539 Belmont Ave W 1004
Kitchener, N2M 0A2
FOR SALE
$599,900

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Property Description
Stunning two bedroom 2 bathroom condo, steps to the shops and cafes of Belmont Village! Open concept design, beautifully updated. Sparkling bright white kitchen with granite countertops and stainless appliances. Gorgeous living/dining room with hardwood floors and tray ceiling. Walk-out to lovely balcony with a great view--enjoy evening sunsets while you relax after a long day. Spacious primary bedroom with large closet and modern ensuite bathroom. Second bedroom is also a great size, and would make a perfect home office with a great view. Convenient in-suite laundry. OVERSIZE underground parking is included - can easily fit your truck, and a motorcycle too! A modern, well-maintained building with a ton of amenities including: exercise room, movie theatre, library, games room, kitchen, party room for family gatherings, outdoor patio, and guest suite for overnight guests. Prime location, close to Catalyst 137 and Graffiti Market, lovely Iron Horse Trail system, Uptown Waterloo, Westmount Golf and Country Club, Victoria Park, and Communitech Tech Hub. Immaculately maintained, wonderful opportunity for downsizers, young professionals, investors, or anyone who wants condo living at its finest, with great amenities close by! Your condo lifestyle awaits!
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Property Features
Golf, Hospital, Park, Public Transit, Rec Centre
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Property Details
Street
City
Property Type
Condo Apt
Approximate Sq.Ft.
1000-1199
Taxes
$3,768 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive (A)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 11.29' x 12.34' | |
Kitchen | Main | 9.45' x 12.47' | |
Dining | Main | 7.25' x 11.29' | |
Prim Bdrm | Main | 11.19' x 19.32' | |
Br | Main | 9.88' x 12.20' | |
Foyer | Main | 6.14' x 9.02' |
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Kitchener Market Statistics
Kitchener Price Trend
539 Belmont Ave W 1004 is a 2-bedroom 2-bathroom condo listed for sale at $599,900, which is $181,400 (43.3%) higher than the average sold price of $418,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $14,000 (3.2%) compared to the previous 30 day period (December 22 - January 20) and up $282,750 (208.3%) from the same time one year ago.Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.9% compared with the previous 30 day period (December 22 - January 20) and up 210.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,501 decrease compared to the previous 30 day period (December 22 - January 20) and ($1,900) 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 condos in Kitchener over the last 30 days (January 21 - February 19) stood at 12.9%, down from 18.2% over the previous 30 days (December 22 - January 20) and down from 540.0% 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 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 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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