20 ST GEORGE Street Unit# 311

About this home.

Sandhills Retirement Community (age 50+) - a well-managed, smoke-free, faith-based and nondenominational, not-for-profit community in the Victoria Park Heritage area of downtown Kitchener. Bright 725 sq ft Breithaupt model, 1-bedroom, carpet-free suite with 4-pc bath and sunny south-facing bay window. Freshly painted throughout, with kitchen and bathroom updates (new counters, sinks, taps, toilet). Fridge/stove and washer/dryer included. Individually controlled forced-air heating and A/C. Monthly fee $651.50 includes property taxes; hydro is extra but affordable. Appliance and HVAC repairs/replacement included. Storage locker included; covered parking available ($100/month). Pet-friendly with restrictions. Life Lease - no land transfer tax or legal closing costs. Owner-occupied only, no rentals. Traditional mortgage financing not available. Close to LRT, shopping, Kitchener market, churches, entertainment, performing arts centre, public library, and Victoria Park. Lots of opportunities for residents to socialize with daily activities, community lounge and library. (id:59491)

The full record.

How this listing prices against Downtown/Rockway/S. Ward.

Downtown/Rockway/S. Ward had only 3 sales but 43 active listings, making it one of the softer markets in the city by supply balance. The average price was $522,000, well below the city average, and homes sold in 13 days at 97.75 percent of list, so the few successful listings moved efficiently. The challenge here is depth of demand rather than pricing on the homes that do sell. This is a neighbourhood where condos heavily shape the overall picture.

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