55 Duke Street Unit 216, Kitchener

Price: $369,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13833168

Located in the heart of Downtown Kitchener, this beautifully appointed 1 Bedroom + Den, 1 Bathroom condo offers an exceptional blend of style, comfort, and convenience. Situated in an award-winning building directly between LRT stops, this residence puts the very best of the city right at your doorstep. Step inside to discover a bright, open-concept living space complemented by contemporary finishes and a sleek, modern kitchen featuring stainless steel appliances. The spacious bedroom offers generous closet space, while the versatile den provides the perfect setting for a home office, study, or additional storage.One of the standout features of this home is the expansive private terrace - an incredible extension of your living space, perfect for morning coffee, outdoor dining, entertaining guests, or simply enjoying your own private retreat in the city. Additional conveniences include in-suite laundry and access to premium building amenities. With public transit, shopping, restaurants, cafes, entertainment, and downtown attractions all within easy reach, this is a location that truly delivers a connected and effortless urban lifestyle.Whether you're a first-time buyer, savvy investor, or young professional, Unit 216 offers an outstanding opportunity to own a stylish downtown residence in one of Kitchener's most desirable locations. A rare combination of location, lifestyle, and outdoor space - don't miss the opportunity to make this exceptional condo your own!

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$369,900 - 55 Duke Street Unit 216, Kitchener

Condo for Sale in Kitchener

Popular Listing
2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
X13833168
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Kitchener
Taxes (2025)
$2,994
Maintenance Fees
$392/mo
Locker
None
Exposure
South West
Balcony
Terrace
Listing Brokerage
CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Description

Located in the heart of Downtown Kitchener, this beautifully appointed 1 Bedroom + Den, 1 Bathroom condo offers an exceptional blend of style, comfort, and convenience. Situated in an award-winning building directly between LRT stops, this residence puts the very best of the city right at your doorstep. Step inside to discover a bright, open-concept living space complemented by contemporary finishes and a sleek, modern kitchen featuring stainless steel appliances. The spacious bedroom offers generous closet space, while the versatile den provides the perfect setting for a home office, study, or additional storage.One of the standout features of this home is the expansive private terrace - an incredible extension of your living space, perfect for morning coffee, outdoor dining, entertaining guests, or simply enjoying your own private retreat in the city. Additional conveniences include in-suite laundry and access to premium building amenities. With public transit, shopping, restaurants, cafes, entertainment, and downtown attractions all within easy reach, this is a location that truly delivers a connected and effortless urban lifestyle.Whether you're a first-time buyer, savvy investor, or young professional, Unit 216 offers an outstanding opportunity to own a stylish downtown residence in one of Kitchener's most desirable locations. A rare combination of location, lifestyle, and outdoor space - don't miss the opportunity to make this exceptional condo your own!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,897.78/mo

Includes CMHC insurance ($10,320)

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5-yr fixed avg.

Principal: $332,910Interest: $226,103
Mortgage Amount$343,230
Total Interest$226,103
Est. Property Tax$262/mo
Total Cost$569,334

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

55 Duke Street Unit 216, 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)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$392
Property Tax (est.)-$262
Insurance (est.)-$77
Net Cash Flow+$1,469

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 $617/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. The $392/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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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    55 Duke Street Unit 216, Kitchener | $369,900 | Battaglia Team