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Property Type: Condo / ApartmentOwnership: Condominium
17 PETER Street Unit# 1
Kitchener, ON N2G3J5
MLS® 40743985
$445,000
2 bed1 bath1 parking668 sqftBuilt 2025
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $325/mo
- Annual property tax
- $1,241.01
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 8'6'' x 8'11'' |
| Kitchen | Main level | 8'2'' x 15'7'' |
| Living room | Main level | 8'8'' x 15'7'' |
| Laundry room | Main level | 5'3'' x 7'1'' |
| 4pc Bathroom | Main level | 5'0'' x 8'1'' |
| Primary Bedroom | Main level | 8'6'' x 11'1'' |
Description
For more info on this property, please click the Brochure button. Modern 2-Bedroom Condo with Private Entrance in Downtown Kitchener. Welcome to Unit 1 at Cedar Hill Condos — a newly constructed, boutique-style development offering the perfect mix of urban convenience and contemporary living in the heart of Kitchener. This thoughtfully designed 2-bedroom unit features its own private entrance, an open-concept layout, and stylish finishes throughout. Inside, you’ll find a bright, welcoming living space with oversized windows, luxury vinyl flooring, and a sleek kitchen complete with quartz countertops and backsplash, stainless steel appliances, and modern cabinetry. Both bedrooms are generously sized with large windows and closets, making this home ideal for professionals, couples, or small families. The 4-piece bathroom showcases a clean, modern design and quality fixtures. Additional highlights include in-suite laundry, energy-efficient heating and cooling, and low monthly condo fees. Located just steps from Victoria Park, ION light rail transit, local tech campuses, and all the amenities of downtown Kitchener, this unit is move-in ready and perfectly positioned for connected, walkable city living. Taxed not yet assessed. (id:63159)
Listing Information
- MLS®
- 40743985
- Data last synced
- October 20, 2026
Easy List Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Easy List Realty Ltd.
MLS® Number: 40743985
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$666/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$466/sqft
68 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
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: 5.0% ($22,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$356,000.00
Periodic payment — Principal & Interest (monthly)$2,296.79
Additional monthly expenses (condo fees, tax, utilities, etc.)$461.42
Total monthly cost$2,758.21
Interest paid over 5-yr term$102,030.62
Balance at end of term$320,223.15
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$22,250
Stress test qualifying rate8.19%
Payment you must qualify for$3,277.89
Cash Needed at Closing
Minimum down payment$22,250
Estimated Land Transfer Tax (LTT)$5,375
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,125
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.
