60 Frederick St 2501

Kitchener, N2H 0C7
FOR SALE
$358,000
60 Frederick St 2501, Kitchener
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
60 Frederick St 2501
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X9380818
MLSID
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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.
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
Property Details
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
Room Summary
RoomLevelSizeFeatures
DiningFlat10.70' x 8.69'Combined W/Kitchen, Laminate
LivingFlat9.61' x 11.38'East View, Window Flr to Ceil, Laminate
KitchenFlat10.70' x 8.69'Combined W/Dining, Open Concept, Modern Kitchen
Prim BdrmFlat8.30' x 10.10'East View, Laminate, Closet
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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