$559,000 - 165 Duke Street Unit 105, Kitchener
Condo for Sale in Kitchener
Popular Listing- MLS Number
- X13477416
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Kitchener
- Locker
- Owned
- Exposure
- North East
- Balcony
- Juliette
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Urban Bungalow Living in Downtown Kitchener! Welcome to Unit 105 at 165 Duke Street East, a rare opportunity to enjoy nearly 1,500 sq. ft. of thoughtfully designed living space in Downtown Kitchener's vibrant Market District. This spacious 2-bedroom plus den, 2-bathroom suite offers the sought-after feel of an urban bungalow, providing the space and functionality of a detached home without the maintenance. The updated kitchen features contemporary finishes, generous storage, and opens seamlessly to the expansive living and dining areas, creating an ideal space for everyday living and entertaining. Large bedrooms offer comfort and privacy, while the versatile den is perfect for a home office, reading room, or guest space. With room for full-sized furnishings throughout, this is condo living without compromise. Residents enjoy access to a beautifully landscaped private courtyard, a peaceful outdoor retreat rarely found in downtown condominium living. Step outside and experience one of Waterloo Region's most walkable neighbourhoods. The Kitchener Farmers' Market, ION LRT, cafés, bakeries, restaurants, specialty grocers, and the Region's growing tech hub are all just steps away, offering true urban convenience and an exceptional lifestyle. A rare and highly desirable feature, this suite includes tandem two-car underground parking-an exceptional downtown luxury providing convenience, security, and flexibility for multi-vehicle households or visiting guests. Adding to the value is a remarkably affordable condo fee of approximately $0.59 per square foot, significantly below many comparable downtown condominiums, allowing owners to enjoy an expansive floor plan without the premium monthly carrying costs often associated with larger suites. Combining exceptional space, outstanding value, a walkable downtown location, private outdoor enjoyment, and rare 2 car parking, Unit 105 presents a unique opportunity to experience urban bungalow living at its best.
Estimate your monthly payments for this property
Estimated Payment
$2,867.96/mo
Includes CMHC insurance ($15,596)
5-yr fixed avg.
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.
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
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.
165 Duke Street Unit 105, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $399/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.
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.
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 $2,329 (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.