HN
51 David Street 502, Kitchener, ON N2G 1K1, Kitchener, ON
+16 photos
$424,888

51 David Street 502, Kitchener, ON N2G 1K1, Kitchener, ON

Kitchener, ON N2G 1K1
1 bed 1 bath Condo Apartment

About this home

Welcome To Otis In The Park! This luxury boutique residence is located at the doorsteps of Victoria Park. The unit has been upgraded with high end finishes and full-size appliance package. It is wheelchair accessible with an oversized bathroom. Many features including a built-in closet organizer in bedroom, kitchen island, and designer finishes including gold hardware and faucet in kitchen. Close To LRT, restaurants and everything else that vibrant downtown Kitchener has to offer! Parking is NOT included however a spot is available to rent for an extra charge. Resident access to the building leverages high tech service (1Valet) enabling keyless entry with facial recognition. High Speed Internet included in Maintenance Fees.

Property Score

60/ 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
57% 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
-$1,295/mopoor
Estimated -$1,295/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
1.95%poor
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® # X13104656
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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