60 Frederick St 3302
Kitchener, N2H 0C7
FOR SALE
$499,000
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Property Description
Check out this beautiful unit at the DTK condos in Downtown Kitchener with stunning views of Downtown Kitchener. Featuring 2 Bedrooms & 2 Full Bathrooms with a large open concept kitchen, living area and a dining area! Bright home with lots of natural light. This unit comes with 1 underground parking spot Just a few steps from the Light Rail Transit and bus systems/routes! Easy Commute To University of Waterloo & Wilfred Laurier, and across the street from Conestoga College downtown campus. Building Amenities Include 24-Hour Concierge, Party Room W/ Kitchen, Roof-Top Terr W/ BBQ's, Garden Terrace, and Fitness Centre.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-02-14 | 2023-02-22 | 10 | $2,600 | $2,400 | Leased |
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Property Details
Street
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
600-699
Taxes
$3,600 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Kitchener Market Statistics
Kitchener Price Trend
60 Frederick St 3302 is a 2-bedroom 3-bathroom condo listed for sale at $499,000, which is $80,500 (19.2%) higher than the average sold price of $418,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $14,000 (3.2%) compared to the previous 30 day period (December 22 - January 20) and up $282,750 (208.3%) from the same time one year ago.Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.9% compared with the previous 30 day period (December 22 - January 20) and up 210.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,501 decrease compared to the previous 30 day period (December 22 - January 20) and ($1,900) 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 (January 21 - February 19) stood at 12.9%, down from 18.2% over the previous 30 days (December 22 - January 20) and down from 540.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Kitchener stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Silvercity Realty Inc.
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