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For SaleCondo Apt · 1 Storey/AptMLS® #X14177556 · TRREB MLS®

406-55 Green Valley Dr, Kitchener, Ontario

Kitchener, Ontario N2P 1Z6

Bedrooms
2
Bathrooms
2
Type
Condo Apt
Basement
None

$270,000

Estimated market value

About 406-55 Green Valley Dr

406-55 Green Valley Dr is a 2-bedroom, 2-bathroom condo in Kitchener, listed for sale at an asking price of $270,000 (MLS® X14177556).

Welcome to 55 Green Valley Drive #406 in Kitchener! This fantastic condo unit is spacious and boasts a generous floor plan throughout. Perfect for first-time buyers, downsizers, and investors alike. As you enter the unit, you will immediately notice the floor-to-ceiling windows welcoming you into the sunlit space. The kitchen features a spacious layout large enough for an eat-in table, complete with ample cabinetry and tile flooring. The combined living and dining room offers laminate flooring and floor-to-ceiling windows. The primary retreat boasts broadloom carpeting, a spacious 4-piece bathroom, and a large walk-in closet. The second bedroom is generously sized and features broadloom carpeting and picture windows, with access to the main 4-piece bathroom. This condo unit offers the opportunity to enjoy it as-is or upgrade it to your liking! **Complete with an underground parking spot**, this is the perfect opportunity to get into the market with low condo fees and excellent amenities.

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Covers costs
    62out of 100

    +$34/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 95 condos with 2 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$2,334 / 2026
MLS® number
X14177556
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
31-50
Days on market
Size
900-999 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: Royal LePage Real Estate AssociatesData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 406-55 Green Valley Dr, Kitchener, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$270,000—For SaleX14177556

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Municipality
Kitchener

Building

Size
900-999 sqft
Building Age
31-50
Construction
Stucco/Plaster

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc, 1 × 4pc
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Window Unit
Heating Type
Baseboard

Additional

Fireplace
No
Den
No
Family room
No
Extras
Stove, Washer/Dryer, Dishwasher.
Condo maint.
$540

Rooms

RoomSizeFeaturesLevel
Foyer2.64 × 2.18 m—Main
Kitchen3.1 × 3.36 m—Main
Dining3.23 × 3.4 m—Main
Living4.19 × 3.4 m—Main
Br4.32 × 3.61 m—Main
Bathroom2.44 × 1.09 m4 Pc BathMain
Primary5.16 × 3.53 mW/I ClosetMain
Bathroom2.49 × 1.57 m4 Pc EnsuiteMain
Utility1.32 × 1.65 m—Main

Map and tour

Condos for sale in Kitchener right now

For sale now
156
Median asking price
$350K

Middle half: $300K to $399K

This home is asking 23% below the median, lower than three quarters of them.

See all homes in Kitchener

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$2,525
Total land transfer tax
$2,525
First-time buyer rebates (Ontario up to $4,000)
−$2,525
Total for first-time buyers
$0
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $270,000
$300
Ontario total
$2,525

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Timothy Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8900 m80%Grade 6 average
Pioneer Park Public SchoolWaterloo Region DSBPublic · grades JK–61.1 km64%Grade 6 average
St Kateri Tekakwitha Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81.6 km70%Grade 6 average
ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–64.4 km61%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Huron Heights Secondary SchoolWaterloo Region DSBPublic · grades 9–122.9 km61%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–124 km70%Grade 9 math
St Mary's High SchoolWaterloo CDSBCatholic · grades 9–124 km48%Grade 9 math
ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–124.9 km70%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
FairwayGRT light rail: ION light rail2.9 km
Block LineGRT light rail: ION light rail3.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $54,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$54,000
Total mortgage amount
$216,000
Total interest payment
$153,600
Total purchase cost
$423,600
Mortgage payment
$1,232/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

18%

Monthly carrying cost

$1,966
$34per month
  • Carrying cost $1,966
  • Surplus $34

Rental income opens at $2,000, the median asking rent of 95 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.

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Sold prices in Kitchener are shown to signed-in members.

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