155 Thomas Slee Drive Unit 1 G, Kitchener

Price: $429,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13593822

Over 1,000 sq ft on the ground floor, in the heart of Kitchener, with included parking and ensuite laundry. That's a rare mix for a 2-bed condo Town, and this one uses every foot well.Step inside and the space opens up fast. High ceilings and laminate flooring run throughout, and the ground-floor setting means you walk straight in, no elevators, no stairs to haul groceries up. The 2-bed, 2-bath layout is laid out so the bedrooms sit apart from the living space, which matters if you work from home or share the place.The open-concept living, dining, and kitchen area is where the unit spends most of its time. The kitchen anchors it with light cabinetry, stainless steel appliances, a stylish backsplash, and a large island with a breakfast bar that doubles as prep space, a work desk, or the spot everyone gathers around. A walk-in pantry handles the storage that most condos this size skip. Both bathrooms come upgraded, with newer flooring, raised sinks, and modern faucets. The primary ensuite steps it up with upgraded tile work in the shower. The primary bedroom carries a large walk-in closet, and there's generous closet space throughout the rest of the unit, so nothing has to live on the floor. Outside your door, the location does a lot of the work. You're minutes from parks, shopping, transit, trails, and major commuter routes, in a Kitchener pocket that keeps growing. Visitor parking means guests aren't circling the block. It's a smart fit for first-time buyers who want room to grow, downsizers who don't want to give up space, or investors eyeing a unit that rents itself.Listing is virtually staged for bedrooms and the washroom.

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$429,900 - 155 Thomas Slee Drive Unit 1 G, Kitchener

Condo for Sale in Kitchener

32 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13593822
Property Type
Condo
Status
active
Days on Site
32
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South West
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Over 1,000 sq ft on the ground floor, in the heart of Kitchener, with included parking and ensuite laundry. That's a rare mix for a 2-bed condo Town, and this one uses every foot well.Step inside and the space opens up fast. High ceilings and laminate flooring run throughout, and the ground-floor setting means you walk straight in, no elevators, no stairs to haul groceries up. The 2-bed, 2-bath layout is laid out so the bedrooms sit apart from the living space, which matters if you work from home or share the place.The open-concept living, dining, and kitchen area is where the unit spends most of its time. The kitchen anchors it with light cabinetry, stainless steel appliances, a stylish backsplash, and a large island with a breakfast bar that doubles as prep space, a work desk, or the spot everyone gathers around. A walk-in pantry handles the storage that most condos this size skip. Both bathrooms come upgraded, with newer flooring, raised sinks, and modern faucets. The primary ensuite steps it up with upgraded tile work in the shower. The primary bedroom carries a large walk-in closet, and there's generous closet space throughout the rest of the unit, so nothing has to live on the floor. Outside your door, the location does a lot of the work. You're minutes from parks, shopping, transit, trails, and major commuter routes, in a Kitchener pocket that keeps growing. Visitor parking means guests aren't circling the block. It's a smart fit for first-time buyers who want room to grow, downsizers who don't want to give up space, or investors eyeing a unit that rents itself.Listing is virtually staged for bedrooms and the washroom.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,205.61/mo

Includes CMHC insurance ($11,994)

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5-yr fixed avg.

Principal: $386,910Interest: $262,779
Mortgage Amount$398,904
Total Interest$262,779
Est. Property Tax$305/mo
Total Cost$661,683

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

155 Thomas Slee Drive Unit 1 G, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$1,315

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 $430/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 32 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.

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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    155 Thomas Slee Drive Unit 1 G, Kitchener | $429,900 | Battaglia Team