60 Frederick St 3514
Kitchener, N2H 2L7
FOR SALE
$519,000
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Property Description
Wow Must See this luxury living in the heart of the city! offering breathtaking views (35th floor like Penthouse ) and unbeatable location ! This luxury unit have 2 bedrooms, 2 full bathrooms and a bright open-concept layout with stainless steel appliances. Experience the modern building boast a range of premium amenities : a welcome concierge, secure entry, patio, yoga studio , gym, party room for your entertaining needs, and convenience of intelligent home functions such as smart door lock, thermostat etc. This unit also includes an underground private parking spot . Conveniently located with access to the ION LRT and GRT bus stops at your doorstep and minutes to Conestoga College, GO Station, University Of Waterloo, Wilfred Laurier University and many more. Book your showing today, This property is not to be missed.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,437 (2024)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
None
Garage Type
None
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Kitchener Market Statistics
Kitchener Price Trend
60 Frederick St 3514 is a 2-bedroom 2-bathroom condo listed for sale at $519,000, which is $100,500 (24.0%) higher than the average sold price of $418,500 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener increased by $67,600 (19.3%) compared to the previous 30 day period (December 20 - January 18) and up $282,500 (207.7%) from the same time one year ago.Inventory Change
There were 32 2-bedroom condos listed in Kitchener over the last 30 days (January 19 - February 17), which is up 52.4% compared with the previous 30 day period (December 20 - January 18) and up 255.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 19 - February 17), which represents a $3,450 decrease compared to the previous 30 day period (December 20 - January 18) 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 19 - February 17) stood at 12.5%, down from 138.1% over the previous 30 days (December 20 - January 18) and down from 611.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Kitchener stood at 44 days when successfully sold over the last 30 days (January 19 - February 17), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Property Zone Realty Inc.
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