506 - 20 ST GEORGE Street

Nestled in the heart of Kitchener, at the esteemed address of 20 St George Street, this charming apartment for sale in Kitchener offers a delightful living experience tailored for active seniors aged 55 and above. The Sandhills Retirement Community, established in 2001, is a faith-based, multi-denominational not-for-profit organisation dedicated to providing quality housing in a smoke-free and caring environment. This community is home to like-minded residents who appreciate a tranquil and supportive atmosphere.

The building itself is a well-maintained condo apartment that boasts a blend of concrete and brick exteriors, exuding both modernity and charm. This particular unit, with a generous size of 839 sq. ft., features two spacious bedrooms and a well-appointed four-piece bathroom, making it an ideal choice for those seeking comfort and convenience. The apartment for sale in Kitchener is unfurnished, allowing you the freedom to personalise the space to your liking.

As you enter the apartment, you will be greeted by a bright and airy living space, enhanced by large windows that invite natural light to fill the rooms. The flat kitchen is equipped with essential appliances, including a washer/dryer, fridge, stove, and dishwasher, ensuring that daily tasks are effortless. The central air conditioning system provides a refreshing escape during warmer months, while the forced air heating system guarantees a cosy atmosphere in the cooler seasons.

One of the standout features of this apartment for sale in Kitchener is the large master bedroom, which is spacious enough to accommodate a king-sized bed, perfect for restful nights. The second bedroom offers additional versatility, whether it be for guests or as a study. The absence of a den and family room allows for a more open and flowing layout, making the most of the available space.

The building comprises a total of six rooms, and while there is no garage space included with the unit, residents have the option to secure underground garage parking for an additional fee of £100 per month. This convenience is particularly beneficial given the bustling nature of downtown Kitchener, where you will find a wealth of amenities just a stone's throw away.

Living at 20 St George Street, Kitchener, means being part of a vibrant community. The Victoria Park area is renowned for its heritage buildings and offers a plethora of nearby attractions, including numerous churches, shopping centres, entertainment venues, and the performing arts centre. The local library and LRT transit options further enhance the appeal of this location, making it easy to explore all that Kitchener has to offer.

It's important to note that this apartment for sale in Kitchener operates under a life lease model, which means there are no land transfer taxes or legal closing costs to worry about. However, it is essential that the unit is owner-occupied, as rental units are not permitted within the building. This policy fosters a close-knit community atmosphere, ensuring that all residents are invested in the wellbeing of their neighbours.

Monthly payments for this delightful apartment are set at £690, which includes property taxes, while utilities are extra but remain affordable due to the high-quality construction of the building. Residents can rest easy knowing that they will not face unexpected repair or replacement costs for appliances or HVAC equipment.

In summary, if you are searching for an apartment for sale in Kitchener that combines comfort, community, and convenience, look no further than 20 St George Street. With its spacious layout, prime location, and supportive environment, this property is truly a gem for those seeking an enriching lifestyle in their golden years. Don’t miss out on the opportunity to make this wonderful apartment your new home!

Schools in the Neighbourhood

This property is ideally located near several reputable educational institutions, making it a great choice for families. Within just 0.8 km, you will find Suddaby Public School, offering both English and French instruction for grades JK to 6, with a commendable rating of 4.7. Courtland Senior Public School, also within 0.6 km, caters to grades 7 and 8, although it currently has no rating. For secondary education, Cameron Heights Collegiate Institute, located 0.8 km away, boasts a solid rating of 7.6 for grades 9 to 12. Kitchener-Waterloo Collegiate and Vocational School, situated 1.7 km from the property, offers French instruction for grades 9 to 12 and has a rating of 6.7. Additionally, St. John Catholic Elementary School and St. Anne Catholic Elementary School provide Catholic education options within 1.5 km and 1.6 km, respectively, with ratings of 4.4 and 5.4. St. Mary's High School, located 3.6 km away, serves grades 9 to 12 and has a rating of 6.1. This diverse range of schools ensures excellent educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 563 residents, with an average household size of 1.6 individuals. The demographic profile indicates a mature population, with an average age of 53 years. The average household income stands at $70,000, although 17.6% of the population is classified as low-income. The real estate market reflects an average property price of $328,000, with a significant portion of the community being single individuals, comprising 54.21% of the population. Households with children are relatively rare, making up only 10% of the total. The area is home to a diverse community, with 22.13% of residents being immigrants. Renting is prevalent, with 48.65% of the population living in rental properties, and condos dominate the housing landscape, accounting for 77.03% of residences. Education levels are high, as evidenced by 63.56% of residents holding a college or university degree. However, it is noteworthy that a significant portion of the population, 51.69%, is not participating in the labor force, indicating potential economic challenges within the community. Overall, this area presents a unique blend of demographics, with a focus on single living and a high level of education.