2 Lancaster St E 402
Kitchener, N2H 6S3
FOR SALE
$739,900

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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSX12012796
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Property Description
Queens Heights Condominium welcomes you to luxury living at its finest. Warm and inviting atmosphere upon entry to this beautiful 4th floor unit. French doors lead into the spacious open concept and elegant shared living and dining room area. Classy crown molding surrounds this beautiful layout as well as floor to ceiling windows, California Sliding shutters, and gleaming hardwood to enjoy. This grand room offers great opportunity for you to entertain family and friends with ease. Just off this room, step into the bright and cheery eat-in kitchen complimented with stainless appliances, ceramic flooring, porcelain backsplash, quartz counters, double stainless sinks, ample counters and cupboards. Sliders from kitchen area to large balcony overlooking City life and sunsets! Take a tour down the hallway wrapped with luxury hardwood underfoot and step into another wing of the unit where you'll find 2 very spacious bedrooms. Both bedrooms have access to private bathrooms and walk in closets. Primary bedroom enjoys a large 6pc ensuite that will surely draw you in. Delight in the walk-in glass shower, whirly tub, double sinks, bidet, and don't forget the heat lamp. This unit is southwest facing allowing for tons of natural light to pour in. Owners, take enjoyment in the heated underground garage with a wash bay. Your oversized storage unit (14'6 x 10'6 ft) is located just off of your owned parking spot. The condominium offers 2 guest suites for your overnight visitors. As well, there is an oversized party room with billiards, a fitness room, an upscale rooftop terrace with 2 BBQs, and beautiful outdoor furniture overlooking a gorgeous City Skyline. The award-winning landscape of this condominium represents the standard of the building.
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Property Features
Arts Centre, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt
Approximate Sq.Ft.
1800-1999
Taxes
$4,379 (2024)
Basement
Apartment
Exterior
Stucco/Plaster
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (3)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Dining | Main | 12.60' x 15.32' | |
Living | Main | 12.60' x 24.51' | |
Kitchen | Main | 9.09' x 12.83' | |
Breakfast | Main | 9.09' x 8.23' | |
Prim Bdrm | Main | 11.75' x 15.75' | 5 Pc Ensuite |
2nd Br | Main | 10.17' x 15.75' | |
Bathroom | Main | 4.92' x 9.09' | 4 Pc Bath |
Bathroom | Main | 9.84' x 13.91' | 5 Pc Ensuite |
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Kitchener Market Statistics
Kitchener Price Trend
2 Lancaster St E 402 is a 2-bedroom 2-bathroom condo listed for sale at $739,900, which is $321,400 (76.8%) higher than the average sold price of $418,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $14,000 (3.2%) compared to the previous 30 day period (December 22 - January 20) and up $282,750 (208.3%) from the same time one year ago.Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.9% compared with the previous 30 day period (December 22 - January 20) and up 210.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,501 decrease compared to the previous 30 day period (December 22 - January 20) and ($1,900) 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 (January 21 - February 19) stood at 12.9%, down from 18.2% over the previous 30 days (December 22 - January 20) and down from 540.0% 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 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Solid Gold Realty (Ii) Ltd
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