24 MIDLAND Drive Unit# 403, Kitchener, Ontario

$299,000

2 Beds
1 Bath
974 Square Feet

PRICED TO SELL! Are you considering downsizing from your spacious family home? Surprised to discover that the purchase prices rival or exceed your current property's value? Or perhaps shocked to find out that rental rates are soaring above $2500 per month? If you're hesitant to exhaust your home equity on a condominium, Stanley Park Place offers an alternative. With an upfront purchase price less than half the average house value in KW, and monthly fees less than half the rent for a 2-bedroom unit in the area, it could be the perfect retirement solution for you! The monthly fees already include heat, hydro, water and property taxes! If you want to do some updating you'll be pleased to know that there is parquet wood flooring under some of the carpeted areas. The building includes a library, gym, outdoor pool, and community spaces. While presently a 55+ seniors cooperative building (cannot be mortgaged), plans are underway to complete the transition to a standard condominium setup this year —a move poised to increase property values in the future. Don't miss out on this opportunity to not only downsize but also invest in tomorrow. (id:23309)

Listing ID: 40571116
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Storage	Main level	Measurements not available
4pc Bathroom	Main level	Measurements not available
Primary Bedroom	Main level	15'10'' x 9'11''
Bedroom	Main level	15'10'' x 9'11''
Living room	Main level	19'11'' x 12'6''
Dinette	Main level	10'3'' x 7'10''
Kitchen	Main level	8'8'' x 7'5''

Details

Amenities Nearby: Park, Place of Worship, Public Transit, Shopping
Features: Southern exposure, Balcony, Laundry- Coin operated
Maintenance Fee: 1240.38
Maintenance Fee Type: Insurance, Heat, Electricity, Landscaping, Property Management, Water, Parking
Maintenance Fee Payment Unit: Monthly
Ownership: Cooperative
Parking Spaces: 1
Pool: Outdoor pool
Storage: Locker
Transaction: For sale
Zoning Description: R-7

Building

Amenities: Exercise Centre
Appliances: Freezer, Microwave, Refrigerator, Stove
BasementType: None
Bedrooms Main Level: 2
Construction Style Attachment: Attached
Cooling: Wall unit
Exterior Finish: Concrete, Other
Fireplace Present: False
Bathrooms (Total): 1
Heating Fuel: Electric
Size Interior: 974 sqft
Stories Total: 1
Type: Apartment
Utility Water: Municipal water

Land

Amenities: Park, Place of Worship, Public Transit, Shopping
Sewer: Municipal sewage system
Size Frontage: 317 ft

Listing provided by Royal LePage Wolle Realty
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 24 MIDLAND Drive Unit# 403 in Kitchener Ontario, was last modified on April 19th, 2024. Contact Sabrina Essery to schedule a viewing or to find other properties for sale in Kitchener.

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