HN
15 Wellington Street, Kitchener, ON N2G 0E3, Kitchener, ON
+5 photos
$379,950

15 Wellington Street, Kitchener, ON N2G 0E3, Kitchener, ON

Kitchener, ON N2G 0E3
1 bed 1 bath Condo Apartment

About this home

Experience contemporary city living in this thoughtfully designed 1-bedroom condo offering a functional layout and bright, open living space. Large windows and a private balcony bring in abundant natural light, creating a warm and inviting atmosphere. Located in a dynamic and growing urban community, this home is surrounded by modern developments, retail, dining, and everyday conveniences. Enjoy easy access to nearby parks, transit options including the LRT, healthcare facilities, and key employment hubs. Residents benefit from a range of premium building amenities such as a fully equipped fitness centre and dedicated wellness spaces. Includes one underground parking space and a locker. Currently tenanted with a reliable (AAA) tenant paying $1,800 per month plus utilities. An excellent opportunity for investors seeking steady rental income in a prime location

Property Score

62/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
75/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
51% of city avgexcellent
Priced below Kitchener's average of $745,000.
Appreciation Trend
+1.7%/yrgreat
Kitchener has seen +1.7% YoY price change.
Monthly Cash Flow
-$1,012/mopoor
Estimated -$1,012/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.41%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13089496
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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