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Property Type: Condo / ApartmentOwnership: Condominium
489 EAST Avenue Unit# A
Kitchener, ON N2H1Z7
MLS® 40835479
$349,900
1 bed1 bath1 parking500 sqftBuilt 2013
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
C7
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $585/mo
- Annual property tax
- $2,483
Maintenance Fee Includes
Management
Also included: Insurance, Parking
Interior
- Basement
- None
- Heating
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Living room | Main level | 11'11'' x 15'4'' |
| Kitchen | Main level | 9'9'' x 11'4'' |
| Bedroom | Main level | 11'7'' x 11'3'' |
Description
This bright and accessible ground-floor condo offers the perfect blend of convenience and modern comfort. Featuring upgraded porcelain and laminate flooring throughout, along with timeless shaker-style cabinets in the kitchen and bathroom, the unit has a clean, classic appeal.Designed with mobility needs in mind, it includes handicap-accessible features and a fully accessible main entrance. The ground-floor location provides effortless entry, and the dedicated parking space is located right outside your door.Conveniently situated near public transit, shopping, and the local auditorium, this low-maintenance condo is ideal for first-time buyers, retirees, or anyone seeking easy, accessible living. (id:63159)
Listing Information
- MLS®
- 40835479
- Data last synced
- September 15, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40835479
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
$700/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$465/sqft
68 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% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (condo fees, tax, utilities, etc.)$816.71
Total monthly cost$2,622.66
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$17,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,577.38
Cash Needed at Closing
Minimum down payment$17,495
Estimated Land Transfer Tax (LTT)$3,724
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,719
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.
