3227 King St E 1005
Kitchener, N2A 3Z9
FOR SALE
$468,888
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2
BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSX8184564
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Property Description
Updated to new with an amazing sunset view--first time home, or downsizing opportunity into this spacious 2 bedroom, 2 three piece bathroom condo at the Regency. This condo backs onto greenspace, is move in ready, with controlled entrance and underground parking. Close proximity to highway 8 expressway, the 401 and on bus routes. Easy access to Fairview Park Mall, Costco, Grand River trails and Chicopee Ski/Summer resort! Freshly painted and carpet-free with new plank flooring throughout. Insuite laundry for convenience. Open concept living room/dining room with loads of natural light. Exclusive underground parking and locker included. Second parking space wait list available. Building amenities include indoor pool, hot tub, sauna, gym, library and party room. Outdoor amenities also include BBQ patio, natural wooded seating area and transit stop directly in front. There is an on site superintendent, so if you want carefree living come look at this beautiful condo!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-12-12 | 2024-04-02 | 112 | $600,000 | - | Terminated |
| 2023-12-12 | 2024-04-02 | 112 | $600,000 | - | Terminated |
| 2023-12-12 | 2024-03-30 | 109 | $600,000 | - | Suspended |
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Property Details
Street
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,000 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Common
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.84' x 15.75' |
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Kitchener Market Statistics
Kitchener Price Trend
3227 King St E 1005 is a 2-bedroom 2-bathroom condo listed for sale at $468,888, which is $43,888 (10.3%) higher than the average sold price of $425,000 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $5,000 (1.2%) compared to the previous 30 day period (March 4 - April 2) and down $102,500 (19.4%) from the same time one year ago.Inventory Change
There were 13 2-bedroom condos listed in Kitchener over the last 30 days (April 3 - May 2), which is down 31.6% compared with the previous 30 day period (March 4 - April 2) and up 8.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($8,949) (2.1%) below asking price over the last 30 days (April 3 - May 2), which represents a $4,051 increase compared to the previous 30 day period (March 4 - April 2) and ($39,150) 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 (April 3 - May 2) stood at 92.3%, up from 68.4% over the previous 30 days (March 4 - April 2) and up from 66.7% 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 25 days when successfully sold over the last 30 days (April 3 - May 2), compared to 75 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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