Maintenance Fees
Young Condos vs The City Commercial Core Area
509 - 55 Duke St W
$379,0001 bd1 ba0 pk791 sqft
For SaleYoung Condos
54 Days on Strata
$379,000
Price Cut: $389,900
Price Cut: $389,900
1 Bed
1 Bath
0 Parking
791 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$490/mth
Taxes:
$3,322 (2024)
Cost Per Sqft:
$479/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
East
Possession Date:
Immediately possession
Laundry:
In Area
Amenities
Concierge
Party Room
BBQs Allowed
Gym
Indoor Parking
About this Listing
Welcome to 509 - 55 Duke St, Kitchener, a stunning 1-bedroom + den, 1-bathroom condo in the heart of downtown Kitchener. This modern unit features an open-concept layout that seamlessly blends the kitchen, dining, and living areas, highlighted by large windows that flood the space with natural light. The spacious bedroom includes a generously sized walk-in closet, offering plenty of storage. The versatile den is perfect for a home office, guest room, or additional living space to suit your needs. Condo amenities include an exercise room, 24-hour concierge, party room, and a rooftop patio, offering great spaces for relaxation and socializing. Located just steps from trendy restaurants, shops, and all that downtown Kitchener has to offer, this condo is the perfect blend of comfort, convenience, and urban living. Book your showing today!
ExtrasAll appliances in the unit
corcoran horizon realtyMLS® #X11978630
Fees & Utilities
Maintenance Fees
Included in Fees
Building Maintenance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
Electric
Heating
Forced Air
Room Dimensions
Kitchen
12.76 x 12.01ft
Dining
10.17 x 8.07ft
Living
10.07 x 10.01ft
Den
6.99 x 5.68ft
Bedroom
10.01 x 10.66ft
Buyer's Market
Balanced
Seller's Market
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Building Trends At Young Condos
Days on Strata
Units at Young Condos spend an average of
47
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in City Commercial Core
Turnover of Units
On average, each unit is owned for
N/A
Property Value
4%
Increase in property value within the past twelve months
Price Ranking
4th
Highest price per SQFT out of 14 condos in the City Commercial Core area
Sold Units
3
Units were Sold over the past twelve months
Rented Units
52
Units were Rented over the past twelve months
Best Value Rank
Young Condos offers the best value out of 14 condos in the City Commercial Core neighbourhood
?
N/A
Appreciation Rank
Young Condos has the highest ROI out of 14 condos in the City Commercial Core neighbourhood
?
N/A
Rental Yield
Young Condos yields the highest rent prices out of 14 condos in the City Commercial Core neighbourhood
?
N/A
High Demand
Young Condos is the most popular building out of 14 condos in the City Commercial Core neighbourhood
?
N/A
Market Insights
Transaction Insights at Young Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $435,000 | No Data | $495,000 - $533,000 | No Data |
| Avg. Cost Per Sqft | $657 | No Data | $636 | No Data |
| Price Range | $1,700 - $2,100 | $1,800 - $2,400 | $2,400 - $2,800 | No Data |
| Avg. Wait for Unit Availability | 106 Days | 153 Days | 77 Days | 149 Days |
| Avg. Wait for Unit Availability | 12 Days | 27 Days | 17 Days | No Data |
| Ratio of Units in Building | 48% | 17% | 32% | 3% |
Market Inventory
Total number of units listed and sold in City Commercial Core
