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Property Type: Condo / ApartmentOwnership: Condominium
71 VANIER Drive Unit# 110
Kitchener, ON N2C1J4
MLS® 40857539
$389,900
2 bed1 bath1 parking968 sqftBuilt 1977
Amenities
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
- Frontage
- 0 feet
R2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $697/mo
- Annual property tax
- $1,587
Maintenance Fee Includes
Heat
Also included: Electricity, Insurance
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Laundry room | Main level | 7'2'' x 8'0'' |
| Bedroom | Main level | 9'0'' x 11'4'' |
| Primary Bedroom | Main level | 10'11'' x 14'2'' |
| Kitchen | Main level | 7'7'' x 7'10'' |
| Living room | Main level | 14'8'' x 15'7'' |
| Dining room | Main level | 7'10'' x 8'8'' |
Description
Affordable, Move-In Ready & Packed with Value! This spacious main-level condo features a private terrace, perfect for relaxing or entertaining. Inside, enjoy an updated kitchen with quartz counters, stainless steel appliances and undermount sink, plus a bright, carpet-free living room with direct access to the outdoor space and a generous dining area. Two spacious bedrooms include a primary with walk-in closet, along with an updated 4-piece bathroom and convenient in-suite laundry (formerly a 2-piece powder room and easily converted back). Condo fees include heat, hydro, water, exterior maintenance, building insurance and management fees—helping make monthly expenses more predictable. Transit is right across the street, easy access to the LRT, Hwy 7, Hwy 8 & 401. Just 5 minutes to Fairview Park Mall, approximately 15 minutes to the University of Waterloo, and walking distance to parks and schools. Affordable, low-maintenance living in a convenient location! (id:63159)
Listing Information
- MLS®
- 40857539
- Data last synced
- September 27, 2026
RE/MAX Escarpment Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Escarpment Realty Inc.
MLS® Number: 40857539
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
$403/sqft
Building average
—
No other active listings in this building
327 - Fairview/Kingsdale average
$344/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
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$311,920.00
Periodic payment — Principal & Interest (monthly)$2,012.40
Additional monthly expenses (condo fees, tax, utilities, etc.)$877.25
Total monthly cost$2,889.65
Interest paid over 5-yr term$89,397.17
Balance at end of term$280,573.05
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,872.02
Cash Needed at Closing
Minimum down payment$19,495
Estimated Land Transfer Tax (LTT)$4,324
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,319
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.
