3227 King St E 503

Kitchener, N2A 3Z9
FOR SALE
$520,000
3227 King St E 503, Kitchener
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
3227 King St E 503
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X8048590
MLSID
Contact Us
Property Description
Explore convenient condo living in this highly sought-after Executive Corner 2 Bedroom, 2 Bathroom gem at The Regency. Boasting picturesque greenspace views in a tranquil ravine setting, this residence offers a contemporary ambiance with newer flooring, making it entirely carpet-free. Enjoy the convenience of in-suite laundry, central air, and a wealth of natural light through numerous windows. The unit encompasses two full 4-piece baths. Adding to its allure, the property includes a storage unit and underground parking for your convenience. The Regency building itself is a haven of amenities, featuring an indoor inground pool, hot tub, sauna, fitness room, library, and a stylish party room. The exterior is adorned with mature trees and a rear patio with a BBQ area, providing a perfect backdrop for gatherings during warmer months. One underground parking space, and a dedicated locker for your storage needs.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-11-23 2020-12-07 14 $1,990 - Terminated
2020-10-01 2020-10-28 27 $337,000 $327,000 Sold
2020-06-10 2020-07-22 42 $337,900 - Terminated
Extras
Situated only minutes away from the Highways/Expressways, the Hospital, and Chicopee Park, this corner unit is not only aesthetically pleasing but also strategically located. Bonus - On-site Superintendent.
Property Features
Hospital, Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$1,927 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
Prim BdrmMain10.17' x 14.40'4 Pc Ensuite
2nd BrMain16.40' x 14.24'
KitchenMain8.07' x 7.74'
DiningMain6.59' x 7.74'
LivingMain15.68' x 13.16'
LaundryMain6.99' x 4.99'
Kitchener Market Statistics
Kitchener Price Trend
3227 King St E 503 is a 2-bedroom 2-bathroom condo listed for sale at $520,000, which is $90,000 (20.9%) higher than the average sold price of $430,000 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $5,000 (1.2%) compared to the previous 30 day period (February 27 - March 27) and down $108,000 (20.1%) from the same time one year ago.
Inventory Change
There were 16 2-bedroom condos listed in Kitchener over the last 30 days (March 28 - April 26), which is down 5.9% compared with the previous 30 day period (February 27 - March 27) and up 60.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($14,000) (3.3%) below asking price over the last 30 days (March 28 - April 26), which represents a $1,100 decrease compared to the previous 30 day period (February 27 - March 27) and ($23,632) 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 (March 28 - April 26) stood at 68.8%, down from 76.5% over the previous 30 days (February 27 - March 27) and down from 130.0% 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 26 days when successfully sold over the last 30 days (March 28 - April 26), compared to 83 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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