185 Windale Cres 6C

Kitchener, N2E 3H4
FOR SALE
$2,900,000
185 Windale Cres 6C, Kitchener
185 Windale Cres 6C
185 Windale Cres 6C
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X8163782
MLSID
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Property Description
Prime Investment Opportunity at Windale Residences. Act fast - only nine units remain available, all currently tenanted, offering an unbeatable opportunity to elevate your investment portfolio for those keen on securing a foothold in this sought-after location. Perfect for young business professional tenants seeking low-maintenance living within walking distance to amenities and I-Express bus lines to LRT & University of Waterloo.
Extras
Fridge, stove, washer, dryer (as is)
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,854 (2024)
Basement
None
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain9.91' x 14.07'
KitchenMain9.91' x 11.15'
BrMain5.84' x 11.42'
BathroomMain5.25' x 5.41'
Kitchener Market Statistics
Kitchener Price Trend
185 Windale Cres 6C is a 1-bedroom 1-bathroom condo listed for sale at $2,900,000, which is $2,486,000 (600.5%) higher than the average sold price of $414,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $50,748 (14.0%) compared to the previous 30 day period (March 15 - April 13) and down $38,500 (8.5%) from the same time one year ago.
Inventory Change
There were 40 1-bedroom condos listed in Kitchener over the last 30 days (April 14 - May 13), which is up 29.0% compared with the previous 30 day period (March 15 - April 13) and up 135.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($10,000) (2.4%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,054 decrease compared to the previous 30 day period (March 15 - April 13) and ($4,930) 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 (April 14 - May 13) stood at 35.0%, down from 61.3% over the previous 30 days (March 15 - April 13) and down from 82.4% 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 42 days when successfully sold over the last 30 days (April 14 - May 13), compared to 31 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Agency
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