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322 - 55 Duke Street

322 - 55 Duke Street

Kitchener, ON

  • 1 bed
  • 1 bath
  • approx. 600-699 sqft
  • Condo Apartment
  • 117 days on market
$369,900

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.

Listing Details

Taxes (2025)
$3,459
Listed
May 7, 2026

Price History

Property

Style
1 Storey/Apt
Construction
Concrete Poured
Interior
Auto Garage Door Remote, Carpet Free, Separate Heating Controls, Storage Area Lockers

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Young St.
Zoning
SGA-4;SGA-2
Parcel Number
237750265
Possession
Flexible
Occupancy
Tenant

Condo

Maintenance Fee
$488/month
Fee Includes
Heat Included, Common Elements Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
Owned
Balcony
Open

Schools

Elementary

  • Margaret Avenue Public School0.8 km

    Public · Waterloo Region DSB · 310 students

  • King Edward Public School0.9 km

    Public · Waterloo Region DSB · 380 students

    Grade 3 reading: 55% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • Suddaby Public School1 km

    Public · Waterloo Region DSB · 505 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 58% met the provincial standard

Secondary

  • Kitchener Waterloo Collegiate and Vocational School1.1 km

    Public · Waterloo Region DSB · 1650 students

    Grade 10 literacy: 88% met the provincial standard

  • Cameron Heights Collegiate Institute1.5 km

    Public · Waterloo Region DSB · 1765 students

    Grade 10 literacy: 90% met the provincial standard

  • Bluevale Collegiate Institute2.4 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

Residential Condo & Other in Kitchener · last 12 months

Median sold price
$665,000
Homes sold
1,925
Median days on market
20
Sale-to-list price
100.9%

Based on 1,925 recorded sales of residential condo & other properties in Kitchener over the last 12 months.

Rooms

4-piece

Main

  • Bathroom8' x 4'11"
  • Bedroom10' x 11'11"
  • Den10'2" x 6'9"
  • Kitchen11'6" x 15'10"
  • Living Room10'3" x 12'5"

Listed by

REAL BROKER ONTARIO LTD.

Walk Score

97

Walk

65

Transit

93

Bike

Scores by Walk Score®

Mortgage Calculator

$73,980

Estimated Monthly Payment

$1,817

Land transfer tax

Estimated land transfer tax$4,024

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,817/mo (20% down, 5.5%)

Taxes: $288/mo · Insurance: $92/mo

Maint: $488/mo

Estimates only. Consult a financial advisor.

R

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