55 Duke Street, Kitchener

Price: $329,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X12961052

Welcome to urban living at its finest in the heart of Downtown Kitchener! This beautifully designed 1 bedroom (675 Sq-ft), 1 bathroom condo on the 10th floor offers a perfect blend of modern style, functionality, and unbeatable location. Perched on a higher floor, this unit provides elevated city views and an abundance of natural light, creating a bright and inviting living space. The thoughtfully designed layout maximizes every square foot, making it ideal for first-time buyers, professionals, or savvy investors. Located in the sought-after Young Condos by Andrin Homes, residents enjoy access to a full suite of modern amenities including a fitness centre, party/meeting room, rooftop terrace, and stylish common areas designed for both relaxation and entertaining. Step outside and you're instantly connected to everything - just steps to Kitchener City Hall, ION LRT, restaurants, cafes, and the thriving tech hub including Google offices. This is true walkable living where convenience meets lifestyle. Whether you're looking to get into the market, downsize, or invest in a growing urban core, this unit offers incredible value in one of Kitchener's most exciting neighbourhoods.

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$329,900 - 55 Duke Street, Kitchener

Condo for Sale in Kitchener

74 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X12961052
Property Type
Condo
Status
active
Days on Site
74
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to urban living at its finest in the heart of Downtown Kitchener! This beautifully designed 1 bedroom (675 Sq-ft), 1 bathroom condo on the 10th floor offers a perfect blend of modern style, functionality, and unbeatable location. Perched on a higher floor, this unit provides elevated city views and an abundance of natural light, creating a bright and inviting living space. The thoughtfully designed layout maximizes every square foot, making it ideal for first-time buyers, professionals, or savvy investors. Located in the sought-after Young Condos by Andrin Homes, residents enjoy access to a full suite of modern amenities including a fitness centre, party/meeting room, rooftop terrace, and stylish common areas designed for both relaxation and entertaining. Step outside and you're instantly connected to everything - just steps to Kitchener City Hall, ION LRT, restaurants, cafes, and the thriving tech hub including Google offices. This is true walkable living where convenience meets lifestyle. Whether you're looking to get into the market, downsize, or invest in a growing urban core, this unit offers incredible value in one of Kitchener's most exciting neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,692.56/mo

Includes CMHC insurance ($9,204)

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5-yr fixed avg.

Principal: $296,910Interest: $201,653
Mortgage Amount$306,114
Total Interest$201,653
Est. Property Tax$234/mo
Total Cost$507,767

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

55 Duke Street, 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)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$234
Insurance (est.)-$69
Net Cash Flow+$1,107

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 $550/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 74 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 600 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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    55 Duke Street, Kitchener | $329,900 | Battaglia Team