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    Kitchener / City Commercial Core

    502 - 55 Duke St W

    For SaleYoung Condos
    $599,000
    2 Beds
    2 Bath
    1 Parking
    1,017 SQFT
    7 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $645/mth
    Taxes:
    $4,035 (2024)
    Cost Per Sqft:
    $589/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    West
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    10.79 x 11.91ft
    Kitchen
    10.5 x 19.29ft
    Prim Bdrm
    10.01 x 17.49ft

    About this Listing

    Welcome to 502-55 Duke St W, located in the heart of downtown Kitchener. This brand new, never lived-in unit is a bright and vibrant 2-bedroom, 2-bathroom open concept layout with a beautiful terrace overlooking the city. Tons of natural light throughout the unit! The primary bedroom is complete with an ensuite, and his and her's closets. The kitchen comes fully equipped with stainless-steel appliances and a chef's island. The unit includes 1 parking spot and 1 bicycle locker. The building amenities include; pet spa, self-carwash, rooftop track, and fitness zone. Additionally, a party room with an attached terrace, containing a fire pit, and communal BBQ area are conveniently situated right next door to the unit.

    ExtrasSituated in the lively downtown core, this property is in a prime location, walking distance to many shops and restaurants to explore and enjoy!

    century 21 red star realty inc.MLS® #X10426870

    Amenities

    Party Room
    Concierge
    Gym Room
    Indoor Parking
    BBQs Allowed

    Explore Neighbourhood

    Unknown
    Walkability
    Unknown
    Transit
    Unknown
    Bikeability

    Similar Listings

    Price Trends

    Maintenance Fees

    Young Condos vs The City Commercial Core Area

    Building Trends At Young Condos

    Days on Strata

    Units at Young Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in City Commercial Core

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 14 condos in the City Commercial Core area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    Young Condos offers the
    ?
    N/A
    best value out of 14 condos in the City Commercial Core neighbourhood

    Appreciation Rank

    Young Condos has the
    ?
    N/A
    highest ROI out of 14 condos in the City Commercial Core neighbourhood

    Rental Yield

    Young Condos yields the
    ?
    N/A
    highest rent prices out of 14 condos in the City Commercial Core neighbourhood

    High Demand

    Young Condos is the
    ?
    N/A
    most popular building out of 14 condos in the City Commercial Core neighbourhood

    Transaction Insights at 55 Duke Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$390,900 - $435,000$430,000 - $435,000$533,000No Data
    Avg. Cost Per Sqft$624$669$648No Data
    Avg. Wait for Unit Availability106 Days172 Days70 Days149 Days
    Ratio of Units in Building46%19%33%4%

    Transactions vs Inventory

    Total number of units listed and sold in City Commercial Core