489 EAST Ave A
Kitchener, N2H 1Z7
FOR SALE
$349,900
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Property Description
This convenient one-bedroom condo is ideal for easy living. The unit offers features like upgraded porcelain and laminate flooring, along with classic shaker-style cabinets in both the kitchen and bathroom. The ground-floor location provides easy access, including for those with mobility needs. Enjoy the convenience of nearby transportation, shopping, and an auditorium, plus the added benefit of a parking space right outside your door. Perfect for a starter home or a comfortable retirement residence.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-05-31 | 2024-07-30 | 61 | $359,000 | - | Expired |
| 2023-04-01 | 2023-05-18 | 47 | $449,900 | - | Terminated |
| 2023-02-15 | 2023-03-31 | 44 | $475,000 | - | Terminated |
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Property Details
Street
City
Property Type
Condo Apt, Stacked Townhse
Approximate Sq.Ft.
500-599
Taxes
$2,330 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 11.25' x 11.58' | |
| Kitchen | Main | 9.74' x 11.32' | |
| Living | Main | 11.91' x 15.32' | |
| Bathroom | Main | 6.40' x 7.97' |
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Kitchener Market Statistics
Kitchener Price Trend
489 EAST Ave A is a 1-bedroom 1-bathroom condo listed for sale at $349,900, which is $82,600 (19.1%) lower than the average sold price of $432,500 in the last 30 days (October 30 - November 28). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $79,500 (22.5%) compared to the previous 30 day period (September 30 - October 29) and up $28,612 (7.1%) from the same time one year ago.Inventory Change
There were 23 1-bedroom condos listed in Kitchener over the last 30 days (October 30 - November 28), which is down 23.3% compared with the previous 30 day period (September 30 - October 29) and up 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($7,761) (1.8%) below asking price over the last 30 days (October 30 - November 28), which represents a $861 decrease compared to the previous 30 day period (September 30 - October 29) and $5,200 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 1-bedroom condos in Kitchener over the last 30 days (October 30 - November 28) stood at 26.1%, up from 23.3% over the previous 30 days (September 30 - October 29) and down from 42.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Kitchener stood at 17 days when successfully sold over the last 30 days (October 30 - November 28), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Wolle Realty
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