15 HOFSTETTER Ave 412
Kitchener, N2A 3Z7
FOR SALE
$379,000
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Property Description
Stunning2 Bed, 2Bath ApartmentFully Upgraded! This beautifully renovated unit offers modern upgrades throughout. Enjoy brand new 12mm sound proofflooring, ceramic flooring, and new countertops. The kitchen features new lower cabinets and a new faucet, with more upgrades scheduled for Summer 2024, including new bathtubs, vanities, and closet doors.The unit in cludes anew A/C and heater unit (installed Aug 2023, fullyowned) and an elegant granite fireplace. Recent updates include furnace &A/C (2023), fresh paint, lighting/fanfixtures (2021-2022), and a Wi-Fi thermostat. Laundry facilities are available on all floors, conveniently located next to the elevator. Situated in close proximity toall major amenities and highway access. Move-in ready with future upgrades for lasting comfort.
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Extras
Upgrades Summer 2024: New sound proof flooring, Throughout New closetdoors,throughout New kitchen cabinets (lower) New kitchen sink & faucet New bath tubs in both washrooms New vanities in both.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,800 (2024)
Basement
None
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Wood
Air Conditioning
Wall Unit
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Kitchener Market Statistics
Kitchener Price Trend
15 HOFSTETTER Ave 412 is a 2-bedroom 2-bathroom condo listed for sale at $379,000, which is $66,000 (14.8%) lower than the average sold price of $445,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $50,100 (12.7%) compared to the previous 30 day period (September 27 - October 26) and up $105,000 (30.9%) from the same time one year ago.Inventory Change
There were 22 2-bedroom condos listed in Kitchener over the last 30 days (October 27 - November 25), which is down 33.3% compared with the previous 30 day period (September 27 - October 26) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($4,900) (1.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $0 decrease compared to the previous 30 day period (September 27 - October 26) and ($4,900) 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 (October 27 - November 25) stood at 50.0%, up from 39.4% over the previous 30 days (September 27 - October 26) and up from 25.0% 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 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with The Canadian Home Realty Inc.
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