60 Frederick Street Unit 2505, Kitchener

Price: $199,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X12964756

No need for a car here-save your money on gas! Walk Score 98/100. The ION LRT stop is right outside the building, and you're just a few blocks from the GO Train with direct access to the heart of Toronto. Utilities are included-heating, cooling, water, sewer, and high-speed Rogers internet-making this an easy and affordable choice. Live in the heart of downtown Kitchener at 60 Frederick Street, where modern design meets everyday convenience. This stylish 1-bedroom, 1-bathroom unit features an open-concept layout with floor-to-ceiling windows, a private balcony, and beautiful city views. The modern kitchen offers stainless steel appliances, quartz countertops, and sleek cabinetry. Enjoy in-suite laundry, smart home features (digital lock, smart thermostat, and light switches), and a layout designed for comfortable living. The building includes top amenities: concierge service, fitness centre, yoga room, party room, and a rooftop terrace with BBQs. Steps to everything-Conestoga College Downtown Campus, University of Waterloo School of Pharmacy, Kitchener Market, restaurants, cafes, and the Innovation District with Google, Communitech, and D2L nearby.

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$199,000 - 60 Frederick Street Unit 2505, Kitchener

Condo for Sale in Kitchener

67 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
X12964756
Property Type
Condo
Status
active
Days on Site
67
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

No need for a car here-save your money on gas! Walk Score 98/100. The ION LRT stop is right outside the building, and you're just a few blocks from the GO Train with direct access to the heart of Toronto. Utilities are included-heating, cooling, water, sewer, and high-speed Rogers internet-making this an easy and affordable choice. Live in the heart of downtown Kitchener at 60 Frederick Street, where modern design meets everyday convenience. This stylish 1-bedroom, 1-bathroom unit features an open-concept layout with floor-to-ceiling windows, a private balcony, and beautiful city views. The modern kitchen offers stainless steel appliances, quartz countertops, and sleek cabinetry. Enjoy in-suite laundry, smart home features (digital lock, smart thermostat, and light switches), and a layout designed for comfortable living. The building includes top amenities: concierge service, fitness centre, yoga room, party room, and a rooftop terrace with BBQs. Steps to everything-Conestoga College Downtown Campus, University of Waterloo School of Pharmacy, Kitchener Market, restaurants, cafes, and the Innovation District with Google, Communitech, and D2L nearby.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,020.97/mo

Includes CMHC insurance ($5,552)

$
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5-yr fixed avg.

Principal: $179,100Interest: $121,640
Mortgage Amount$184,652
Total Interest$121,640
Est. Property Tax$141/mo
Total Cost$306,292

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

60 Frederick Street Unit 2505, 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)
7.8%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$141
Insurance (est.)-$41
Net Cash Flow+$1,293

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 $398/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 67 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 500 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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    MLS# X12964756 — 60 Frederick Street Unit 2505… | Battaglia Team