55 DUKE Street W Unit# 505

About this home.

Elite DTK condo! 505 maximizes utility of the space and achieves a grand feel with the tall ceilings, open concept layout, and unobstructed easterly Kitchener skyline views. This unit sits at the same level as the roof top patio with BBQ access just down the hall. The eat in kitchen with center island, contemporary cabinetry, stainless steel appliances, and quartz countertops is open to the versatile living room space, which sits parallel to the bedroom and both overlook the 204 sq ft private terrace, bringing the total indoor/outdoor size of the unit to 675 sq ft. Click flooring flows throughout the unit. One of the most successfully integrated condo buildings in the downtown core, reconstructing the John Forsyth Shirt Company, Duke Street level façade & capturing the historic landmark while moving the city forward with urban renewal. The building amenities are impressive; a clean and modern lobby with a full-time concierge service, comfortable sitting spaces and open to the ground level state of the art fitness center, complete with heavy bags and exercise bikes surrounded by windows connecting you to the outdoors. Truly unique is your ability to take your fitness journey outside to the 25th floor, roof top running track while you enjoy the stunning 360-degree views. When its time to relax or entertain larger groups, take advantage of the 5th floor, furnished patio and party room, overlooking the Duke Street forecourt. The building also includes car wash station, dog wash station, and artificial turf dog walk. Short walking distance to Victoria park, charming cafés, popular restaurants, boutique shops, and LRT. Downtown Kitchener is changing to become a popular urban center and now is the time to take advantage. Don’t miss out! (id:59491)

The full record.

How this listing prices against Downtown Kitchener/East Ward.

Downtown Kitchener/East Ward had 9 sales and 83 active listings, making it one of the looser markets in the city. The average sale price was $703,767, close to the city median, but homes took 37 days to sell and closed at 96.65 percent of list, which signals slower absorption. This neighbourhood is clearly split between a firmer freehold segment and a much heavier condo inventory. Buyers have choice here, especially in apartments.

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