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Property Type: Condo / ApartmentOwnership: Condominium
55 GREEN VALLEY Drive Unit# 708
Kitchener, ON N2P1Z6
MLS® 40858511
$315,000
1 bed1 bath1 parking765 sqftBuilt 1989
Amenities
Gym
Also listed: Car Wash, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R2DC5
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $384/mo
- Annual property tax
- $1,935.6
Interior
- Basement
- None
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- Wall unit
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 7'6'' x 5' |
| Primary Bedroom | Main level | 11'2'' x 13'5'' |
| Living room | Main level | 11'6'' x 15'11'' |
| Dining room | Main level | 11'5'' x 9'11'' |
| Kitchen | Main level | 11'4'' x 10'3'' |
Description
Infused with personality and a stylish pop of colour, this 1-bedroom, 1-bathroom condo at 55 Green Valley Drive blends low condo fees with amazing living. Backing directly onto scenic green space and nature trails, you can enjoy serene natural views while remaining just minutes from Conestoga College, local shopping, top schools, and everyday amenities. The unit comes complete with a dedicated garage parking spot, while the building boasts exceptional perks including an in-ground pool, relaxing sauna, fully equipped gym, and a convenient indoor car wash station - making this turn-key home an ideal choice for first-time buyers, students, or savvy investors looking for a space with real charm. *Measurements as per Iguide (exterior area) (id:63159)
Listing Information
- MLS®
- 40858511
- Data last synced
- September 15, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40858511
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
$412/sqft
Building average
—
No other active listings in this building
335 - Pioneer Park/Doon/Wyldwoods average
$480/sqft
22 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% ($15,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$252,000.00
Periodic payment — Principal & Interest (monthly)$1,625.82
Additional monthly expenses (condo fees, tax, utilities, etc.)$583.30
Total monthly cost$2,209.12
Interest paid over 5-yr term$72,223.92
Balance at end of term$226,674.82
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$15,750
Stress test qualifying rate8.19%
Payment you must qualify for$2,320.31
Cash Needed at Closing
Minimum down payment$15,750
Estimated Land Transfer Tax (LTT)$3,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,450
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.
