60 Frederick St 1307
Kitchener, N2H 0C7
FOR SALE
$490,000
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Property Description
Discover your dream home at the heart of Downtown Kitchener! This chic 2-bedroom, 2-bathroom condo offers stunning city views and a spacious open-concept layout perfect for entertaining. The bright living, kitchen, and dining areas are flooded with natural light, creating an inviting atmosphere. With the Light Rail Transit and bus routes just steps away, commuting to the University of Waterloo, Wilfrid Laurier University, and Conestoga Colleges downtown campus is a breeze. Amazing building amenities include a 24-hour concierge, a party room with a kitchen, a rooftop terrace with BBQs, a garden terrace, and a fitness center. Experience the best of urban living at DTK Condos where convenience meets style.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-26 | 2024-11-13 | 19 | $449,000 | $390,000 | Sold |
| 2024-05-26 | 2024-07-28 | 63 | $549,000 | - | Terminated |
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$1,576 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 10.93' | |
| Living | Main | 10.76' x 9.68' | |
| Prim Bdrm | Main | 12.60' x 9.68' | |
| Br | Main | 12.01' x 8.99' |
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Kitchener Market Statistics
Kitchener Price Trend
60 Frederick St 1307 is a 2-bedroom 2-bathroom condo listed for sale at $490,000, which is $45,000 (10.1%) higher than the average sold price of $445,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $50,100 (12.7%) compared to the previous 30 day period (September 27 - October 26) and up $105,000 (30.9%) from the same time one year ago.Inventory Change
There were 22 2-bedroom condos listed in Kitchener over the last 30 days (October 27 - November 25), which is down 33.3% compared with the previous 30 day period (September 27 - October 26) and up 83.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($4,900) (1.1%) below asking price over the last 30 days (October 27 - November 25), which represents a $0 decrease compared to the previous 30 day period (September 27 - October 26) and ($4,900) 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 (October 27 - November 25) stood at 50.0%, up from 39.4% over the previous 30 days (September 27 - October 26) and up from 25.0% 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 19 days when successfully sold over the last 30 days (October 27 - November 25), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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