$389,900 - 71 Vanier Drive Unit 110, Kitchener
Condo for Sale in Kitchener
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- MLS Number
- X13802770
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Kitchener
- Taxes (2025)
- $1,587
- Maintenance Fees
- $679/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Affordable, Move-In Ready & Packed with Value! This spacious main-level condo features a private terrace, perfect for relaxing or entertaining. Inside, enjoy an updated kitchen with quartz counters, stainless steel appliances and undermount sink, plus a bright, carpet-free living room with direct access to the outdoor space and a generous dining area. Two spacious bedrooms include a primary with walk-in closet, along with an updated 4-piece bathroom and convenient in-suite laundry (formerly a 2-piece powder room and easily converted back). Condo fees include heat, hydro, water, exterior maintenance, building insurance and management fees-helping make monthly expenses more predictable. Transit is right across the street, with easy access to the LRT, Hwy 7, Hwy 8 & 401. Just 5 minutes to Fairview Park Mall, approximately 15 minutes to the University of Waterloo, and walking distance to parks and schools. Affordable, low-maintenance living in a convenient location!
Estimate your monthly payments for this property
Estimated Payment
$2,000.39/mo
Includes CMHC insurance ($10,878)
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.
71 Vanier Drive Unit 110, 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 $433/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 19 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 $679/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.