64 Benton Street Unit 304, Kitchener

Price: $168,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13165276

AFFORDABLE DOWNTOWN LIVING! An exceptional opportunity for first-time buyers, investors, students, or anyone seeking an affordable, low-maintenance lifestyle in the heart of downtown Kitchener. This 1-bedroom, 1-bath condo offers incredible value at an entry-level price point rarely seen in today's market. The functional layout features a bright living area, spacious bedroom, 4-piece bathroom, & a private balcony to enjoy your morning coffee or evening city views. An owned storage locker provides additional convenience & extra space. Enjoy all the benefits of urban living just steps from the LRT, GO Transit, Kitchener Market, restaurants, cafes, Victoria Park, shopping, & Kitchener's thriving tech corridor. Conveniently located near the University of Waterloo Downtown Health Sciences Campus & with direct LRT access to both universities, this is also an excellent option for parents seeking an alternative to student residence or investors looking to expand their portfolio. The building offers secure entry, on-site laundry, a fitness room, & a library/lounge area. A fantastic opportunity to get into the market, invest, or enjoy convenient downtown living at an unbeatable price.

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$168,000 - 64 Benton Street Unit 304, Kitchener

Condo for Sale in Kitchener

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13165276
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
North West
Balcony
Open
Listing Brokerage
RE/MAX Solid Gold Realty (II) Ltd
Description

AFFORDABLE DOWNTOWN LIVING! An exceptional opportunity for first-time buyers, investors, students, or anyone seeking an affordable, low-maintenance lifestyle in the heart of downtown Kitchener. This 1-bedroom, 1-bath condo offers incredible value at an entry-level price point rarely seen in today's market. The functional layout features a bright living area, spacious bedroom, 4-piece bathroom, & a private balcony to enjoy your morning coffee or evening city views. An owned storage locker provides additional convenience & extra space. Enjoy all the benefits of urban living just steps from the LRT, GO Transit, Kitchener Market, restaurants, cafes, Victoria Park, shopping, & Kitchener's thriving tech corridor. Conveniently located near the University of Waterloo Downtown Health Sciences Campus & with direct LRT access to both universities, this is also an excellent option for parents seeking an alternative to student residence or investors looking to expand their portfolio. The building offers secure entry, on-site laundry, a fitness room, & a library/lounge area. A fantastic opportunity to get into the market, invest, or enjoy convenient downtown living at an unbeatable price.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$861.93/mo

Includes CMHC insurance ($4,687)

$
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5%10%50%

5-yr fixed avg.

Principal: $151,200Interest: $102,691
Mortgage Amount$155,887
Total Interest$102,691
Est. Property Tax$119/mo
Total Cost$258,578

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

64 Benton Street Unit 304, 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)
9.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$119
Insurance (est.)-$35
Net Cash Flow+$1,256

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 $280/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.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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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    64 Benton Street Unit 304, Kitc… — $168,000 | Battaglia Team