15 Hofstetter Avenue Unit 318, Kitchener

Price: $215,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X13700706

Welcome to 15 Hofstetter Avenue, Unit 318, a spacious and inviting 2-bedroom, 2-bathroom condo offering just under 900 sq. ft. of comfortable, low-maintenance living with attractive views toward Chicopee Ski Hill.The suite has been recently refreshed with new flooring throughout, giving the home a clean, updated feel from the moment you step inside. The carpet-free layout offers a practical flow between the living and dining areas, with generous natural light creating a bright and welcoming atmosphere. Two well-proportioned bedrooms and two full bathrooms provide flexibility for couples, small families, downsizers, guests, or those looking for a dedicated home office.The building has also undergone a number of notable improvements in recent years, including newer windows and updated balconies, adding to the overall appeal and long-term enjoyment of the property.Located in a convenient Kitchener neighbourhood, you're just minutes from Chicopee Ski Hill, Fairview Park Mall, shopping, restaurants, public transit, everyday amenities, and major highway connections. Whether you're a first-time buyer, downsizer, or investor, Unit 318 offers an appealing combination of space, updates, location, and value.Book your private showing and see everything this condo has to offer.Some photos have been virtually staged.

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New Listing
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$215,000 - 15 Hofstetter Avenue Unit 318, Kitchener

Condo for Sale in Kitchener

New — Listed 2 days ago
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X13700706
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
Century 21 Heritage House Ltd.
Description

Welcome to 15 Hofstetter Avenue, Unit 318, a spacious and inviting 2-bedroom, 2-bathroom condo offering just under 900 sq. ft. of comfortable, low-maintenance living with attractive views toward Chicopee Ski Hill.The suite has been recently refreshed with new flooring throughout, giving the home a clean, updated feel from the moment you step inside. The carpet-free layout offers a practical flow between the living and dining areas, with generous natural light creating a bright and welcoming atmosphere. Two well-proportioned bedrooms and two full bathrooms provide flexibility for couples, small families, downsizers, guests, or those looking for a dedicated home office.The building has also undergone a number of notable improvements in recent years, including newer windows and updated balconies, adding to the overall appeal and long-term enjoyment of the property.Located in a convenient Kitchener neighbourhood, you're just minutes from Chicopee Ski Hill, Fairview Park Mall, shopping, restaurants, public transit, everyday amenities, and major highway connections. Whether you're a first-time buyer, downsizer, or investor, Unit 318 offers an appealing combination of space, updates, location, and value.Book your private showing and see everything this condo has to offer.Some photos have been virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,103.06/mo

Includes CMHC insurance ($5,999)

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5-yr fixed avg.

Principal: $193,500Interest: $131,420
Mortgage Amount$199,499
Total Interest$131,420
Est. Property Tax$152/mo
Total Cost$330,918

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

15 Hofstetter Avenue Unit 318, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
8.3%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$152
Insurance (est.)-$45
Net Cash Flow+$1,483

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 $269/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 800 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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    15 Hofstetter Avenue Unit 318, Kitchener | $215,000 | Battaglia Team