155 Thomas Slee Drive Unit 2G, Kitchener

Price: $419,600

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13124208

Step into this bright and modern ground-floor unit in the heart of Kitchener, offering over 1,000 sq ft of thoughtfully designed living space. Features include high ceilings, laminate flooring throughout, and a functional 2-bedroom, 2-bathroom layout.The spacious open-concept living, dining, and kitchen area flows seamlessly into a modern kitchen featuring light cabinetry, stainless steel appliances, a stylish backsplash, a large island with breakfast bar, and ample cabinetry, along with a large pantry closet for exceptional storage. Both bathrooms include upgraded flooring, raised sinks, and modern faucets, while the primary ensuite boasts beautifully upgraded tile work in the shower. The primary bedroom also features a large walk-in closet.The entire home was repainted two years ago, contributing to its move-in-ready feel. Additional features include an air handler installed last year (valued at over $6,000), a water softener, ensuite laundry and an abundance of closet space throughout. Enjoy the convenience of included parking, along with ample visitor parking for guests. Located in a desirable and growing Kitchener neighbourhood, you're just minutes from parks, shopping, transit, trails and major commuter routes-making this an ideal option for first-time buyers, downsizers, or investors alike.

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$419,600 - 155 Thomas Slee Drive Unit 2G, Kitchener

Condo for Sale in Kitchener

36 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13124208
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
Royal Lepage Real Estate Associates
Description

Step into this bright and modern ground-floor unit in the heart of Kitchener, offering over 1,000 sq ft of thoughtfully designed living space. Features include high ceilings, laminate flooring throughout, and a functional 2-bedroom, 2-bathroom layout.The spacious open-concept living, dining, and kitchen area flows seamlessly into a modern kitchen featuring light cabinetry, stainless steel appliances, a stylish backsplash, a large island with breakfast bar, and ample cabinetry, along with a large pantry closet for exceptional storage. Both bathrooms include upgraded flooring, raised sinks, and modern faucets, while the primary ensuite boasts beautifully upgraded tile work in the shower. The primary bedroom also features a large walk-in closet.The entire home was repainted two years ago, contributing to its move-in-ready feel. Additional features include an air handler installed last year (valued at over $6,000), a water softener, ensuite laundry and an abundance of closet space throughout. Enjoy the convenience of included parking, along with ample visitor parking for guests. Located in a desirable and growing Kitchener neighbourhood, you're just minutes from parks, shopping, transit, trails and major commuter routes-making this an ideal option for first-time buyers, downsizers, or investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,152.77/mo

Includes CMHC insurance ($11,707)

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5-yr fixed avg.

Principal: $377,640Interest: $256,483
Mortgage Amount$389,347
Total Interest$256,483
Est. Property Tax$297/mo
Total Cost$645,830

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

155 Thomas Slee Drive Unit 2G, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$297
Insurance (est.)-$87
Net Cash Flow+$1,326

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 $420/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.

Market Position

At 36 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.

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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    155 Thomas Slee Drive Unit 2G, Kitchener | $419,600 | Battaglia Team