17 PETER St 10
Kitchener, N2G 3J5
FOR SALE
$499,999
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Property Description
Attention homebuyers and investors alike! If you are looking for a spacious, brand new, never lived in condo in the heart of Downtown Kitchener, then look no further! Welcome to "The Jackson" Floor plan in the beautifully constructed Cedar Hill condo building. This top floor penthouse unit features over 1000 square feet of beautifully finished living space, 2 Bedrooms, 1 Bathroom, full stainless steel appliance package, quartz countertops, waterfall backsplash, tons of natural light, 1 surface parking spot and all finishes and upgrades already INCLUDED in the price. Rates are coming down and now is the time to buy. This development consists of 10 brand new condo units built by Welcome Home Construction. One Bedroom units also available. Welcome Home Construction have over 20 years of experience, AND are a fully licensed Tarion Builder. Book your showing asap because these units will not be available much longer!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-30 | 2024-11-26 | 57 | $499,999 | - | Terminated |
| 2023-11-27 | 2024-06-24 | 210 | $644,888 | - | Terminated |
| 2023-11-27 | 2024-03-07 | 104 | $644,888 | - | Suspended |
Property Features
Hospital
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Property Details
Street
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
1000-1199
Exterior
Brick, Wood
Heat Type
Forced Air
Air Conditioning
Central Air
Parking Spaces
1
Garage Type
Outside/Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Dining | Main | 8.66' x 13.48' | |
| Living | Main | 18.67' x 12.24' | |
| Br | Main | 10.24' x 10.07' | |
| Prim Bdrm | Main | 10.17' x 12.93' | |
| Bathroom | Main | 5.51' x 9.51' | |
| Utility | Main | 5.35' x 6.33' | |
| Kitchen | Main | 10.01' x 14.83' |
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Kitchener Market Statistics
Kitchener Price Trend
17 PETER St 10 is a 2-bedroom 1-bathroom condo listed for sale at $499,999, which is $92,999 (22.8%) higher than the average sold price of $407,000 in the last 30 days (October 30 - November 28). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $8,000 (1.9%) compared to the previous 30 day period (September 30 - October 29) and up $57,000 (16.3%) from the same time one year ago.Inventory Change
There were 26 2-bedroom condos listed in Kitchener over the last 30 days (October 30 - November 28), which is down 18.8% compared with the previous 30 day period (September 30 - October 29) and up 52.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold $5,000 (1.2%) above asking price over the last 30 days (October 30 - November 28), which represents a $9,900 increase compared to the previous 30 day period (September 30 - October 29) and ($4,900) 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 (October 30 - November 28) stood at 34.6%, down from 43.8% over the previous 30 days (September 30 - October 29) and up from 29.4% 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 17 days when successfully sold over the last 30 days (October 30 - November 28), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Neumann Real Estate, Brokerage
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