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Property Type: Condo / ApartmentOwnership: Condominium
283 FAIRWAY Road N Unit# 90
Kitchener, ON N2A2P1
MLS® 40855451
$215,000
2 bed1 bath1 parking767 sqft
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $873/mo
- Annual property tax
- $1,799.68
Maintenance Fee Includes
WaterHeat
Also included: Electricity, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 4'9'' x 7'1'' |
| Bedroom | Main level | 13'8'' x 10'8'' |
| Primary Bedroom | Main level | 13'9'' x 10'2'' |
| Living room | Main level | 19'2'' x 11'1'' |
| Dining room | Main level | 7'4'' x 9'1'' |
| Kitchen | Main level | 11'4'' x 9'1'' |
Description
Welcome to Unit 90 at 283 Fairway Road N! A fantastic opportunity for first-time buyers, downsizers, or investors looking for an affordable condo in a convenient Kitchener location. This bright and spacious 2-bedroom, 1-bathroom unit offers more than 900 sq. ft. of comfortable living space with a practical layout and generously sized rooms. The open living and dining area provides plenty of room to relax and entertain, while the two well-proportioned bedrooms offer flexibility for a growing household, home office, or guest space. Condo fee includes major utilities, helping make monthly expenses more predictable. Enjoy easy access to Fairway Road, River Road, shopping, restaurants, parks, schools, public transit, and major commuter routes. With its combination of space, location, and value, this is an excellent opportunity to get into the Kitchener market or add a solid investment to your portfolio. Don't miss your chance to make this spacious and conveniently located condo your own! (id:63159)
Listing Information
- MLS®
- 40855451
- Data last synced
- September 29, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40855451
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
$280/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: 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.)$1,060.97
Total monthly cost$2,170.66
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.
