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 $349,900 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.
Welcome to this beautifully maintained 2-bedroom, 1-bathroom condo in the desirable Forest Hill neighbourhood of Kitchener. Ideal for first-time home buyers, downsizers, or investors, this carpet-free unit has been lovingly cared for and offers comfortable, low-maintenance living. The bright and spacious living room features sliding glass doors leading to a private balcony, creating a welcoming space to relax or entertain. The kitchen comes equipped with a refrigerator and stove, while the in-suite laundry adds everyday convenience. A newly installed split-system heat pump provides efficient heating and cooling year-round, enhancing comfort and energy efficiency. This unit also includes one exclusive outdoor parking space. Conveniently located close to schools, shopping, parks, and other local amenities, with quick access to Highway 8 and seamless connections to Highways 7 and 401. Don't miss this fantastic opportunity to own a move-in-ready home in a great location. Schedule your private showing today!
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Data-driven valuation for 266 Overlea Drive 206, Kitchener, ON N2M 5N2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.
About Purchasing a Home in Kitchener, ON
For a property listed at $349,900 in Kitchener, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.