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 |
|---|---|---|---|---|---|
| 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 $5,000 (1.4%) higher than the average sold price of $353,000 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $64,500 (15.4%) compared to the previous 30 day period (September 1 - September 30) and down $74,222 (17.4%) from the same time one year ago.Inventory Change
There were 30 1-bedroom condos listed in Kitchener over the last 30 days (October 1 - October 30), which is up 50.0% compared with the previous 30 day period (September 1 - September 30) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($6,900) (2.0%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,000 increase compared to the previous 30 day period (September 1 - September 30) and ($10,183) more 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 1 - October 30) stood at 23.3%, down from 25.0% over the previous 30 days (September 1 - September 30) and down from 66.7% 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 40 days when successfully sold over the last 30 days (October 1 - October 30), compared to 89 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage New Concept
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