145 Columbia Street Unit 233, Kitchener

Price: $519,000

1 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X13592948

Don't miss this rare opportunity to own a premium corner suite at the highly sought-after Society 145! This spacious Carlisle (corner) unit showcases modern, luxurious finishes throughout and is one of the few suites in the building featuring a stunning wrap-around balcony with multiple access points. Complete with one of the best-located underground parking spaces, this offering is exceptionally rare. Residents enjoy an impressive collection of hotel-inspired amenities, including a fully equipped fitness centre, basketball court, sauna, yoga studio, multimedia and games rooms, party room, spectacular rooftop terrace, 24-hour security, on-site property management, and concierge services. Ideally situated within walking distance to the universities, the new LRT station, and Uptown Waterloo, this is an outstanding opportunity for both homeowners and investors alike.

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$519,000 - 145 Columbia Street Unit 233, Kitchener

Condo for Sale in Kitchener

33 days on market
1Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X13592948
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
1
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
WESTON REALTY PARTNERS
Description

Don't miss this rare opportunity to own a premium corner suite at the highly sought-after Society 145! This spacious Carlisle (corner) unit showcases modern, luxurious finishes throughout and is one of the few suites in the building featuring a stunning wrap-around balcony with multiple access points. Complete with one of the best-located underground parking spaces, this offering is exceptionally rare. Residents enjoy an impressive collection of hotel-inspired amenities, including a fully equipped fitness centre, basketball court, sauna, yoga studio, multimedia and games rooms, party room, spectacular rooftop terrace, 24-hour security, on-site property management, and concierge services. Ideally situated within walking distance to the universities, the new LRT station, and Uptown Waterloo, this is an outstanding opportunity for both homeowners and investors alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,662.74/mo

Includes CMHC insurance ($14,480)

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5%10%50%

5-yr fixed avg.

Principal: $467,100Interest: $317,242
Mortgage Amount$481,580
Total Interest$317,242
Est. Property Tax$368/mo
Total Cost$798,822

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

145 Columbia Street Unit 233, 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)
2.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$455
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$869

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 $741/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 33 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 700 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.

Investment Perspective

Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    145 Columbia Street Unit 233, Kitchener | $519,000 | Battaglia Team