20 ST GEORGE Street Unit# 407

About this home.

Sandhills promote an active adult community with numerous opportunities to socialize, learn and enjoy life. The Schneider Lounge offers a warm gathering place fostering friendships and enjoyable activities. Sandhills provides an affordable living situation for active adults 50+. It’s located steps from the Grand River Transit bus routes, LRT. Sandhills connects residents to the best of Kitchener’s downtown lifestyle and beyond. Here are some of the reasons why to purchase in Sandhills. 1) Lower purchase price. 2) No land transfer tax on the purchase of the lease 3) Reasonable monthly fees - covers property taxes, and maintenance. There is a lounge with a kitchen for coffee and tea. There’s lots happening with daily actives and library too. Close to Your Kitchener Market and Victoria Park. (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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