266 Overlea Drive, Unit 13, Kitchener, ON

$375,000
MLS#:X11922321
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
266 Overlea Drive 404, Kitchener, ON N2M 5N3
⚠️

Property no longer active

This property was sold on January 29, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $375,000 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 700-799 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Storage
  • Efficient baseboard heating via other

Description

Looking for a GREAT starter home? Or "Downsizing"? Convenient and sought-after Forest Hill located Gem in Kitchener. Welcome to this rare find, 266 Overlea Dr. "Midrise Condo" unit nestled in a small, professionally managed complex. Original owners for 25yrs, never rented! This open-concept home features a spacious living room, two good size bedrms, one bathroom, separate in-suite laundry w/ large stackable washer & dryer, storage, and parking spaces included- offering ultimate ease of living. Beautifully maintained, freshly quality painted & carpets professionally cleaned. Spotless unit!! Offering a neutral decor ready for your personal touch. Brand new awesome balconies, w/ Southern Exposure The living rm & Dining rm are bright and spacious. The bright eat-in kitchen comes equipped w/newer appliances, making meal preparation a joy! Very low utility costs - only 128.00 per month. Equal payment billing includes all hydro & hot-water. The designated parking is owned with unit, no additional rental fees. Plenty of visitor parking will make having guests easy. Location is truly unbeatable. Situated adjacent to Super Centre shopping & all top amenities. Spend your time enjoying nature in close by Monarch Woods, try your hand at tennis at Fischer Park or enjoy an easy bike ride along one of the many trails to Victoria Park and downtown Kitchener. Walking distance to great public schools & Forest Heights Collegiate, convenient HWY access & proximity to public transit. Ideal for a first-time buyer looking to step into home-ownership or an investor seeking a lucrative opportunity. Dont miss out on the chance to make this charming condo your own. Available immediately or flexible!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 266 Overlea Drive, Kitchener is currently for sale and has been available on SousaSells for 569 days. This property is listed at $375,000 with an estimated mortgage of $1,248* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 266 Overlea Drive, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Kitchener.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 29, 2025
Sold price information is available to members only
Listed Date1/14/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyWaterloo
Annual Tax$1,744

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeBaseboard
CoolingNone

Features

Property Features

None listed

Interior Features

  • Storage

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 266 Overlea Drive, Unit 13, Kitchener, ON

Q.What is the asking price for 266 Overlea Drive, Unit 13, Kitchener, ON ?

The current listing price for 266 Overlea Drive, Unit 13, Kitchener, ON in Kitchener is $375,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-799 sqft.

Q.What property type and architectural style is 266 Overlea Drive, Unit 13, Kitchener, ON ?

266 Overlea Drive, Unit 13, Kitchener, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Storage.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via None.

Virtual Tour & 3D Walkthrough

Open Tour in New Tab

Location

Initializing map...
266 Overlea Drive, Unit 13, Kitchener, ON

Google Street View

Open in Google Maps

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 266 Overlea Drive 404, Kitchener, ON N2M 5N3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.

Configure Loan Settings

Interest Rate4.00%
Down Payment$112,500 (30.0%)
* Minimum Canadian down payment required for this price is $18,750.
Amortization Period30 Years
Estimated Monthly Payment$1,248Based on a loan of $262,500 over 30 years.
Purchase Price$375,000
Loan Amount$262,500
Provincial Land Transfer Tax:$4,100
Total Estimated Closing Taxes:$4,100

About Purchasing a Home in Kitchener, ON

For a property listed at $375,000 in Kitchener, the legal minimum down payment is $18,750 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 $4,100 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 $4,100.

Kitchener Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$781,951

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Kitchener

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
Rockway
Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8
3.6

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8
Cameron Heights
Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8
7.5

Kitchener Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.