60 Frederick St 3506
Kitchener, N2H 0C7
FOR SALE
$420,000
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BEDROOMS1
BATHROOMS1
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Property Description
Luxurious and upgraded one bedroom + den suite overlooking the world from the 35th floor of this stunning downtown Kitchener condominium building. The open concept unit features stainless steel appliances, quartz countertops, premium flooring, in-suite laundry, private storage locker, smart tech package (smart door, lighting and thermostat) and floor-to-ceiling windows with enviable views. DTK Condos is not just a home but a welcoming lifestyle. The building offers amenities such as rooftop resident terrace, executive fitness centre, communal garden terrace, concierge, visitor parking, and more. Located within walking distance to retail shops, public transit, bike paths, restaurants, and all your needs. Just minutes to Wilfred Laurier University, Waterloo University and the UW Technology Park.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,176 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Kitchener Market Statistics
Kitchener Price Trend
60 Frederick St 3506 is a 1-bedroom 1-bathroom condo listed for sale at $420,000, which is $56,748 (15.6%) higher than the average sold price of $363,252 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $20,055 (5.2%) compared to the previous 30 day period (February 27 - March 27) and down $86,748 (19.3%) from the same time one year ago.Inventory Change
There were 39 1-bedroom condos listed in Kitchener over the last 30 days (March 28 - April 26), which is up 39.3% compared with the previous 30 day period (February 27 - March 27) and up 105.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($8,947) (2.5%) below asking price over the last 30 days (March 28 - April 26), which represents a $6,301 decrease compared to the previous 30 day period (February 27 - March 27) and ($9,000) 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 (March 28 - April 26) stood at 48.7%, up from 46.4% over the previous 30 days (February 27 - March 27) 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 28 - April 26), compared to 54 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group Quantum Realty Inc.
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