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Property Type: Condo / ApartmentOwnership: Condominium
4 AVALON Place Unit# 303
Kitchener, ON N2M4N6
MLS® 40869188
$299,999
3 bed1 bath1 parking1,000 sqft
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $984/mo
- Annual property tax
- $1,817.94
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 8'10'' x 12'1'' |
| Bedroom | Main level | 8'10'' x 12'4'' |
| Primary Bedroom | Main level | 11'6'' x 12'1'' |
| Living room | Main level | 10'10'' x 18'4'' |
| Kitchen | Main level | 8'3'' x 16'3'' |
Description
This recently remodeled 3-bedroom residence is an ideal fit for first-time homebuyers, those looking to downsize, or savvy investors. Step into the inviting layout featuring a generous living room and dinette area, seamlessly connected to a covered balcony overlooking the serene greenspace of Meinzinger Park. Perfect for unwinding after a busy day or soaking in the picturesque surroundings. The modernized kitchen boasts ample storage, appliances including a fridge and dishwasher, elegant countertops, and a tasteful tiled backsplash. With updated flooring throughout, each room flows effortlessly into the next. This unit offers three spacious bedrooms and a well-appointed 4-piece bathroom. Included with the unit are a 4x6 owned storage locker and an exclusive parking spot. Conveniently situated near the expressway and just a brief 10-minute drive from Downtown Kitchener, this condo offers both comfort and accessibility. Don't miss out on this incredible opportunity for affordable homeownership in Kitchener! (id:63159)
Listing Information
- MLS®
- 40869188
- Data last synced
- October 7, 2026
HomeLife Power Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HomeLife Power Realty Inc.
MLS® Number: 40869188
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
$300/sqft
Building average
—
No other active listings in this building
325 - Forest Hill average
$342/sqft
3 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% ($15,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$239,999.00
Periodic payment — Principal & Interest (monthly)$1,548.39
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,185.11
Total monthly cost$2,733.50
Interest paid over 5-yr term$68,784.40
Balance at end of term$215,879.88
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$15,000
Stress test qualifying rate8.19%
Payment you must qualify for$2,209.81
Cash Needed at Closing
Minimum down payment$15,000
Estimated Land Transfer Tax (LTT)$2,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,475
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.
