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 $225,000 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
- Ample parking with 0.0 garage spaces (2.0 total parking spaces)
- Notable attributes: Carpet Free, Primary Bedroom - Main Floor, Workbench
- equipped with wall unit(s) central cooling and highly efficient radiant heating via gas
Description
Welcome to Unit 509 at Stanley Park Place, a well-run 55+ community in the heart of Kitchener. At 1,136 sq ft, this 2 bedroom suite is far larger than a typical apartment. It has an open-concept living and dining area, two generous bedrooms with large closets, and a full 4-piece bathroom. The standout feature is the four-season sunroom running about 42 feet along the unit. It fills the home with natural light and gives you a bright spot to read, garden or relax all year. The suite is freshly painted and move-in ready. Monthly fees of $1,230.48 cover heat, hydro, water, property taxes, building insurance, parking and maintenance. That means one predictable payment and no surprise bills. You also get exclusive parking and an exclusive storage locker. Residents enjoy an outdoor pool, a gazebo and BBQ area, a workout room, a games room and library, a party room, coin laundry, and a social calendar that includes potlucks and clubs. You're close to Ottawa St N shopping, transit, places of worship and everyday amenities. The building is a Tenancy in Common in the final stages of converting to a registered condominium, which offers long-term value for buyers who get in now. Book your private showing today.
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Property Summary
This condo apartment located at 24 Midland Drive, Kitchener is currently for sale and has been available for 1 day. This property is listed at $225,000 with an estimated mortgage of $749* 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
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Kitchener?
If you are looking for a house in Kitchener or researching Kitchener real estate for sale, this 2-bedroom condo apartment at 24 Midland Drive, Unit 509, Kitchener, ON offers an exceptional opportunity to buy a home in Kitchener, Ontario. Whether you are a first-time Kitchener home buyer or comparing active Kitchener MLS® homes for sale, working with a dedicated Kitchener buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Kitchener realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Kitchener Buyer Budget & Costs
Estimated mortgage: $749*/month*. Estimated Ontario Land Transfer Tax: $1,975. First-time Kitchener home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Kitchener
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 $225,000.
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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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Kitchener, Kitchener
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 24 Midland Drive 509, Kitchener, ON N2A 2A8
Based on 0 recent similar sales in the pocket.
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 $225,000 in Kitchener, the legal minimum down payment is $11,250 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 $1,975 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 $1,975.
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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.
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