$425,000 - 1989 OTTAWA Street Unit 27A, Kitchener
Condo for Sale in Kitchener
79 days on market- MLS Number
- X12947012
- Property Type
- Condo
- Status
- active
- Days on Site
- 79
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
CHECK THE VIEW - BACKING ONTO THE FOREST. Welcome to 1989 Ottawa Street South, Unit 27A, a well-located and affordable opportunity in the heart of Kitchener. This thoughtfully laid-out unit is perfect for first-time buyers looking to enter the market, downsizers seeking low-maintenance living, or investors searching for a strong addition to their portfolio. One of the standout features of this home is the private bedroom balcony overlooking a peaceful forest, offering a rare sense of privacy and a calming view-an ideal spot to enjoy your morning coffee or unwind at the end of the day. The unit offers a functional layout designed for comfortable everyday living, with generous natural light and practical spaces that are easy to personalize. Located in a convenient and well-established area, you're close to shopping, public transit, schools, parks, and quick access to major routes-making daily errands and commuting simple and stress-free. There are around 12 security cameras monitoring every building, the parking lots, the entrance and exits of 1985 Ottawa Street. The whole community is under 24 hour surveillance and nightly private security patrol. With its attractive price point, low-maintenance lifestyle, and desirable location, this property presents excellent value whether you're buying your first home, simplifying your lifestyle, or investing in Kitchener's growing market. Don't miss this opportunity to own a home that combines comfort, convenience, and long-term potential.
Estimate your monthly payments for this property
Estimated Payment
$2,180.47/mo
Includes CMHC insurance ($11,858)
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.
1989 OTTAWA Street Unit 27A, 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 $531/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 79 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.