85 Duke Street Unit 1504, Kitchener

Price: $490,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: X13477332

Right in the heart of the Innovation District, this luxury 15th-floor corner condo dazzles with spectacular dual views and a 65 sqft balcony featuring a custom 6ft privacy screen. The interior is defined by superior quality, boasting Terrawood flooring, 4-inch square edge baseboards, upgraded cabinetry hardware, a ceramic backsplash, and a modern kitchen with a granite island bathed in natural light. A unique built-in speaker system runs throughout the unit, while in-suite laundry adds essential convenience. Located walking distance to Google, the Pharmacy School, and the LRT Hub, this spot is a magnet for young professionals. This is a flexible, turn-key opportunity for investors with a tenant willing to stay, or available with vacant possession for those looking to move in; 24 hours notice required for showings.

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$490,000 - 85 Duke Street Unit 1504, Kitchener

Condo for Sale in Kitchener

Popular Listing
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
X13477332
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RETREND REALTY LTD
Description

Right in the heart of the Innovation District, this luxury 15th-floor corner condo dazzles with spectacular dual views and a 65 sqft balcony featuring a custom 6ft privacy screen. The interior is defined by superior quality, boasting Terrawood flooring, 4-inch square edge baseboards, upgraded cabinetry hardware, a ceramic backsplash, and a modern kitchen with a granite island bathed in natural light. A unique built-in speaker system runs throughout the unit, while in-suite laundry adds essential convenience. Located walking distance to Google, the Pharmacy School, and the LRT Hub, this spot is a magnet for young professionals. This is a flexible, turn-key opportunity for investors with a tenant willing to stay, or available with vacant possession for those looking to move in; 24 hours notice required for showings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.95/mo

Includes CMHC insurance ($13,671)

$
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5-yr fixed avg.

Principal: $441,000Interest: $299,515
Mortgage Amount$454,671
Total Interest$299,515
Est. Property Tax$347/mo
Total Cost$754,186

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

85 Duke Street Unit 1504, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,231

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 $613/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 800 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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    MLS# X13477332 — 85 Duke Street Unit 1504 | Battaglia Team