20 ST GEORGE Street Unit 508, Kitchener

Price: $325,000

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X13447878

Welcome to Sandhills Retirement Community (50+), a well-established, smoke-free, not-for-profit community located in Kitchener's desirable Victoria Park Heritage District. Enjoy a welcoming atmosphere, active lifestyle, and convenient access to Victoria Park, churches, shopping, public transit, the ION LRT, Kitchener Market, and downtown amenities. This bright and spacious suite offers 892 sq ft of comfortable living space filled with natural light. The open living and dining area offers ample space to relax or entertain while enjoying peaceful views. The private balcony,with outdoor carpeting, a table, and two chairs. Overlooking the church parking area, surrounding buildings, and mature greenery, it offers a peaceful place to enjoy your morning coffee or unwind at the end of the day. The kitchen features ample cupboard and counter space and includes a fridge, stove, dishwasher, washer, and dryer. A valuable benefit of Sandhills living is that appliances, heating, and air conditioning maintenance and replacement are managed by the community, helping make everyday living worry-free. The spacious primary bedroom offers a comfortable retreat, while the bright den with its own closet provides flexible space for guests, hobbies, or a home office and can easily be converted into a 2ND BEDROOM. The bathroom has been updated with a walk-in shower for easier accessibility, and California shutters throughout add style and privacy. Included with the unit is a storage locker and an owned underground parking space purchased separately by the owner. The parking space is currently rented on a month-to-month basis, offering potential supplemental income or future personal use.Residents enjoy access to a community lounge, library, and a variety of social activities. This Life Lease community offers no land transfer tax or legal closing costs. Please note residences are owner-occupied only, rentals are not permitted, and traditional mortgage financing is generally not available.

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New Listing
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$325,000 - 20 ST GEORGE Street Unit 508, Kitchener

Condo for Sale in Kitchener

New — Listed yesterday
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X13447878
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
South West
Balcony
Open
Listing Brokerage
KELLER WILLIAMS INNOVATION REALTY
Description

Welcome to Sandhills Retirement Community (50+), a well-established, smoke-free, not-for-profit community located in Kitchener's desirable Victoria Park Heritage District. Enjoy a welcoming atmosphere, active lifestyle, and convenient access to Victoria Park, churches, shopping, public transit, the ION LRT, Kitchener Market, and downtown amenities. This bright and spacious suite offers 892 sq ft of comfortable living space filled with natural light. The open living and dining area offers ample space to relax or entertain while enjoying peaceful views. The private balcony,with outdoor carpeting, a table, and two chairs. Overlooking the church parking area, surrounding buildings, and mature greenery, it offers a peaceful place to enjoy your morning coffee or unwind at the end of the day. The kitchen features ample cupboard and counter space and includes a fridge, stove, dishwasher, washer, and dryer. A valuable benefit of Sandhills living is that appliances, heating, and air conditioning maintenance and replacement are managed by the community, helping make everyday living worry-free. The spacious primary bedroom offers a comfortable retreat, while the bright den with its own closet provides flexible space for guests, hobbies, or a home office and can easily be converted into a 2ND BEDROOM. The bathroom has been updated with a walk-in shower for easier accessibility, and California shutters throughout add style and privacy. Included with the unit is a storage locker and an owned underground parking space purchased separately by the owner. The parking space is currently rented on a month-to-month basis, offering potential supplemental income or future personal use.Residents enjoy access to a community lounge, library, and a variety of social activities. This Life Lease community offers no land transfer tax or legal closing costs. Please note residences are owner-occupied only, rentals are not permitted, and traditional mortgage financing is generally not available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,667.42/mo

Includes CMHC insurance ($9,068)

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5-yr fixed avg.

Principal: $292,500Interest: $198,658
Mortgage Amount$301,568
Total Interest$198,658
Est. Property Tax$230/mo
Total Cost$500,226

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

20 ST GEORGE Street Unit 508, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$230
Insurance (est.)-$68
Net Cash Flow+$982

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 $406/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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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    20 ST GEORGE Street Unit 508, Kitchener | $325,000 | Battaglia Team