3085 Kingsway Dr 1
Kitchener, N2C 2P1
FOR SALE
$468,000
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Property Description
Nestled in a prime location, this upgraded ground floor 2-bedroom, 1-bathroom unit offers a blend of modern elegance and practicality. Fresh upgrades include new 2023 floors and a stylish wood burning fireplace with stone surround. The kitchen showcases refaced cupboards and new paint in the unit. Enjoy privacy with applied patio door film, while the new 2022 furnace and 2023 air conditioner promise year-round comfort. Situated near Fairview Mall, transit stations, LRT, highways 401 and 8, this unit provides easy access to amenities. Plus, benefit from the convenience a low condo fee and the added perk of an ensuite locker and Laundry. Experience contemporary living at its finest with unparalleled ease and comfort.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-09-02 | 2023-12-02 | 91 | $499,888 | - | Expired |
Property Features
Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,939 (2023)
Basement
None
Exterior
Brick, Other
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (1)
Garage Type
Surface
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Kitchener Market Statistics
Kitchener Price Trend
3085 Kingsway Dr 1 is a 2-bedroom 1-bathroom condo listed for sale at $468,000, which is $23,000 (5.2%) higher than the average sold price of $445,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $50,100 (12.7%) compared to the previous 30 day period (September 27 - October 26) and up $105,000 (30.9%) from the same time one year ago.Inventory Change
There were 22 2-bedroom condos listed in Kitchener over the last 30 days (October 27 - November 25), which is down 33.3% compared with the previous 30 day period (September 27 - October 26) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($4,900) (1.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $0 decrease compared to the previous 30 day period (September 27 - October 26) and ($4,900) 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 (October 27 - November 25) stood at 50.0%, up from 39.4% over the previous 30 days (September 27 - October 26) and up from 25.0% 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 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Friends Realty Point
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