60 CHARLES Street W, Kitchener, N2G0C9
60 CHARLES Street, Kitchener, Ontario N2G0C9
108 GARMENT Street Unit# 2401, Kitchener, N2G0E2
108 GARMENT Street, Kitchener, Ontario N2G0E2
1414 KING Street E Unit# 201, Kitchener, N2G4T8
1414 KING Street, Kitchener, Ontario N2G4T8
#1008 -55 DUKE ST, Kitchener, N2G1A6
55 Duke Street, Kitchener, Ontario N2G1A6
108 GARMENT Street Unit# 606, Kitchener, N2G0E2
108 GARMENT Street, Kitchener, Ontario N2G0E2
108 GARMENT Street Unit# 2410, Kitchener, N2G0E2
108 GARMENT Street, Kitchener, Ontario N2G0E2
Condos for Sale in Downtown Kitchener
Condominiums are more popular than ever and they attract all different types of people, with different lifestyles. The downtown Kitchener area has several condo developments that have gorgeous views and offer everything you might need, just a short distance away.
If you are thinking about purchasing a condo there is much to think about. There is a list of reasons condo living might be perfect for you and some drawbacks that might end up changing your mind. Keep reading to help make your decision a bit easier.
As the biggest city in Waterloo, Kitchener is a highly desirable area to live in. The downtown area is the heart of the city and is known to be vibrant and trendy. The area has several heritage buildings that still draw attention from locals and visitors.
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There are different reasons why someone might choose a condo over a detached home. Here is a list of pros and cons that you should consider:
Pros of Condo Living
Security: Condos offer a sense of security because you need to be able to get into the building before you can enter the suites. Also being higher up gives a certain sense of protection. Often, condo buildings have a security guard or concierge at the front for extra safety.
Gorgeous Views: When you live in a condo there are usually four or more levels. The higher you get, the more beautiful the scenery is. That is why most people enjoy being in the higher suites.
Convenience: Condos are usually built close to restaurants, shopping, schools, parks, and most amenities you need.
Amenities: The list of amenities your building might offer will vary, but there are often many desirable perks, such as a gym on-site, pool, community lounge, and more.
Yearly maintenance: Living in a condo means you don’t have to worry about mowing the lawn on a hot day or back breaking shoveling in the winter.
Less expensive: Condos are often less expensive than buying a larger detached home.
Cons of Condo Living
Condo living is not for everyone. Here are some points to consider:
Space: Condominiums are smaller than the average detached home and the floorplans are strategically laid out to save on space. If you are someone that requires a lot of space, a driveway, or a garage, you won’t find it living in a condo.
Condo Fees: On top of the mortgage or rent you pay for living in a condo, there are also condo fees. This goes towards amenities in the building, keeping it clean and maintained, and that includes landscaping and snow removal.
Parking: Being that there is limited space in a condo building, the same goes for the parking. Often there is one designated spot, which could be outside or underground, and that could also be associated with an extra fee.
Privacy: Your neighbour is beside you and above and below you, depending on which level you live. There are requirements to be respectful to your surrounding neighbours and that means keeping noise levels down. If your suite has an outdoor patio, you are also going to be surrounded by other residents.
Lower resale value: Being that condos are cheaper than houses, that also means they sell at a lower amount. If you are looking for a long-term living arrangement or investment, you don’t have to worry about this as much.
Living Downtown
What you can expect from living in a condo downtown, is of course, the convenience. Most of the condos in the downtown core are high-rise luxury condos and they come with a fair amount of amenities to enjoy.
Living downtown has its list of perks. The neighbourhoods that surround downtown are charming and quaint. There is never a dull moment being close to all the local up and coming spots. Dining, drinks, and all kinds of entertainment are within a walking distance.
The commute is also convenient if you are working downtown.
Some people are turned off of the downtown lifestyle just because it can be crowded during the ‘nine to five’ slots. Traffic and congestion is typically higher during the work rush.
Downtown can be off putting to some with more pollution and less greenspace, but there are some notable parks in the Kitchener downtown.
New Condos in Downtown Kitchener
Station Park – Tower 3 and Tower 4 – 607 King Street West, Kitchener:
These luxury high-rise condos are a walk away from everything you could need. Restaurants, supermarkets, train stations, LRT stops, recreation centres, and parks are all within walking distance. The University of Waterloo and Wilfrid Laurier University are also in close proximity. There are many parks and greenspaces close by. Bechtel Park, Breithaupt Park, and Stanley Park Conservation Area, just to name a few.
Q Condos – 20 Queen Street North, Kitchener:
Located in the downtown area and Kitchener’s Arts District, this 34-story development has some of the best views in the city. You will have all the convenience of the downtown amenities. Surrounded by restaurants, cafes, and bars and steps from Victoria Park, ION rapid transit, theatres and tech companies. The recent addition of the Google Development Headquarters and the future Transit Hub has increased the popularity of this area. This luxury condo building has all the latest amenities to enjoy, including a one of a kind cross training facility.
Tek Tower Condominiums – 30 Francis Street South, Kitchener:
This 44-story high-rise condo building is situated between the Innovation District and Market District, making it a spot for business pioneers of all types. It is conveniently located near everything the city centre has to offer.
Bright Building Condos – 741 King St west Kitchener
This modern style condo building has 18 stories and is only minutes from downtown. They have worked hard to make your life easier. They are excited to offer high-speed elevators, an automatic parcel delivery system, a comfy community lounge area, an outdoor terrace, and more.
Condominium projects are always on the rise and investing in one is a wise choice. With the exponential growth of the real estate market, the profit from renting out a condo would be a great way to invest and make a hefty profit.
Kitchener is a perfect candidate for investment in a condo because of the growing population, including the thousands of students attending, and other working-class individuals relocating to the Kitchener area.
If you have decided condo living might be waiting for you, we can help you with the process. Contact us today!