60 Frederick St 2103

Kitchener, N2H 0C7
FOR SALE
$415,000
60 Frederick St 2103, Kitchener
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
60 Frederick St 2103
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
X8211266
MLSID
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Property Description
DTK Condos - Freshly Built *1-YEAR-OLD* 1 Bedroom + Den, 1 Bathroom. The Tallest Tower In The City Soaring 39 Stories High, Offers Breathtaking Panoramic Views. Positioned in the Central Hub of Downtown Kitchener, Contemporary Open-Concept Kitchen W/Integrated Appliances, Elevated Ceilings, Oversized Windows, In-Unit Laundry. Equipped with Intelligent Technology Features, Rooftop Terrace, and Fitness Center. Pre-Wired High- Speed Internet. Conveniently Close to GO Train/Public Transportation/University Of Waterloo/Wilfrid Laurier University/Conestoga College/Google Office.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-28 2024-03-15 47 $443,000 - Suspended
Extras
Excellent Rental Income, Low Maintenance Fee, Superb Tenant Source.
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,715 (2023)
Basement
None
Exterior
Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Kitchener Market Statistics
Kitchener Price Trend
60 Frederick St 2103 is a 1-bedroom 1-bathroom condo listed for sale at $415,000, which is $52,058 (14.3%) higher than the average sold price of $362,942 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $20,694 (5.4%) compared to the previous 30 day period (March 1 - March 30) and down $87,058 (19.3%) from the same time one year ago.
Inventory Change
There were 40 1-bedroom condos listed in Kitchener over the last 30 days (March 31 - April 29), which is up 48.1% compared with the previous 30 day period (March 1 - March 30) and up 110.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($9,046) (2.5%) below asking price over the last 30 days (March 31 - April 29), which represents a $6,137 decrease compared to the previous 30 day period (March 1 - March 30) 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 (March 31 - April 29) stood at 52.5%, up from 40.7% over the previous 30 days (March 1 - March 30) and down from 57.9% 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 32 days when successfully sold over the last 30 days (March 31 - April 29), compared to 43 days before being removed from the market upon being suspended or terminated.
Listing contracted with First Class Realty Inc.
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