507 - 24 MIDLAND Drive
Kitchener, Ontario
2 bed • 1 bath • Single Family
An exceptional investment in a sought-after community, ideally located beside the vibrant Stanley Park Mall. This well-maintained cooperative building 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 unit would benefit from general updating, freshly painted and old carpet has been removed—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.
Price History
Schools
Elementary
- St Daniel Catholic Elementary School0.1 km
Catholic · Waterloo CDSB · 590 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 42% met the provincial standard
- St Patrick Catholic Elementary School0.4 km
Catholic · Waterloo CDSB
- Stanley Park Public School0.5 km
Public · Waterloo Region DSB · 370 students
Secondary
- Grand River Collegiate Institute1.2 km
Public · Waterloo Region DSB · 1560 students
Grade 10 literacy: 83% met the provincial standard
- Eastwood Collegiate Institute1.5 km
Public · Waterloo Region DSB · 1270 students
Grade 10 literacy: 84% met the provincial standard
- Rosemount - U Turn School1.7 km
Public · Waterloo Region DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2A
- Population
- 32,454
- Private dwellings
- 12,178
- Median age
- 39.2
- Average household size
- 2.7
- Median household income
- $96,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,928
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,928 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$47,980
Estimated Monthly Payment
$1,179
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,179/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $60/mo
Estimates only. Consult a financial advisor.
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