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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X14142712For SaleCondominium

503B-24 Midland Dr

Kitchener, Ontario N2A 2A8

Map
1 / 12
503B-24 Midland Dr, Kitchener, photo 1
Asking$214,700
Bedrooms
1
Bathrooms
1
Size
0–499sq ft
Per sq ft
$430at the range’s middle
Parking
1none
Days on market
Members

The brief

About 503B-24 Midland Dr

503B-24 Midland Dr is a 1-bedroom, 1-bathroom condo in Kitchener, listed for sale at an asking price of $214,700 (MLS® X14142712).

INCREDIBLE PRICE AND ALL UTILITES and property taxes included in current monthly fee. Charming effortless living in this ready to move in space. This 1 bedroom, 1 bathroom home showcases a sun-filled living room, renovated kitchen and bathroom and incredible building amenities. Move in and enjoy the space including the in-ground POOL, FITNESS room and LIBRARY. Situated in the heart of Stanley Park, you'll appreciate the convenience of nearby shopping, restaurants, parks, walking trails, community centres, places of worship, public transit, and quick access to Highway 7/8. As a co-operative community, the monthly fees INCLUDE ALL property taxes and utilities, providing exceptional value and predictable homeownership costs. Beautiful easy and affordable living.

Insights

  • Condition Score

    Good

    1 documented update signal

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

  • Cashflow Quality

    Near break-even

    −$24/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 71 condos with 1 bedroom for lease in Kitchener right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

MLS® number
X14142712
Board
TRREB MLS®
Property Type
Co-Op Apt
Days on market
Size
0-499 sqft
Listed on
Parking
None, 1 Parking
Listing brokerage: ROYAL LEPAGE WOLLE REALTYData 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.

Property details

Property

Property Type
Co-Op Apt
Style
Apartment
Municipality
Kitchener

Building

Size
0-499 sqft
Construction
Brick

Inside

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

Parking

Garage Type
None
Additional Parking
1
Total Parking
1

Utilities

Cooling
None
Heating Type
Baseboard

Additional

Fireplace
No
Den
No
Family room
No
Extras
Dishwasher, Refrigerator, Stove
Condo maint.
$794

Rooms

RoomSizeFeaturesLevel
Bathroom3.12 × 1.65 m4 Pc BathMain
Primary3.12 × 2.57 m—Main
Kitchen2.97 × 3.86 m—Main
Living3.23 × 4.72 m—Main

Listing history

Buy/sell history for 503B-24 Midland Dr, Kitchener, Ontario

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

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$214,700N/AFor SaleX14142712

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $42,940

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
$42,940
Total mortgage amount
$171,760
Total interest payment
$122,240
Total purchase cost
$336,940
Mortgage payment
$980/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

22%

Monthly carrying cost

$1,774
−$24per month
  • Rent $1,750
  • Shortfall $24

Rental income opens at $1,750, the median asking rent of 71 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$1,872
Total land transfer tax
$1,872
First-time buyer rebates (Ontario up to $4,000)
−$1,872
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 $214,700
$1,597
Ontario total
$1,872

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

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 Kassaundra Dobson, Broker of Record for a full comparative market analysis.

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.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

12 records · 5 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 4.0 kmA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at a household 60 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation2

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m8 test or monitoring holes also recorded.250 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 4.0 km4 km

Province of Ontario open data

Around the home1

  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Woodbridge Foam Corp. — Morval, 2.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 60 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (60 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.60 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Kitchener right now

For sale now
158
Median asking price
$350K

Middle half: $300K to $399K

New in 7 days
15

65 in 28 days

Price cuts
20%

31 listings

This home is asking 39% 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.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
BordenGRT light rail: ION light rail2.4 km
Kitchener MarketGRT light rail: ION light rail2.9 km
MillGRT light rail: ION light rail3 km
FairwayGRT light rail: ION light rail3 km
Kitchener GOGO Transit train: Kitchener3.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
St Daniel Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8150 m65%Grade 6 average
St Patrick Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8350 m—
Franklin Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion550 m63%Grade 6 average
ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–65.5 km61%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Grand River Collegiate InstituteWaterloo Region DSBPublic · grades 9–121.2 km58%Grade 9 math
Eastwood Collegiate InstituteWaterloo Region DSBPublic · grades 9–121.5 km42%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–123.3 km70%Grade 9 math
Notre Dame Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–123.6 km—

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.

The verdict

Similar Active Listings

Recently sold nearby

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

Email Kassaundra Dobson, Broker of Record