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Property Type: Condo / Apartment
24 MIDLAND Drive Unit# 503B
Kitchener, ON N2A2A8
MLS® 40858443
$215,000
1 bed1 bath1 parking455 sqftBuilt 1968
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
- Frontage
- 0 feet
R2
Ownership & Fees
- Property type
- Condo / Apartment
Maintenance Fee Includes
WaterManagementHeat
Also included: Common Area Maintenance, Landscaping, Electricity, Insurance, Parking
Interior
- Basement
- None
- Heating
- Baseboard heaters, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 10'7'' x 15'6'' |
| Kitchen | Main level | 9'9'' x 12'8'' |
| Primary Bedroom | Main level | 10'3'' x 8'5'' |
| 4pc Bathroom | Main level | 10'3'' x 5'5'' |
Description
Charming effortless living in this ready to move in space. This 1 bedroom, 1 bathroom home showcases a sun-filled living room, renovated kitchen and bathroom and incredible building amenities. Move in and enjoy the space including the in-ground pool, fitness room and library. Situated in the heart of Stanley Park, you'll appreciate the convenience of nearby shopping, restaurants, parks, walking trails, community centres, places of worship, public transit, and quick access to Highway 7/8. As a co-operative community, the monthly fees include property taxes and utilities, providing exceptional value and predictable homeownership costs. Beautiful easy and affordable living. (id:63159)
Listing Information
- MLS®
- 40858443
- Data last synced
- September 15, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40858443
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
$473/sqft
Building average
—
No other active listings in this building
226 - Stanley Park/Centreville average
$385/sqft
30 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% ($10,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$172,000.00
Periodic payment — Principal & Interest (monthly)$1,109.69
Additional monthly expenses (condo fees, tax, utilities, etc.)$23.00
Total monthly cost$1,132.69
Interest paid over 5-yr term$49,295.69
Balance at end of term$154,714.56
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$10,750
Stress test qualifying rate8.19%
Payment you must qualify for$1,583.70
Cash Needed at Closing
Minimum down payment$10,750
Estimated Land Transfer Tax (LTT)$1,875
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,125
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.
