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Listed 1 month ago

1403 - 5 Wellington Street S

, Kitchener

$399,900

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

**Suite comes with a rare, pre-approved short-term occupancy/Airbnb license** Welcome to Station Park, one of Kitchener's premier condo communities in the heart of the Innovation District. This modern 1-bedroom, 1-bathroom suite with 1 storage locker and 1 underground parking space features a bright open-concept layout, contemporary finishes and stainless steel appliances. Ideally located just steps to Google Canada, Communitech, Deloitte, Kitchener GO Station, VIA Rail, ION LRT, Downtown Kitchener, Victoria Park, restaurants, cafes, shopping, and entertainment. Quick access to Highway 7/8 makes commuting throughout Waterloo Region and the GTA effortless. Residents enjoy exceptional amenities, including a fitness centre, Peloton room, swimming pool, party room, co-working lounge, outdoor BBQ and lounge areas, concierge, and visitor parking. Perfect for first-time buyers, professionals, downsizers, or investors seeking a stylish home in one of Waterloo Region's fastest-growing and most connected neighbourhoods.

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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
Size500-599 sq. ft.
Maintenance Fees$4
LockerOwned
BalconyEnclosed
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,510
mls© NumberX13632338
Listed ByRE/MAX HALLMARK REALTY LTD.
Common Elements Included
Building Insurance 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%
$2,047
Property tax
$209
Heat allowance
$150
Condo fees, half counted
$2
Housing costs
$2,408 / mo

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

Down payment20% · $79,980
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

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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