60 Frederick St 2501
Kitchener, N2H 0C7
FOR SALE
$358,000
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Property Description
The tallest and new (2 years old) condo in Kitchener central downtown, Steps away from Conestoga College and the LRT, Boasts breathtaking East Views from the 25th floor. Modern amenities and smart living with a Digital Door Locking system, Smart Home Thermostat, Smart Lighting, Blazing-fast Gigabit Rogers. Bike Storage, Concierge, Exercise Room, Yoga Studio, Rooftop Terrace with dog mini-park.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-03 | 2024-12-17 | 75 | $358,000 | - | Terminated |
| 2023-03-01 | 2023-04-23 | 52 | $1,700 | $1,700 | Leased |
Extras
1 Bedroom, 1 Bathroom, and 1 Locker.
Property Features
Clear View, Hospital, Library, Public Transit
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,495 (2024)
Basement
None
Exterior
Concrete
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 |
|---|---|---|---|
| Dining | Flat | 10.70' x 8.69' | Combined W/Kitchen, Laminate |
| Living | Flat | 9.61' x 11.38' | East View, Window Flr to Ceil, Laminate |
| Kitchen | Flat | 10.70' x 8.69' | Combined W/Dining, Open Concept, Modern Kitchen |
| Prim Bdrm | Flat | 8.30' x 10.10' | East View, Laminate, Closet |
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Kitchener Market Statistics
Kitchener Price Trend
60 Frederick St 2501 is a 1-bedroom 1-bathroom condo listed for sale at $358,000, which is $16,285 (4.4%) lower than the average sold price of $374,285 in the last 30 days (November 21 - December 20). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $31,465 (7.8%) compared to the previous 30 day period (October 22 - November 20) and down $33,840 (8.3%) from the same time one year ago.Inventory Change
There were 20 1-bedroom condos listed in Kitchener over the last 30 days (November 21 - December 20), which is down 16.7% compared with the previous 30 day period (October 22 - November 20) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($5,357) (1.4%) below asking price over the last 30 days (November 21 - December 20), which represents a $2,793 increase compared to the previous 30 day period (October 22 - November 20) and $6,425 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 (November 21 - December 20) stood at 70.0%, up from 33.3% over the previous 30 days (October 22 - November 20) and down from 80.0% 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 19 days when successfully sold over the last 30 days (November 21 - December 20), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 New Concept
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