1989 Ottawa Street Unit 65E, Kitchener

Price: $475,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X13843920

Ideally located and move-in ready, this beautifully maintained 2-bedroom, 2-bathroom condo offers a fantastic layout with comfortable, low-maintenance living. Bright, inviting and thoughtfully designed, this home is perfect for first-time buyers, downsizers or anyone looking for a convenient lifestyle. The kitchen features stainless steel appliances, ample cabinetry, large island and a wonderful connection to the living space. There is a private balcony just off the kitchen, perfect for enjoying your morning coffee or dining outdoors. It also features a main floor powder room. Head upstairs to find the primary bedroom that offers its own private retreat with a second balcony, providing another peaceful outdoor space to relax and unwind. A convenient in-suite laundry closet adds to the everyday functionality of the home. Spacious second bedroom, suitable for office space, home gym or second TV room. Ideally located just minutes from Sunrise Shopping Centre, scenic trails, schools, restaurants and an array of everyday amenities, with quick and easy access to Highway 7/8 for commuters. With its great layout, excellent condition and unbeatable convenience, this condo is ready for you to simply move in and enjoy! If you're looking for a home that combines comfort, convenience and value, this one checks all the boxes. Well cared for and truly move-in ready, there's nothing left to do but unpack, settle in and enjoy. Come see for yourself why this could be the condo you've been waiting for.

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active
New Listing

$475,000 - 1989 Ottawa Street Unit 65E, Kitchener

Condo for Sale in Kitchener

New — Listed 7 days ago
2Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
X13843920
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Kitchener
Taxes (2026)
$3,332
Maintenance Fees
$291/mo
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

Ideally located and move-in ready, this beautifully maintained 2-bedroom, 2-bathroom condo offers a fantastic layout with comfortable, low-maintenance living. Bright, inviting and thoughtfully designed, this home is perfect for first-time buyers, downsizers or anyone looking for a convenient lifestyle. The kitchen features stainless steel appliances, ample cabinetry, large island and a wonderful connection to the living space. There is a private balcony just off the kitchen, perfect for enjoying your morning coffee or dining outdoors. It also features a main floor powder room. Head upstairs to find the primary bedroom that offers its own private retreat with a second balcony, providing another peaceful outdoor space to relax and unwind. A convenient in-suite laundry closet adds to the everyday functionality of the home. Spacious second bedroom, suitable for office space, home gym or second TV room. Ideally located just minutes from Sunrise Shopping Centre, scenic trails, schools, restaurants and an array of everyday amenities, with quick and easy access to Highway 7/8 for commuters. With its great layout, excellent condition and unbeatable convenience, this condo is ready for you to simply move in and enjoy! If you're looking for a home that combines comfort, convenience and value, this one checks all the boxes. Well cared for and truly move-in ready, there's nothing left to do but unpack, settle in and enjoy. Come see for yourself why this could be the condo you've been waiting for.

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Estimate your monthly payments for this property

Estimated Payment

$2,437.00/mo

Includes CMHC insurance ($13,253)

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5-yr fixed avg.

Principal: $427,500Interest: $290,346
Mortgage Amount$440,753
Total Interest$290,346
Est. Property Tax$336/mo
Total Cost$731,099

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

1989 Ottawa Street Unit 65E, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$291
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,554

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 $528/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. The $291/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 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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    1989 Ottawa Street Unit 65E, Kitchener | $475,000 | Battaglia Team