 8.43' x 10.33' |
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Kitchener Market Statistics
Kitchener Price Trend
120 Mansion St 505 is a 1-bedroom 1-bathroom condo listed for sale at $399,900, which is $25,615 (6.8%) higher than the average sold price of $374,285 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $31,465 (7.8%) compared to the previous 30 day period (October 22 - November 20) and down $33,840 (8.3%) from the same time one year ago.Inventory Change
There were 20 1-bedroom condos listed in Kitchener over the last 30 days (November 21 - December 20), which is down 16.7% compared with the previous 30 day period (October 22 - November 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($5,357) (1.4%) below asking price over the last 30 days (November 21 - December 20), which represents a $2,793 increase compared to the previous 30 day period (October 22 - November 20) and $6,425 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 1-bedroom condos in Kitchener over the last 30 days (November 21 - December 20) stood at 70.0%, up from 33.3% over the previous 30 days (October 22 - November 20) and down from 80.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Kitchener stood at 19 days when successfully sold over the last 30 days (November 21 - December 20), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Wolle Realty
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