Property Information:

An exceptional investment in a sought-after community, ideally located beside the vibrant Stanley Park Mall. This well-maintained cooperative building—currently transitioning to full condominium status—offers excellent value, strong amenities, and long-term growth potential. This bright corner suite features wall-to-wall windows, an enclosed patio/balcony, and generous room sizes. Monthly fees are fully inclusive, covering HEAT, HYDRO, WATER, and PROPERTY TAXES, providing peace of mind and predictable budgeting. Residents enjoy a variety of amenities, including an outdoor pool and patio area, party room, games room, exercise room, underground parking, and a storage locker. The location is unbeatable for walkability, transit, and everyday convenience. With the co-op actively converting to condominium status, this unit represents a smart opportunity for future appreciation. As part of the conversion, units cannot be mortgaged until the process is complete, and buyers will provide the required consent. The inclusive fees and transitional phase offer exceptional value for the square footage. The property is tenanted until the end of December, after which it will be delivered vacant. The unit would benefit from painting, some drywall repairs, and general updating—a great chance to customize and add your finishing touches. Don’t miss this rare opportunity to secure a spacious corner suite in a building with strong amenities, inclusive fees, and exciting future potential. 24 Midland Drive, Unit 507 — move in today and invest in tomorrow. (id:27)

Building Features:

Style: Apartment
Building Type: Apartment
Amenities: Exercise Centre, Party Room
Basement Type: None
Construction Material: Concrete block, Concrete Walls
Construction Style - Attachment: Attached
Exterior Finish: Brick, Concrete
Floor Space: 965 sqft
Foundation Type: Poured Concrete
Heating Type: Boiler, Radiant heat
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Refrigerator, Stove

Property Features:

OwnershipType: Cooperative
Property Type: Single Family
Bedrooms: 2
Bathrooms: 1
Amenities Nearby: Park, Playground, Schools, Shopping
Built in: 1970
Condo Fees: $1,240 Monthly
Features: Balcony, Paved driveway, Shared Driveway, Laundry- Coin operated, No Pet Home, Automatic Garage Door Opener
Floor Space (approx): 965 Square Feet
Lot Frontage: 0 Feet
MaintenanceFee Type: Insurance, Common Area Maintenance, Heat, Hydro, Property Management, Water
Pool Type: Inground pool
Storage Type: Locker
Zoning: R2
Sewer: Municipal sewage system
Parking Type: Underground, None, Open
No. of Parking Spaces: 1

Rooms:

Bathroom Main Level Measurements not available
Bedroom Main Level 9'2'' x 13'3''
Primary Bedroom Main Level 10'8'' x 13'3''
Dining Main Level 9'7'' x 7'9''
Living Main Level 12'1'' x 19'6''
Kitchen Main Level 8'8'' x 7'4''

Courtesy of: RE/MAX SOLID GOLD REALTY (II) LTD.

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Demographic Information of 24 MIDLAND Drive Unit# 507, Kitchener, Ontario, N2A 2A8

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$98,083.18

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.66 %

High school certificate or equivalent

33.09 %

Apprenticeship trade certificate/diploma

6.01 %

College/non-university certificate

22.6 %

University certificate (below bachelor)

1.25 %

University Degree

15.39 %

Commuter

Travel To Work

By Car

90.39 %

By Public Transit

3.33 %

By Walking

2.14 %

By Bicycle

0.0 %

By Other Methods

4.14 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.45 %

Houses

53.55 %

24 MIDLAND Drive Unit# 507, Kitchener, Ontario, N2A 2A8