5 Wellington St S 407

Kitchener, N2G 1C7
FOR SALE
$470,000
5 Wellington St S 407, Kitchener
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
5 Wellington St S 407
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Property Description
This modern 1 Bedroom + Den Condo is located at the Station Park Towers, one of Waterloo Region's newest and finest Condo buildings in the heart of the KW Downtown Tech and Innovation District! This beautiful Condo features a modern Kitchen with quartz counters, backsplash, and stainless steel appliances; an Open Concept Living/Dining area with a sliding glass door to your expansive 255 sq. ft. private north-facing Terrace, the perfect outdoor retreat to entertain your guests or unwind after a busy day; one (1) Bedroom with north-facing windows, providing lots of natural light; a Den that is perfect for a Home Office; a full 4-pce Bathroom; and in-suite Laundry. As a resident of this exclusive Condo building, you'll have access to a plethora of top-notch amenities designed to enhance your lifestyle, such as a Bowling Alley Lounge, Yoga/Pilates/Peloton Studio, Gym, Swim Spa, Pet Washing Station, Private Dining Room with Kitchen, Premier Lounge Area, and Outdoor Terrace with BBQ's.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-02-08 2024-04-22 74 $475,000 - Terminated
2023-11-30 2024-01-29 60 $479,900 - Terminated
2023-11-08 2024-01-29 82 $2,300 - Terminated
2023-11-03 2023-11-30 27 $509,000 - Terminated
2023-07-04 2023-10-31 119 $509,000 - Expired
Extras
Includes 1 underground parking pass, 1 Locker for additional storage, and is located close to the ION Light Rail Transit, Go Train, Google, Grand River Hospital, Victoria Park, and lots of shops & restaurants that Downtown Kitchener offers.
Property Features
Electric Car Charger, Hospital, Park, Place Of Worship, Public Transit, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Brick, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
KitchenMain10.50' x 9.32'
LivingMain10.50' x 10.01'
Prim BdrmMain9.51' x 11.32'
DenMain6.33' x 6.00'
Kitchener Market Statistics
Kitchener Price Trend
5 Wellington St S 407 is a 1-bedroom 1-bathroom condo listed for sale at $470,000, which is $103,318 (28.2%) higher than the average sold price of $366,682 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $13,246 (3.5%) compared to the previous 30 day period (March 4 - April 2) and down $83,318 (18.5%) from the same time one year ago.
Inventory Change
There were 43 1-bedroom condos listed in Kitchener over the last 30 days (April 3 - May 2), which is up 72.0% compared with the previous 30 day period (March 4 - April 2) and up 152.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($8,888) (2.4%) below asking price over the last 30 days (April 3 - May 2), which represents a $1,825 increase compared to the previous 30 day period (March 4 - April 2) and ($5,000) 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 (April 3 - May 2) stood at 41.9%, down from 56.0% over the previous 30 days (March 4 - April 2) and down from 76.5% 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 31 days when successfully sold over the last 30 days (April 3 - May 2), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Wolle Realty
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