283 Fairway Rd Rd N #501 is a 2-bedroom, 1-bathroom condo in Kitchener, listed for $279,000. It has 800-899 sq ft of living space.
1Welcome to this bright and spacious, 2-bedroom condo in Kitchener.
2Find yourself conveniently located near schools, parks, shopping, and public transit, this condo is perfect for first-time buyers, downsizes, or investors.
3Featuring a good sized living space to wind down after a long day in, as well as a modern kitchen with ample cabinet space.
Attention first time home buyers or investors! Welcome to this bright and spacious, 2-bedroom condo in Kitchener. Find yourself conveniently located near schools, parks, shopping, and public transit, this condo is perfect for first-time buyers, downsizes, or investors. Featuring a good sized living space to wind down after a long day in, as well as a modern kitchen with ample cabinet space. This unit is filled with natural light from large windows throughout. The generous-sized bedrooms offer great closet space, while the 4-piece bathroom provides comfort and functionality. Condo fees include Hydro, Water and Building insurance, this ensures worry-free living with all your essential utilities covered. Laundry is available in the building. Prime location as its just minutes to Highway 8, Fairway Mall, Chicopee Park, Grocery stores and schools. Rare to find single car garage which comes with unit. Don't miss this fantastic opportunity.
2 bedrooms, 1 bathroom, about 800 sq ft, works out to roughly $349 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 283 Fairway Rd Rd N #501
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
800-899 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
283 Fairway Rd Rd N #501 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13829910$279,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 283 Fairway Rd Rd N #501 Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,371
/mo
based on the purchase price of $279,000
$55,800 cash
$223,200 financed
$187,993 total interest
Principal54%$223,200
Interest46%$187,993
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Fairway Rd Road North? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 283 Fairway Rd Rd N #501 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 283 Fairway Rd Rd N #501 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kitchener
Other 1–2 bed homes for sale in Kitchener around $279K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio100.7%On average, homes sold at or above asking.
Active listings729Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with May 17 – Aug 15, 2026: prices down.
Based on 720 sales from Aug 15 – Nov 13, 2026 (594 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
283 Fairway Rd Rd N #501 is listed at $279,000 (MLS® X13829910). Summitly updates the price as soon as the MLS® record changes.
Is $279,000 a good price for 283 Fairway Rd Rd N #501?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 283 Fairway Rd Rd N #501 changed?
No — 283 Fairway Rd Rd N #501 is still listed at its original asking price of $279,000.
How many bedrooms and bathrooms does 283 Fairway Rd Rd N #501 have?
283 Fairway Rd Rd N #501 has 2 bedrooms and 1 bathroom, with about 800–899 square feet of living space. It is a condo in Kitchener.
Is 283 Fairway Rd Rd N #501 close to transit?
The nearest rapid-transit station is Fairway Station (ION), about 1.8 km (about a 22-minute walk) in a straight line. Block Line Station is about 3.1 km, and Borden Station is about 3.9 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 283 Fairway Rd Rd N #501?
About $1,371 a month — principal and interest on $279,000 with 20% down ($55,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 283 Fairway Rd Rd N #501 compare with other homes in Kitchener?
Its asking price of $279,000 is about 58% below the median sold price in Kitchener over the last 90 days, $660,000, across 720 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 283 Fairway Rd Rd N #501 been sold before?
Summitly has no earlier MLS® sale or lease of 283 Fairway Rd Rd N #501 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 283 Fairway Rd Rd N #501?
283 Fairway Rd Rd N #501 is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 283 Fairway Rd Rd N #501 been on the market?
50 days — 283 Fairway Rd Rd N #501 was listed on September 24, 2026.
What is the price per square foot of 283 Fairway Rd Rd N #501?
About $310 to $349 per square foot: the asking price of $279,000 over the 800–899 sq ft the listing gives as its size range.
Does 283 Fairway Rd Rd N #501 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
