24 MIDLAND Drive Unit 403, Kitchener

Price: $299,000

2 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: X13678288

Welcome home! This beautifully updated 2-bedroom, 1-bathroom unit offers an impressive combination of comfort, convenience, and value. Located in the desirable Stanley Park community, this bright corner-site unit has been refreshed with fresh neutral paint, new flooring, crown moulding, and an updated bathroom featuring new tile, sink, fixtures, and a walk-in shower. The functional kitchen includes a pantry and comes complete with fridge, stove, and microwave. Ceiling fans add comfort, while the enclosed porch with windows provides a wonderful bonus space to relax and enjoy throughout the seasons. The monthly fee package offers incredible convenience, including heat, hydro, water, property taxes, two surface parking spaces, and common elements - making this an ideal option for those looking for simple, predictable, turn-key living. This CO-OP building offers an excellent range of amenities, including an entertaining/party room, games/media/exercise room, exclusive storage locker, and outdoor swimming pool. Numerous building updates add to the appeal, including a refreshed foyer entrance, painted hallways, covered front entrance awning, secured entry, garbage chutes, and a designated recycling area. Enjoy a fantastic Stanley Park location close to the expressway, shopping plazas, restaurants, community centre, parks, trails, and everyday amenities. Downsizing or looking for a low-maintenance home? This is an opportunity that delivers comfort, convenience, and exceptional value. *Please note, this building is a Co-operative building and is in the process of transitioning to a Condominium. Property cannot be mortgaged.

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$299,000 - 24 MIDLAND Drive Unit 403, Kitchener

Condo for Sale in Kitchener

Popular Listing
2Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
X13678288
Property Type
Condo
Status
active
Days on Site
9
Bedrooms
2
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
South
Balcony
Enclosed
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome home! This beautifully updated 2-bedroom, 1-bathroom unit offers an impressive combination of comfort, convenience, and value. Located in the desirable Stanley Park community, this bright corner-site unit has been refreshed with fresh neutral paint, new flooring, crown moulding, and an updated bathroom featuring new tile, sink, fixtures, and a walk-in shower. The functional kitchen includes a pantry and comes complete with fridge, stove, and microwave. Ceiling fans add comfort, while the enclosed porch with windows provides a wonderful bonus space to relax and enjoy throughout the seasons. The monthly fee package offers incredible convenience, including heat, hydro, water, property taxes, two surface parking spaces, and common elements - making this an ideal option for those looking for simple, predictable, turn-key living. This CO-OP building offers an excellent range of amenities, including an entertaining/party room, games/media/exercise room, exclusive storage locker, and outdoor swimming pool. Numerous building updates add to the appeal, including a refreshed foyer entrance, painted hallways, covered front entrance awning, secured entry, garbage chutes, and a designated recycling area. Enjoy a fantastic Stanley Park location close to the expressway, shopping plazas, restaurants, community centre, parks, trails, and everyday amenities. Downsizing or looking for a low-maintenance home? This is an opportunity that delivers comfort, convenience, and exceptional value. *Please note, this building is a Co-operative building and is in the process of transitioning to a Condominium. Property cannot be mortgaged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,534.02/mo

Includes CMHC insurance ($8,342)

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5-yr fixed avg.

Principal: $269,100Interest: $182,765
Mortgage Amount$277,442
Total Interest$182,765
Est. Property Tax$212/mo
Total Cost$460,207

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

24 MIDLAND Drive Unit 403, 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)
5.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,421

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 $332/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.

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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    24 MIDLAND Drive Unit 403, Kitchener | $299,000 | Battaglia Team