20 ST. GEORGE Street Unit# 404

About this home.

Nestled in the heart of the Victoria Park Heritage District in downtown Kitchener, Sandhills Retirement Community (50+) offers comfortable, carefree living in a well-managed, smoke-free, faith-based yet non-denominational not-for-profit community. This bright and spacious 898 sq. ft. Bricker model features a desirable 2-bedroom layout designed for easy living and everyday comfort. The suite includes fridge, stove, washer, and dryer, along with individually controlled forced-air heating and central air conditioning. The monthly fee of $628.64 plus property taxes covers appliance and HVAC repair or replacement, helping provide added peace of mind, while hydro remains affordable and extra. A storage locker and parking space are also included. Pets are welcome with some restrictions. Residents enjoy an active and engaging lifestyle with daily social activities, a community lounge, and library, all within a warm and welcoming atmosphere. Conveniently located close to the LRT, Victoria Park, churches, shopping, Kitchener Market, the public library, entertainment venues, and the performing arts centre, this location offers exceptional walkability and access to downtown amenities. This is a Life Lease community, meaning there is no land transfer tax or legal closing costs. Please note that residences are owner-occupied only with no rentals permitted, and traditional mortgage financing is not available. (id:59491)

The full record.

How this listing prices against Downtown/Rockway/S. Ward.

Downtown/Rockway/S. Ward had only 3 sales but 43 active listings, making it one of the softer markets in the city by supply balance. The average price was $522,000, well below the city average, and homes sold in 13 days at 97.75 percent of list, so the few successful listings moved efficiently. The challenge here is depth of demand rather than pricing on the homes that do sell. This is a neighbourhood where condos heavily shape the overall picture.

Estimate the monthly carry.