Real Estate Market Update: Sales of Kitchener Condos in April

Brisk Month for Sales of Kitchener Condos

There were 65 condos sold in Kitchener in April 2010

Of interest to real estate investors, there were 3 sales at the Kaufman Lofts, a complex where several of our clients own rental units. A one bedroom sold for $200,000; another 1bed went for $212,000; and a two bedroom went for $272,500.

This building continues to be very desireable for home buyers and real estate investors due to it’s affordable price for a newer property, great location, and funky feel that appeals to tenants and owners.

The most affordable condominium sold in Kitchener went for $114,000, and the most expensive condo sold in April went for $305,000