55 Duke St W 508
Kitchener, N2H 0C9
FOR SALE
$549,900
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BEDROOMS3
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Property Description
2 Bedrm + 2 Bathroom 1163 Square Feet! Brand New Young Condos In The Soul Of Downtown Kitchener. Individual Piece Is Maintained With Secure Entrance And Excellent Service . The Building Offers Plethora Of Amenities Including Car Wash Bay, 3rd Floor Sunbathing Terrace, Fitness Room, Indoor Stoller Storage, 5th Floor Terrace With Bbq's, Amazing Running Track On Rooftop, Storage For Bikes, Dog Run And Station For Pet Washing . This 5th Floor Magnificent Unit Is Furnished With High Ceilings, Ss Appliances, Tile And Plank Laminate Flooring Is Present. Moreover, Led Lightning And Granite Countertops Is Also Included. This Unit Features an amazing 577 sq ft Terrace private, Ss Appliances, Stove, Dishwasher, Microwave , Fridge. Moreover, Shopping Complex, Stunning Restaurants, Bars And Parks Are Present Within The Walking Distance
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Property Features
Hospital, Library, Park, Public Transit, Terraced
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,155 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (Level C Unit 73)
Garage Type
Underground
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Kitchener Market Statistics
Kitchener Price Trend
55 Duke St W 508 is a 2-bedroom 3-bathroom condo listed for sale at $549,900, which is $131,400 (31.4%) 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 3-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 Newgen Realty Experts
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