20 ST GEORGE St 302
Kitchener, N2G 2S7
FOR SALE
$400,000
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Property Description
LIFE LEASE at Sandhills Retirement Community opened in 2001,a Christian faith-based multi-denominational not-for-profit corporation providing quality housing for active seniors 55+ years of age. Smoke-free, caring community of like-minded residents. 58 bright, lovely, and spacious apartment-style suites with large windows, in downtown Kitchener. Appliances included are washer/dryer, fridge, stove and dishwasher. Suites are individually forced air heated and air conditioned. Appliances and HVAC equipment repairs and replacement are included in the monthly fee. Pet friendly with restrictions. Victoria Park Heritage Area with its heritage buildings. Close to numerous churches, shopping, entertainment, performing arts centre. Well Managed and Quiet Building. This is a 1105 sq.ft. 2 Bedroom, 2 Bathrooom CORNER unit with SOLARIUM NE view. Large master bedroom with Ensuite Bath. Monthly fee $865 includes property taxes. Electrical utility is extra but very affordable due to the quality of the building construction. There is no Land Transfer Tax nor legal closing costs. Note that unit must be owner occupied (NO rental units). Traditional financing is not available. Garage parking space and storage locker included.
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Property Features
Hospital
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Property Details
Street
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
1000-1199
Taxes
$2,029 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Water
Heat Source
Electric
Air Conditioning
Central Air
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.76' x 10.50' | |
| Sunroom | Main | 8.99' x 8.99' | |
| Prim Bdrm | Main | 10.50' x 14.17' | , Ensuite Bath |
| Br | Main | 10.50' x 11.84' | |
| Laundry | Main | 6.00' x 6.00' | Vinyl Floor |
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Kitchener Market Statistics
Kitchener Price Trend
20 ST GEORGE St 302 is a 2-bedroom 2-bathroom condo listed for sale at $400,000, which is $21,562 (5.1%) lower than the average sold price of $421,562 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $14,562 (3.6%) compared to the previous 30 day period (October 22 - November 20) and up $46,562 (12.4%) from the same time one year ago.Inventory Change
There were 28 2-bedroom condos listed in Kitchener over the last 30 days (November 21 - December 20), which is up 16.7% compared with the previous 30 day period (October 22 - November 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($11,037) (2.6%) below asking price over the last 30 days (November 21 - December 20), which represents a $3,237 decrease compared to the previous 30 day period (October 22 - November 20) and ($24,900) 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 (November 21 - December 20) stood at 28.6%, down from 37.5% over the previous 30 days (October 22 - November 20) and down from 35.7% 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 (November 21 - December 20), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Power Realty Inc
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