Homula Realty Brokerage
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24 MIDLAND Drive 403, Kitchener, ON N2A 2A8

2 beds · 1 bath · 1 kitchen · 8 rooms · 2 parking spaces · 900-999 sq ft · Locker · Laundry in building · Co-op Apartment
$299,000

Utilities includedHeat · Water · Hydro

Also includedParking · Building Insurance · Common Elements

Maintenance fee
$1,240 / month
Included in the fee
Heat, Water, Hydro, Parking, Building Insurance, Common Elements

Welcome home! This beautifully updated 2-bedroom, 1-bathroom unit offers an impressive combination of comfort, convenience, and value. Located in the desirable Stanley Park community, this bright corner-site unit has been refreshed with fresh neutral paint, new flooring, crown moulding, and an updated bathroom featuring new tile, sink, fixtures, and a walk-in shower. The functional kitchen includes a pantry and comes complete with fridge, stove, and microwave. Ceiling fans add comfort, while the enclosed porch with windows provides a wonderful bonus space to relax and enjoy throughout the seasons. The monthly fee package offers incredible convenience, including heat, hydro, water, property taxes, two surface parking spaces, and common elements - making this an ideal option for those looking for simple, predictable, turn-key living. This CO-OP building offers an excellent range of amenities, including an entertaining/party room, games/media/exercise room, exclusive storage locker, and outdoor swimming pool. Numerous building updates add to the appeal, including a refreshed foyer entrance, painted hallways, covered front entrance awning, secured entry, garbage chutes, and a designated recycling area. Enjoy a fantastic Stanley Park location close to the expressway, shopping plazas, restaurants, community centre, parks, trails, and everyday amenities. Downsizing or looking for a low-maintenance home? This is an opportunity that delivers comfort, convenience, and exceptional value. *Please note, this building is a Co-operative building and is in the process of transitioning to a Condominium. Property cannot be mortgaged.

MLS number
X13678288
Type
Co-op Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
N2A 2A8
Photos
31
Locker
Yes — Exclusive
Laundry
In Building, Coin Operated, Common Area
Included in the fee
Heat, Water, Hydro, Parking, Building Insurance, Common Elements
31days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Daniel Catholic Elementary School
Waterloo CDSB
Elementary135 m5.8 / 10
58% met the standard
St Patrick Catholic Elementary School
Waterloo CDSB
Elementary344 mNot reported
Stanley Park Public School
Waterloo Region DSB
Elementary499 mNot reported
Franklin Public School
Waterloo Region DSB
Elementary556 m6.4 / 10
64% met the standard
Discipleship Christian SecondarySecondary656 mNot reported
Crestview Public School
Waterloo Region DSB
Elementary726 m6.5 / 10
65% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 466 people.

$60,800Median household income
95.5%Own their home
54.3%Detached houses
58Median age
23.5%Born outside Canada
12.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300445 — the few blocks around this address, home to 466 people. It describes the area, not this property.

466Population
54.7Average age
2Household size
$89,000Average household income
$60,800Median household income
96%Own their home
5%Rent
48%Condominiums
24%Born outside Canada
13%University degree
$496,000Average home value
7%Low income
18%Never married
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9992%
$35,000 to $39,9995%
$40,000 to $44,9995%
$45,000 to $49,9997%
$50,000 to $59,9997%
$60,000 to $69,9995%
$70,000 to $79,9992%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over26%
$100,000 to $124,9995%
$125,000 to $149,9995%
$150,000 to $199,9997%
$200,000 and over7%

Percentages are of the 285 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$59,800 · minimum here is $14,950
$1,323.91per month
Borrowed before insurance$239,200
Total borrowed$239,200
Interest over 25 years at 4.5%$157,972

If you rented it out

-$2,563.91per month out of pocket
Rent$0.00
Everything it costs to hold$2,563.91
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX TWIN CITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.