$429,900 - 1 Victoria Street Unit 1113, Kitchener
Condo for Sale in Kitchener
109 days on market- MLS Number
- X12744322
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE WOLLE REALTY
Luxury living in the heart of Kitchener's Innovation District in a bright and modern 2 bedroom condo. This corner unit has NE exposure and gorgeous unobstructed views from the floor-to-ceiling windows and balcony. The modern and open-concept design is both stylish and flexible, allowing the space to be adjusted to fit your needs. The contemporary kitchen is equipped with quartz countertops, bar seating, stainless steel appliances (dishwasher 2024) and RO system (2024). Enjoy an ample primary bedroom with his and hers closets, a generous bathroom with double vanities, in-suite laundry and a foyer with storage. This condo includes one underground parking space (additional spaces available for rent), a secure storage locker and visitor parking. The condo fee includes most of your utilities as well as subsidized internet. Residents enjoy access to premium amenities including a fitness centre, theatre/media room, party lounge, and rooftop terrace lounge. Located in the heart of Downtown Kitchener, you're just steps away from Google headquarters, the Kitchener GO Station with 7-day service to Toronto, VIA Rail and public transit. You are also walking distance to the University Of Waterloo School of Pharmacy and the Health Sciences Campus, making this a prime spot for professionals and students. This is a highly walkable location surrounded by restaurants, cafes, green spaces, and nightlife. This is a fantastic opportunity for professionals, investors or students looking to enjoy a turnkey lifestyle and live in a vibrant and connected community.
Estimate your monthly payments for this property
Estimated Payment
$2,205.61/mo
Includes CMHC insurance ($11,994)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Kitchener
Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Kitchener
- •Convenient location in Kitchener
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Victoria Street Unit 1113, Kitchener
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $614/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 109 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.