60 Frederick Street Unit 1313, Kitchener

Price: $279,900

2 bedrooms, 2 bathrooms

500 sqft

Property Type: Condo

MLS#: X13721160

Welcome to DTK Condos Unit 1313, First time home buyers and Investors Dream! Perfect upscale smart building located in the heart of downtown Kitchener. Featuring 588 sq. ft, 1 Bedroom + Den, 2 washroom unit boosting a spacious Layout in an open-concept living area that seamlessly connects to a modern kitchen, perfect for entertaining guests. Upgraded Floors adding a touch of elegance and warmth. Large windows flood the space with natural light, enhancing the vibrant atmosphere. Modern Kitchen Equipped with S/S appliances, Granite counter tops, and floor to ceiling cabinets. Large balcony over taking beautiful city views, In suite laundry, Smart Home Controls; lights, Rogers thermostat, locks. High Speed Interet and locker included for extra storage space. Across from city hall, endless downtown entertainment options, schools, parks, and just steps to the LRT! Building is pet friendly and has amenities such as terrace with BBQ's, Gym, and 24 Hrs. Concierge. Priced to move!

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$279,900 - 60 Frederick Street Unit 1313, Kitchener

Condo for Sale in Kitchener

40 days on market
2Beds
2Baths
500Sq Ft
Condo

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Property Details
MLS Number
X13721160
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
2
Bathrooms
2
Square Feet
500 sqft
Neighbourhood
Kitchener
Taxes (2026)
$3,262
Maintenance Fees
$523/mo
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
HOMELIFE/MIRACLE REALTY LTD
Description

Welcome to DTK Condos Unit 1313, First time home buyers and Investors Dream! Perfect upscale smart building located in the heart of downtown Kitchener. Featuring 588 sq. ft, 1 Bedroom + Den, 2 washroom unit boosting a spacious Layout in an open-concept living area that seamlessly connects to a modern kitchen, perfect for entertaining guests. Upgraded Floors adding a touch of elegance and warmth. Large windows flood the space with natural light, enhancing the vibrant atmosphere. Modern Kitchen Equipped with S/S appliances, Granite counter tops, and floor to ceiling cabinets. Large balcony over taking beautiful city views, In suite laundry, Smart Home Controls; lights, Rogers thermostat, locks. High Speed Interet and locker included for extra storage space. Across from city hall, endless downtown entertainment options, schools, parks, and just steps to the LRT! Building is pet friendly and has amenities such as terrace with BBQ's, Gym, and 24 Hrs. Concierge. Priced to move!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,436.03/mo

Includes CMHC insurance ($7,809)

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5-yr fixed avg.

Principal: $251,910Interest: $171,090
Mortgage Amount$259,719
Total Interest$171,090
Est. Property Tax$198/mo
Total Cost$430,810

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

60 Frederick Street Unit 1313, 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)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$523
Property Tax (est.)-$198
Insurance (est.)-$58
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 $560/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 40 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. The $523/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 500 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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