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Property Type: Condo / ApartmentOwnership: Condominium
283 FAIRWAY Road N Unit# 302
Kitchener, ON N2A2P1
MLS® 40861122
$269,990
2 bed1 bath1 parking946 sqft
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $874/mo
- Annual property tax
- $2,066.82
Maintenance Fee Includes
WaterHeat
Also included: Electricity, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 8'11'' x 11'6'' |
| Bedroom | Main level | 11'7'' x 14'6'' |
| 4pc Bathroom | Main level | — |
| Living room | Main level | 13'0'' x 19'10'' |
| Kitchen/Dining room | Main level | 8'0'' x 16'0'' |
Description
Great starter home! This beautiful, move-in-ready 2-bedroom apartment offers comfort and convenience. Ideally located near the expressway, shopping, public transit, and Chicopee Ski Resort, you'll have everything you need just minutes away. Enjoy your morning coffee or evening relaxation on the recently renovated balcony. Inside, you'll find plenty of natural light, nice flooring, and spacious bedrooms. Hydro, gas and water are already included in the condo fees. Don't miss out—book your showing today. This one won't last long! (id:63159)
Listing Information
- MLS®
- 40861122
- Data last synced
- September 15, 2026
RED AND WHITE REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RED AND WHITE REALTY INC.
MLS® Number: 40861122
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
$285/sqft
Building average
—
No other active listings in this building
228 - Chicopee/Freeport average
$345/sqft
11 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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% ($13,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$215,992.00
Periodic payment — Principal & Interest (monthly)$1,393.51
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,092.83
Total monthly cost$2,486.33
Interest paid over 5-yr term$61,903.93
Balance at end of term$194,285.50
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$13,500
Stress test qualifying rate8.19%
Payment you must qualify for$1,988.76
Cash Needed at Closing
Minimum down payment$13,500
Estimated Land Transfer Tax (LTT)$2,525
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,524
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.
