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Listed 30 days ago

508 - 55 Duke Street W

, Kitchener

$398,888

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

Rarely offered corner suite in the heart of Downtown Kitchener! This spacious 2-bedroom, 2-bathroom unit features 996 sq. ft. of INTERIOR living space plus an incredible 577 sq. ft. private terrace-a rare find perfect for entertaining and outdoor living. Bright open-concept layout with stunning city views. Includes 1 underground parking space and 1 bike locker. Located directly above the LRT and steps to Google, the Tech Hub, Victoria Park, restaurants, shopping, and just minutes to the GO Station. Enjoy premium building amenities including a fitness center, rooftop running track, outdoor dining terrace, yoga space, BBQ area, dog wash station, and more.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$721
LockerOwned
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$466,791
mls© NumberX13640660
Listed ByRE/MAX GOLD REALTY INC.
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%
$2,042
Property tax
$38,899
Heat allowance
$150
Condo fees, half counted
$360
Housing costs
$41,451 / mo

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

Down payment20% · $79,778
25-yr amortization

Income needed

$1,275,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,778

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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