55 Duke St W 421
Kitchener, N2H 0C9
FOR SALE
$804,990
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Property Description
Discover contemporary urban living at its finest in this stunning condo located at 421-55 Duke St W, Kitchener. Situated in the heart of Kitchener's vibrant downtown core with 686 sq.ft of outdoor space, this residence offers not only convenience but also an unparalleled indoor/outdoor living experience. Upon entering, you are greeted by an open-concept layout enhanced by high ceilings with a smooth painted finish and engineered oak flooring. The living space is bathed in natural light, thanks to large windows that also provide picturesque views of the surrounding cityscape. The kitchen features upgraded appliances including agas stove and chimney style hood, complemented by stone countertops and an undermount sink. The kitchen island boasts convenient pots & pans drawers, ideal for culinary enthusiasts. Adjacent to the kitchen is a cozy dining area, perfect for intimate meals or entertaining guests. The unit includes desirable amenities such as a powder room for guests' convenience, as well as a main bath and ensuite bath adorned with 12 x 24 floor tiles and modern fixtures. For added comfort, each suite is equipped with a heat pump for individually controlled heating and cooling, ensuring year-round comfort and efficiency. The energy-efficient all-off switch allows for effortless management of power consumption. The upper level is where you'll find spacious bedrooms with ample closet space. This condo offers not only a luxurious living space but also the unparalleled convenience of a BBQ line on the main floor balcony and being steps away from Kitchener's finest restaurants, shops, and entertainment venues. Additionally, this unit comes with 2 lockers and 2 parking spots! Don't miss out on the opportunity to own this exceptional property that combines style and functionality in the heart of Kitchener. Schedule your private tour today and experience urban living at its finest.
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Property Features
Arts Centre, Hospital, Rec Centre
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$4,327 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 10.07' x 10.07' | |
Living | Main | 12.93' x 10.24' | |
Kitchen | Main | 15.85' x 11.75' |
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Kitchener Market Statistics
Kitchener Price Trend
55 Duke St W 421 is a 1-bedroom 1-bathroom condo listed for sale at $804,990, which is $374,990 (87.2%) higher than the average sold price of $430,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $57,000 (15.3%) compared to the previous 30 day period (September 27 - October 26) and up $7,500 (1.8%) from the same time one year ago.Inventory Change
There were 17 1-bedroom condos listed in Kitchener over the last 30 days (October 27 - November 25), which is down 45.2% compared with the previous 30 day period (September 27 - October 26) and down 15.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($7,900) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $4,450 decrease compared to the previous 30 day period (September 27 - October 26) and $5,100 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 27 - November 25) stood at 41.2%, up from 19.4% over the previous 30 days (September 27 - October 26) and down from 50.0% 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 18 days when successfully sold over the last 30 days (October 27 - November 25), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Corcoran Horizon Realty
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