Sold for:Sold Apr 24, 2025
$720,000

Unit 402, 2 Lancaster Street E

Kitchener, ON N2H 6S3

Condo Apartment SoldNot available
Queens Heights exteriorQueens HeightsSee every listing here

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Sale & Price History for Unit 402, 2 Lancaster Street E, Kitchener

2025-03-10
2025-04-24
Sold
Price
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MLS#
x12012796

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 402, 2 Lancaster Street E, Kitchener

Queens Heights Condominium welcomes you to luxury living at its finest. Warm and inviting atmosphere upon entry to this beautiful 4th floor unit. French doors lead into the spacious open concept and elegant shared living and dining room area. Classy crown molding surrounds this beautiful layout as well as floor to ceiling windows, California Sliding shutters, and gleaming hardwood to enjoy. This grand room offers great opportunity for you to entertain family and friends with ease. Just off this room, step into the bright and cheery eat-in kitchen complimented with stainless appliances, ceramic flooring, porcelain backsplash, quartz counters, double stainless sinks, ample counters and cupboards. Sliders from kitchen area to large balcony overlooking City life and sunsets! Take a tour down the hallway wrapped with luxury hardwood underfoot and step into another wing of the unit where you'll find 2 very spacious bedrooms. Both bedrooms have access to private bathrooms and walk in closets. Primary bedroom enjoys a large 6pc ensuite that will surely draw you in. Delight in the walk-in glass shower, whirly tub, double sinks, bidet, and don't forget the heat lamp. This unit is southwest facing allowing for tons of natural light to pour in. Owners, take enjoyment in the heated underground garage with a wash bay. Your oversized storage unit (14'6 x 10'6 ft) is located just off of your owned parking spot. The condominium offers 2 guest suites for your overnight visitors. As well, there is an oversized party room with billiards, a fitness room, an upscale rooftop terrace with 2 BBQs, and beautiful outdoor furniture overlooking a gorgeous City Skyline. The award-winning landscape of this condominium represents the standard of the building.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,379
Land Transfer Tax Fee
$10,875

Condo/Maintenance Fee

Maintenance Fee
$882 /month

Included In Maintenance Fee

  • Building Insurance Included
  • Water Included
  • Parking Included

Rental Items

Rental Equipment
HWT-Electric
Under Contract
Water Softener

Basement Type
Apartment

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Laundry Level
Main Level
Interior Extras
Auto Garage Door Remote, Carpet Free, Intercom, Storage, Water Softener
Fireplace/Stove
No
Elevator
Yes

Exterior Features

Balcony
Open
Exterior Extras
Landscaped

Building Amenities

  • Party Room/Meeting Room
  • Guest Suites
  • Exercise Room
  • Rooftop Deck/Garden
  • Visitor Parking
  • Elevator

Building

Building Type
Condo Apartment
Building Style
1 Storey/Apt
Building Name
Queens Heights
Approx Age
31-50
Condo Corp Number
202

Construction

Exposure
West
Exterior Finish
Stucco (Plaster)
Roof
Tar and Gravel
Foundation Details
Poured Concrete
Special Designation
Other

Inclusions

Inclusions
Carbon Monoxide Detector, Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings

Exclusions

Exclusions
Art fastened to the walls

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Breakfast—
    Main level
  • Primary Bedroom—
    Main level, 5 Pc Ensuite
  • Bedroom 2—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Bathroom—
    Main level, 5 Pc Ensuite

Washrooms

  • 5-piece, Main
  • 4-piece, Main

Municipality
Kitchener
Main cross streets
Queen/Victoria
Zoning
R8
Directions
Victoria St N to Lancaster Street E

MLS® number
X12012796
Data source
Toronto Regional Real Estate Board
Status change
2025-04-24
Listed on
2025-03-10
Days on market
45 days
Possession date
2025-05-01
Possession type
30-59 days
Co-op commission
2.0 plus HST
Seller
Listed by
RE/MAX Solid Gold Realty (II) Ltd

Home Market Value

Current home valuation for Unit 402, 2 Lancaster Street E, Kitchener, , . Listed for $720,000

HOMEH Estimate

?

$625,357

Estimated Sales Range

?

$494,032 - $756,682

HOMEH Estimate for Unit 402, 2 Lancaster Street E, Kitchener

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$625,357Medium confidence
Based on 7 comparable properties
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Minimum down payment

$47,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$26,899$20,088$17,136$0
=Total mortgage
$699,379$668,088$629,136$576,000
Amortization
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%
%
%
Payment frequency
=Mortgage payment
$3,415monthly$3,262monthly$3,072monthly$2,812monthly
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Land Transfer Tax

Provincial

$10,875

Total Land Transfer Tax

$10,875

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