20 ST GEORGE St 506
Kitchener, N2G 2S7
FOR SALE
$299,900
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Property Description
Sandhills Retirement Community opened in 2001, a 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. The facility encompasses a 58 bright, lovely and spacious apartment- style suites with large windows in downtown Kitchener. Appliances included are washer/ dryer, fridge, stove & dish-washer. Suites have individually controlled heating with efficient electric hot water/ forced air systems and each is cooled with its own rooftop air conditioner. This 839 sq.ft. 2 bedroom unit with 4pc bathroom and balcony with east view. Large master bedroom (large enough for a king sized bed). Well managed and quiet building. Very efficient & economical living. Monthly payment $690 includes property taxes. Utilities are extra but are affordable due to the quality of the building construction. No worries about the appliances and HVAC equipment repairs or replacement costs. Pet friendly with restrictions. VICTORIA PARK area with its heritage buildings. Close to numerous churches, shopping, entertainment, performing arts centre, library & LRT transit. Life Lease - no Land Transfer Tax nor legal closing costs. Note that unit must be owner occupied (no rental units in building). Traditional mortgage financing is not available. Garage parking space available for $100/month. Locker included.
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Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,728 (2025)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Rental
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.01' x 16.01' | Balcony, Walk-Out |
| Kitchen | Flat | 8.33' x 8.50' | B/I Dishwasher, Ceiling Fan |
| Prim Bdrm | Flat | 10.50' x 15.68' | W/I Closet |
| Br | Flat | 8.50' x 9.51' | |
| Laundry | Flat | 4.99' x 8.01' | Vinyl Floor |
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Kitchener Market Statistics
Kitchener Price Trend
20 ST GEORGE St 506 is a 2-bedroom 1-bathroom condo listed for sale at $299,900, which is $118,600 (28.3%) lower 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 1-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 Homelife Power Realty Inc
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