$575,000 - 15 Wellington Street Unit 2402, Kitchener
Condo for Sale in Kitchener
32 days on market- MLS Number
- X13118552
- Property Type
- Condo
- Status
- active
- Days on Site
- 32
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Kitchener
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Keller Williams Home Group Realty
Experience the height of urban elegance at unit 2402, an exceptionally curated 24th-floor corner residence that blends sophisticated aesthetic appeal with a level of utility virtually non-existent in the downtown core. This "unique" listing is specifically designed to solve the two most persistent challenges of condo living-restricted parking and inadequate storage-featuring two owned parking spots (with access to EV charging stations) and two side by side private lockers. This rare combination allows you to live comfortably today while ensuring the unit holds its value tomorrow. Perched high above the city, the home offers a front-row seat to spectacular sunrises and breathtaking, unobstructed views of the Kitchener skyline through wrap-around, floor-to-ceiling windows. The interior is defined by over $20,000 in premium upgrades, including a signature Caesarstone kitchen island with seating for two, upgraded stainless steel appliances by Blomberg and Fulgor Milano, premium wide-plank flooring, soft-close cabinetry, custom remote controlled blinds and an enhanced pot light package. Resident lifestyle is elevated by an extensive array of world-class amenities-far too many to list in full-but featured highlights include a Peloton studio, bowling alley, aqua spa and hot tub, fitness centre, sauna, and co-working stations, alongside a dog wash and kids' playground. The experience continues outdoors with an additional SkyDeck gym, yoga deck, and a landscaped terrace featuring private cabanas and BBQs, with a future-planned outdoor skating rink and amphitheater. Located steps from Google and the GO Train, this suite represents a premier investment in a high-demand asset class that offers more beauty, more freedom, and more long-term security than any other unit in the building.
Estimate your monthly payments for this property
Estimated Payment
$2,950.05/mo
Includes CMHC insurance ($16,043)
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.
15 Wellington Street Unit 2402, Kitchener
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Rental income estimator & ROI calculator
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
Fair Market Value
At $821/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 32 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.