24 Midland Drive, Unit 509, Kitchener, ON
Property Highlights
Welcome to this remarkable Apartment co-ownership apartment located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1000-1199 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Workbench
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
#509-24 Midland Drive offers exceptional living in the heart of Kitchener. This beautifully updated and freshly painted suite features 1,136 sq. ft. of bright, open-concept living with solid floors throughout. At the end of the hall are two spacious bedrooms, each with large closets and oversized windows, along with a well-appointed bathroom. Every room is filled with natural light thanks to the unit's expansive windows, and the impressive 6' x 42' four-season sunroom extends the living space while creating the perfect spot to relax year-round. Residents enjoy access to excellent amenities including a large outdoor pool with a gazebo and BBQ area, a workout room, games room/library, coin laundry, mailroom, ample parking, and a storage locker. The building is in the final stages of converting from Tenancy in Common to Condominium ownership, giving owners peace of mind and long-term value. Monthly fees conveniently include heat, hydro, water, maintenance, and property taxes, making this a truly rare opportunity for comfortable, low-maintenance living in an incredibly convenient location.
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Property Summary
This condo apartment located at 24 Midland Drive, Kitchener is currently for sale and has been available on SousaSells for 5 days. This property is listed at $299,000 with an estimated mortgage of $995* per month. It has 2 beds, 1 bathroom, and is 1000-1199 square feet. 24 Midland Drive, Kitchener
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •1000-1199 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Kitchener.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
- Primary Bedroom - Main Floor
- Workbench
- Wheelchair Access
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 24 Midland Drive, Unit 509, Kitchener, ON
Q.What is the asking price for 24 Midland Drive, Unit 509, Kitchener, ON ?
The current listing price for 24 Midland Drive, Unit 509, Kitchener, ON in Kitchener is $299,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 1000-1199 sqft.
Q.What property type and architectural style is 24 Midland Drive, Unit 509, Kitchener, ON ?
24 Midland Drive, Unit 509, Kitchener, ON is a Co-Ownership Apartment (Apartment) featuring a Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Primary Bedroom - Main Floor, Workbench, Wheelchair Access.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Wall Unit(s).
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Pricing & Value Insights
Data-driven valuation for 24 Midland Drive 509, Kitchener, ON N2A 2A8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kitchener, ON
For a property listed at $299,000 in Kitchener, the legal minimum down payment is $14,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,960 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,960.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.