$350,000 - 24 Midland Drive Unit 509, Kitchener
Condo for Sale in Kitchener
109 days on market- MLS Number
- X12765830
- Property Type
- Condo
- Status
- active
- Days on Site
- 109
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Kitchener
- Locker
- Exclusive
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- Keller Williams Home Group Realty
#509-24 Midland Drive offers exceptional living in the heart of Kitchener. This beautifully updated and freshly painted suite features 1,136 sq. ft. of bright, open-concept living with solid floors throughout. At the end of the hall are two spacious bedrooms, each with large closets and oversized windows, along with a well-appointed bathroom. Every room is filled with natural light thanks to the unit's expansive windows, and the impressive 6' x 42' four-season sunroom extends the living space while creating the perfect spot to relax year-round. Residents enjoy access to excellent amenities including a large outdoor pool with a gazebo and BBQ area, a workout room, games room/library, coin laundry, mailroom, ample parking, and a storage locker. The building is in the final stages of converting from Tenancy in Common to Condominium ownership, giving owners peace of mind and long-term value. Monthly fees conveniently include heat, hydro, water, maintenance, and property taxes, making this a truly rare opportunity for comfortable, low-maintenance living in an incredibly convenient location.
Estimate your monthly payments for this property
Estimated Payment
$1,795.68/mo
Includes CMHC insurance ($9,765)
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.
24 Midland Drive Unit 509, 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 $350/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 109 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.
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.