322 - 55 DUKE Street
Kitchener, Ontario
2 bed • 1 bath • Single Family
Investor-ready and lifestyle-focused, this 1-bedroom + den condo at Young Condos offers exceptional value in the heart of downtown Kitchener. Whether you're building a portfolio, buying your first home, supporting a student, or downsizing, this is an opportunity worth your attention. With 647 sq ft of bright, open-concept living, floor-to-ceiling windows, and a private balcony with city views, this modern unit is designed for both comfort and functionality. The versatile den is ideal for a home office, guest space, or added storage—appealing to professionals, students, and downsizers alike. Turnkey investment opportunity with a reliable tenant already in place, plus the added convenience of owned parking and a storage locker. Residents enjoy premium amenities including a fitness centre, rooftop running track, pet spa, and car wash station—features that attract and retain quality tenants. Located just steps to the LRT, restaurants, shopping, Victoria Park, and minutes to local universities, this prime location is ideal for first-time buyers, investors, or parents seeking a low-maintenance home for students. Secure concierge service adds peace of mind. Tenanted unit. Some photos virtually staged.
Price History
Schools
Elementary
- Suddaby Public School0.7 km
Public · Waterloo Region DSB · 505 students
Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Courtland Avenue Public School0.9 km
Public · Waterloo Region DSB · 270 students
- Margaret Avenue Public School0.9 km
Public · Waterloo Region DSB · 310 students
Secondary
- Cameron Heights Collegiate Institute1 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Kitchener Waterloo Collegiate and Vocational School1.5 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Bluevale Collegiate Institute2.7 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
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 N2H
- Population
- 22,456
- Private dwellings
- 11,453
- Median age
- 38.4
- Average household size
- 2.1
- Median household income
- $73,500
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
- 1,924
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,924 recorded sales of single family properties in Kitchener over the last 12 months.
Location
Mortgage Calculator
$73,980
Estimated Monthly Payment
$1,817
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,817/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $92/mo
Estimates only. Consult a financial advisor.
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