After the residential average price in the Kitchener real estate market exceeded the $500K limit earlier this year, there has been a visible decrease of this average in the past couple of months. But even if prices are cooling off, this area of Ontario real estate is still an expensive one for many homebuyers looking for affordable housing in the city. We wanted to show that you don’t need to break the bank to get something good in one Kitchener’s best neighbourhoods, so we lined up a few units for less than half the average asking price.
Here’s what Kitchener has to offer for $200K:
#1 1100 Courtland Avenue E 315, 1 bedroom, 1 bathroom, $185,000
Located in the popular Kingsdale real estate market, in the south-eastern part of the city, this gorgeous one-bedroom, one-bath apartment can be found in a nice development complex. It is located at the back of the building, far from the noise of the street, in the proximity of shops, restaurants and public transportation. Building amenities include an outdoor swimming pool, a party room, a fitness centre and an on-site laundry room available to all tenants. The apartment itself boasts large windows, generous-sized rooms and has been upgraded just recently. The living area is spacious enough to entertain guests, whilst the kitchen is fully-equipped with all the necessary appliances.
#2 602 – 565 Greenfield Avenue, 2 bedrooms, 1 bathroom, $189,900
Another piece of tempting Kingsdale real estate, this 650 square-foot unit has one of the lowest maintenance fees in town. The listing has an excellent location, since it is situated near numerous shopping centres, highways and public transport options. It boasts many upgrades, including fresh paint and new kitchen appliances. The apartment comes with a cozy living area, a well-equipped kitchen, a dining nook, 2 good-sized bedrooms and a bathroom. It is in move-in ready condition, so all you need to do is make the purchase and bring your stuff!
#3 71 Vanier Drive, 2 bedrooms, 2 bathrooms, $200,000
This 2-bedroom, 2-bath condo unit is an excellent real estate bargain considering its asking price. The listing has been renovated from top to bottom and boasts a tastefully decorated and open-concept interior. It comes with a lively living area, a separate dining nook, a well-equipped kitchen and good-sized bedrooms. It also features a highly in-demand location, just steps away from schools, parks, shopping centres and public transport. The listing can be found in the same neighbourhood as the previous two units, part of the Kingsdale real estate market.
If you’re curious about what other units in this city have to offer, browse through our complete directory of condos for sale in Kitchener and don’t hesitate to take a look at the single family homes for sale in Kitchener while you’re at it. You might also find some excellent bargains in neighbouring cities, so make sure you also scan, for example, new listings in Waterloo and the real estate listings in Cambridge as well.