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Property Type: Condo / ApartmentOwnership: Condominium
306 - 15 HOFSTETTER AVENUE
Kitchener, ON N2A3Z7
MLS® X14084102
$219,900
2 bed2.5 bath1 parking
Amenities
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $765/mo
- Annual property tax
- $2,021
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Description
CORNER UNIT FACING GREENSPACE! Welcome to Unit 306 at 15 Hofstetter Avenue, a well-maintained 2-bedroom, 2-bathroom condo nestled in Kitchener's desirable Chicopee neighbourhood! Perfect for first-time buyers, downsizers, or investors, this thoughtfully designed unit offers a functional layout that maximizes every square foot of living space. Step inside to discover a bright and inviting open-concept living area, featuring a spacious living room with a cozy wood-burning fireplace, perfect for relaxing evenings at home. The living area flows seamlessly to your private balcony, offering a wonderful outdoor retreat to enjoy your morning coffee or unwind after a busy day. The kitchen features stainless steel appliances and a practical layout, making everyday meal preparation a breeze. Two comfortable bedrooms and two bathrooms provide added convenience and flexibility for a variety of lifestyles. Ideally situated just minutes from Fairview Park Mall, Chicopee Tube Park, shopping, restaurants, parks, and everyday amenities, with easy access to major highways for commuters. Offering an excellent combination of comfort, convenience, and value, this condo is a fantastic opportunity to enjoy low-maintenance living in a well-connected neighbourhood. Don't miss your chance to call this wonderful property home. Schedule your private showing today! (id:63161)
Listing Information
- MLS®
- X14084102
- Data last synced
- October 28, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X14084102
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: 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% ($10,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$175,920.00
Periodic payment — Principal & Interest (monthly)$1,134.98
Additional monthly expenses (condo fees, tax, utilities, etc.)$933.42
Total monthly cost$2,068.39
Interest paid over 5-yr term$50,419.18
Balance at end of term$158,240.61
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$10,995
Stress test qualifying rate8.19%
Payment you must qualify for$1,619.80
Cash Needed at Closing
Minimum down payment$10,995
Estimated Land Transfer Tax (LTT)$1,924
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,419
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.
