3085 Kingsway Dr 25
Kitchener, N2C 2P1
FOR SALE
$419,000
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BEDROOMS1
BATHROOMS1
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Property Description
Welcome to this bright and inviting, main level 2 bedroom, 1 bathroom condo, located in the heart of convenience and charm! Situated just moments from the bustling Fairview Park Mall, reputable local schools, and multiple public transit options, including both GRT and LRT stops, this home is perfect for those seeking easy accessibility without sacrificing comfort. Inside, you'll find an open-concept living and dining area filled with natural light, perfect for entertaining or relaxing and has an exit onto the units brand new balcony space. The kitchen boasts modern appliances, ample cabinetry, and counter space, creating an inviting atmosphere for any cooking enthusiast. Each bedroom is generously sized providing plenty of storage. The well maintained bathroom offers a clean, contemporary design with a full-sized tub and shower. Enjoy hassle-free condo living with included amenities like designated parking, and professional maintenance. This is an excellent opportunity for first time home buyers, investors, or anyone looking to downsize without compromising on location. Don't miss the chance to own this delightful condo in a prime location!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-06-10 | 2021-06-12 | 2 | $299,900 | $401,000 | Sold |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,998 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Rental
Garage Type
None
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Kitchener Market Statistics
Kitchener Price Trend
3085 Kingsway Dr 25 is a 2-bedroom 1-bathroom condo listed for sale at $419,000, which is $26,000 (5.8%) lower 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 Re/Max Twin City Realty Inc.
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