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Listed 1 month ago

301 - 15 Wellington Street S

, Kitchener

$450,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Welcome to Station Park a premier development delivering upscale urban living in Kitchener's Innovation District. This modern complex features a state-of-the-art fitness center, Peloton studio, swim spa, bowling alley, and an outdoor terrace with BBQs and lounge areas. The building is steps from the LRT, major transit hubs, local dining, Universities and shopping. This beautiful and spacious 2 bedroom and 2 bathroom unit features 10ft ceilings, laminate flooring, large balcony and a short-term occupancy license, legally allowing for Airbnb and short-term rentals managed seamlessly through the Mosino One app. This unit is also situated on the amenities floor with quick access to the fitness centre and peloton studio, It provides the ideal lifestyle for young professionals, urban families, and savvy investors seeking convenience, top-tier amenities, and cash-flow potential.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$671
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,374
mls© NumberX13609034
Listed ByRIGHT AT HOME REALTY
Heat Included
Building Insurance Included
Common Elements Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,303
Property tax
$281
Heat allowance
$150
Condo fees, half counted
$336
Housing costs
$3,070 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $90,000
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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