85 Duke St 1506

Kitchener, N2H 0B7
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85 Duke St 1506, Kitchener
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
X3707654
MLSID
Contact Us
Property Description
Located In The Heart Of Downtown Kitchener At The Corner Of Duke And Young. Contemprary Design With Spectacular City View.Designed To Be A Landmark Address Across City Hall And Close To Future Lrt Station. The Unit Features Laminate Floor, In Suite Laundry,Granite Counter,Kitchen Island,Underground Parking,Locker,24 Hrs Security And Concierge.It Is Walking Distance To Restaurants, Shops,Kitchener Market, City Hall, Schools Etc.
Extras
Ss Fridge,Stove,Dishwasher,B/I Microwave, Washer & Dryer.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,700 (2016)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Kitchener Market Statistics
Kitchener Price Trend
85 Duke St 1506 is a 1-bedroom 1-bathroom condo listed for sale at $325,900, which is $37,352 (10.3%) lower than the average sold price of $363,252 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $23,414 (6.1%) compared to the previous 30 day period (February 25 - March 25) and down $103,648 (22.2%) from the same time one year ago.
Inventory Change
There were 37 1-bedroom condos listed in Kitchener over the last 30 days (March 26 - April 24), which is up 37.0% compared with the previous 30 day period (February 25 - March 25) and up 117.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($11,184) (3.1%) below asking price over the last 30 days (March 26 - April 24), which represents a $14,192 decrease compared to the previous 30 day period (February 25 - March 25) and ($9,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Kitchener over the last 30 days (March 26 - April 24) stood at 51.4%, up from 44.4% over the previous 30 days (February 25 - March 25) and down from 52.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Kitchener stood at 32 days when successfully sold over the last 30 days (March 26 - April 24), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 People`S Choice Realty Inc., Brokerage
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