489 East Ave B
Kitchener, N2H 0A8
FOR SALE
$539,900
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BEDROOMS2
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Property Description
Welcome to 489-B East Ave in Kitchener, where you will find an exceptional 3-bedroom, 2-bath unit featuring a unique layout and high-quality materials. This property is distinguished by its superior finishes, and convenient location, setting a new standard for modern living. As you enter, you will encounter a home that seamlessly blends style and functionality. The living room boasts contemporary laminate flooring and modern, high-quality finishes. The kitchen is equipped with sleek stainless steel appliances, creating a clean, contemporary ambiance, complemented by an elegant backsplash. The main bedroom offers a peaceful retreat with generous closet space and easy access to a well-appointed bathroom. The 2nd and 3rd bedroom provides flexibility for family or guests. Both bathrooms feature modern fixtures and finishes, reflecting the homes overall theme of quality and style. The design is not only visually appealing but also practical, featuring thoughtful details that enhance daily living. The area offers convenient access to local amenities, including shops, restaurants, parks, and schools, making it an ideal residence for young professionals, growing families, or those seeking to downsize without compromising on quality. This home effortlessly combines comfort, style, and convenience to cater to a variety of lifestyle needs. New Flooring installed on the main floor.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-26 | 2024-10-07 | 42 | $579,900 | - | Terminated |
| 2024-08-26 | 2024-10-03 | 38 | $579,900 | - | Suspended |
| 2024-07-04 | 2024-08-08 | 37 | $579,900 | - | Suspended |
| 2022-04-21 | 2022-04-30 | 9 | $398,800 | $552,000 | Sold |
| 2022-04-12 | 2022-04-21 | 9 | $598,800 | - | Terminated |
| 2021-05-07 | 2021-06-10 | 34 | $369,000 | $415,000 | Sold |
Property Features
Arts Centre, Golf, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1400-1599
Taxes
$2,838 (2024)
Basement
None
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Common
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Bathroom | 2nd | 4.27' x 5.68' | 2 Pc Bath |
| Br | 2nd | 12.07' x 14.50' | |
| Kitchen | 2nd | 14.17' x 9.91' | |
| Living | 2nd | 21.75' x 11.84' | |
| Prim Bdrm | 3rd | 14.99' x 19.32' | W/I Closet |
| Br | 3rd | 12.76' x 11.91' | |
| Bathroom | 3rd | 6.50' x 8.23' | 4 Pc Bath |
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Kitchener Market Statistics
Kitchener Price Trend
489 East Ave B is a 2-bedroom 2-bathroom townhome listed for sale at $539,900, which is $36,600 (6.3%) lower than the average sold price of $576,500 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 2 bedroom townhome in Kitchener increased by $65,940 (12.9%) compared to the previous 30 day period (September 1 - September 30) and down $65,900 (10.3%) from the same time one year ago.Inventory Change
There were 22 2-bedroom townhomes listed in Kitchener over the last 30 days (October 1 - October 30), which is up 15.8% compared with the previous 30 day period (September 1 - September 30) and up 22.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Kitchener typically sold ($4,500) (0.8%) below asking price over the last 30 days (October 1 - October 30), which represents a $29,920 decrease compared to the previous 30 day period (September 1 - September 30) and $4,014 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 townhomes in Kitchener over the last 30 days (October 1 - October 30) stood at 45.5%, up from 26.3% over the previous 30 days (September 1 - September 30) and up from 38.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Kitchener stood at 27 days when successfully sold over the last 30 days (October 1 - October 30), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Broker Ontario Ltd
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