$360K · 1 bed Condo Townhouse · Kitchener

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About this home

Welcome to 388 Old Huron Road, Unit 24D, located in the desirable Huron Park community of Kitchener. This beautifully maintained 1-bedroom, 1-bathroom lower unit offers exceptional value and functionality, making it an ideal opportunity for first-time buyers, downsizers, and savvy investors. Step inside to discover a bright, open-concept layout featuring a spacious living and dining area seamlessly connected to the kitchen. Large windows allow natural light to pour in, creating a warm and inviti…

Property details

MLS#

X13119290

Status

Buy Now

Beds

Baths

1 full, 0 half

Size

700-799

Style

Stacked Townhouse

Type

Condo Townhouse

Year built

—

Condo corp #: 599
Balcony: None
Locker: None
Fees include: CAC Included, Common Elements Included, Parking Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: —
Cross street: Templewood Dr
Basement: None
Stories: 16
Utilities: —
Laundry: Inside
Interior: Carpet Free, Sump Pump, Water Heater, Water Softener
Parking features: —

Level	Room	Dimensions
Main	Living Room	2.3m × 6.4m
Main	Dining Room	1.8m × 3m
Main	Kitchen	2m × 3.5m
Main	Bedroom	2.9m × 3.6m
Main	Bathroom	1.5m × 0.5m
Main	Utility Room	2.6m × 4.4m

Level

Room

Dimensions

Main

Living Room

2.3m × 6.4m

Main

Dining Room

1.8m × 3m

Main

Kitchen

2m × 3.5m

Main

Bedroom

2.9m × 3.6m

Main

Bathroom

1.5m × 0.5m

Main

Utility Room

2.6m × 4.4m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $360,000✓ $2,795 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,313/mo

incl. closing costs (yr 1)

Annual total

$39,755

year 1

Mortgage only

$1,366/mo

principal + interest

Beyond mortgage

$1,166/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$72,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$233/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,600/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$17/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$3,875

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $16,389/yr

Property taxes17% $6,670/yr

Utilities10% $3,960/yr

Insurance & security4% $1,600/yr

Maintenance9% $3,600/yr

Condo fees6% $2,436/yr

Closing costs13% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$16,389	$1,366/mo
Government & taxes
Property tax	$2,795	$233/mo
Land transfer tax(closing)	$3,875	$323/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,600	$300/mo
Condo fees
Condo / HOA fees	$2,436	$203/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$39,755	$3,313/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 24D

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Annual costs