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Property Type: Condo / ApartmentOwnership: Condominium
1406 - 5 WELLINGTON STREET S
Kitchener, ON N2G0E3
MLS® X13611252
$549,000
2 bed2 bath1 parking
Amenities
GymConcierge
Also listed: Storage - Locker, Recreation Centre
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $683/mo
- Annual property tax
- $3,297 (2026)
Maintenance Fee Includes
Heat
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Flat | — |
| Kitchen | Flat | — |
| Primary Bedroom | Flat | — |
| Bedroom 2 | Flat | — |
| Bathroom | Flat | — |
| Laundry room | Flat | — |
Description
**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 2-bedroom, 2-bathroom suite with 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, cafés, 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. *some photos have been virtually staged* (id:63159)
Listing Information
- MLS®
- X13611252
- Tax assessment year
- 2026
- Data last synced
- September 15, 2026
RE/MAX HALLMARK REALTY LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX HALLMARK REALTY LTD.
MLS® Number: X13611252
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$454/sqft
380 active listing(s)
Parking: 1 stall(s) includedStorage locker: Included
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (condo fees, tax, utilities, etc.)$958.01
Total monthly cost$3,791.58
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$29,900
Stress test qualifying rate8.19%
Payment you must qualify for$4,024.97
Cash Needed at Closing
Minimum down payment$29,900
Estimated Land Transfer Tax (LTT)$7,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,855
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
