Featured Imagery

Exceptional Property

24 MIDLAND Drive, Kitchener

$285,000

1 Bedrooms

1 Bathrooms

455 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

Apartment

Year Built

1968

Square Footage

455 square feet

Bedrooms

1 Bedroom

Bathrooms

1 Bathroom

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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Looking to downsize and want to stay away from the hustle and bustle of downtown? All-inclusive 55+ living 1-bedroom condo located in Stanley Park! This well-maintained unit offers a perfect blend of independence and community, ideal for those seeking a relaxed and engaging lifestyle. The condo features a bright living space, a functional kitchen, ...

MLS Number

40728255

Listed By

CENTURY 21 HERITAGE HOUSE LTD.

Last Updated

Jun 18, 2025, 7:55 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

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Property Specifications

Property Type

Single Family

Architectural Style

Apartment

Year Built

1968

Square Footage

455

Interior Features

Basement

None

Climate Control & Utilities

Heating System

Electric

Air Conditioning

Central air conditioning

Exterior & Surroundings

Exterior Construction

Brick

Foundation

Poured Concrete

Additional Amenities

Refrigerator, Dishwasher, Stove

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 40753608

List Date

Jul 23, 2025, 3:15 p.m.

List Price

$442,900

Property Type

Sale

Bedrooms

Bathrooms

New

MLS# 40728255

List Date

May 16, 2025, 11:37 a.m.

List Price

$285,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.