15 Hofstetter Avenue Unit 205, Kitchener

Price: $285,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X12821390

SELLER TO CREDIT BUYER WITH 6 MONTHS OF CONDO FEES ON CLOSING! Welcome to your next chapter in the heart of Chicopee! This BEAUTIFULLY MAINTAINED 2-bedroom, 2-bath condo offers 841 sq ft of stylish, CARPET-FREE living in one of Kitchener's most desirable locations. Tucked quietly at the back of the building, your PRIVATE BALCONY overlooks mature trees, the perfect peaceful escape after a long day. Inside, the bright open-concept living & dining area invites you to relax by the cozy wood-burning fireplace or step out to the updated balcony & unwind. The kitchen shines with STAINLESS STEEL APPLIANCES, including a brand NEW DISHWASHER, plus a bonus PANTRY for extra storage, because you can never have too much storage! The spacious primary bedroom features DOUBLE CLOSETS & its own private ENSUITE, while the second bedroom & full bath offer flexibility for guests, a home office, or growing families. Even better? The entire unit has been FRESHLY PAINTED and major 2025 exterior upgrades include NEW WINDOWS, BALCONY, BALCONY DOOR, SCREEN DOOR, & NEW SIDING, with the remaining exterior improvements scheduled for completion in April 2026. Laundry on every floor makes life easy, & you'll love the convenient access to your EXCLUSIVE PARKING SPOT. Take the elevator down the hall or simply step outside the unit & head one flight down to ground level. Enjoy secure building entry & a Party Room for entertaining friends & family. Location truly sets this home apart, just MINUTES FROM CHICOPEE for both winter & summer sports & activities, plus shopping, dining, & highway access. Whether you're a FIRST-TIME BUYER, DOWNSIZER OR INVESTOR, this is an opportunity you won't want to miss. MOVE-IN READY. PEACEFULL SETTING. FANTASTIC LOCATION. Book your private showing today!

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$285,000 - 15 Hofstetter Avenue Unit 205, Kitchener

Condo for Sale in Kitchener

114 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X12821390
Property Type
Condo
Status
active
Days on Site
114
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

SELLER TO CREDIT BUYER WITH 6 MONTHS OF CONDO FEES ON CLOSING! Welcome to your next chapter in the heart of Chicopee! This BEAUTIFULLY MAINTAINED 2-bedroom, 2-bath condo offers 841 sq ft of stylish, CARPET-FREE living in one of Kitchener's most desirable locations. Tucked quietly at the back of the building, your PRIVATE BALCONY overlooks mature trees, the perfect peaceful escape after a long day. Inside, the bright open-concept living & dining area invites you to relax by the cozy wood-burning fireplace or step out to the updated balcony & unwind. The kitchen shines with STAINLESS STEEL APPLIANCES, including a brand NEW DISHWASHER, plus a bonus PANTRY for extra storage, because you can never have too much storage! The spacious primary bedroom features DOUBLE CLOSETS & its own private ENSUITE, while the second bedroom & full bath offer flexibility for guests, a home office, or growing families. Even better? The entire unit has been FRESHLY PAINTED and major 2025 exterior upgrades include NEW WINDOWS, BALCONY, BALCONY DOOR, SCREEN DOOR, & NEW SIDING, with the remaining exterior improvements scheduled for completion in April 2026. Laundry on every floor makes life easy, & you'll love the convenient access to your EXCLUSIVE PARKING SPOT. Take the elevator down the hall or simply step outside the unit & head one flight down to ground level. Enjoy secure building entry & a Party Room for entertaining friends & family. Location truly sets this home apart, just MINUTES FROM CHICOPEE for both winter & summer sports & activities, plus shopping, dining, & highway access. Whether you're a FIRST-TIME BUYER, DOWNSIZER OR INVESTOR, this is an opportunity you won't want to miss. MOVE-IN READY. PEACEFULL SETTING. FANTASTIC LOCATION. Book your private showing today!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,462.20/mo

Includes CMHC insurance ($7,952)

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5-yr fixed avg.

Principal: $256,500Interest: $174,208
Mortgage Amount$264,452
Total Interest$174,208
Est. Property Tax$202/mo
Total Cost$438,659

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.

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Neighbourhood Guide: Kitchener

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

15 Hofstetter Avenue Unit 205, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
6.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$202
Insurance (est.)-$59
Net Cash Flow+$1,419

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $356/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 114 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 800 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.

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    15 Hofstetter Avenue Unit 205, Kitchener | $285,000 | Battaglia Team