This bright and accessible ground-floor condo offers the perfect blend of convenience and modern comfort. Featuring upgraded porcelain and laminate flooring throughout, along with timeless shaker-style cabinets in the kitchen and bathroom, the unit has a clean, classic appeal.Designed with mobility needs in mind, it includes handicap-accessible features and a fully accessible main entrance. The ground-floor location provides effortless entry, and the dedicated parking space is located right outside your door.Conveniently situated near public transit, shopping, and the local auditorium, this low-maintenance condo is ideal for first-time buyers, retirees, or anyone seeking easy, accessible living.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $700 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 489 East Ave E #A
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
1 Storey/Apt
Living space
500-599 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Townhouse
489 East Ave E #A Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13241296$349,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 489 East Ave E #A 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
$1,719
/mo
based on the purchase price of $349,900
$69,980 cash
$279,920 financed
$235,766 total interest
Principal54%$279,920
Interest46%$235,766
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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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 1–3 bed homes for sale in Kitchener around $350K.
Average days on market30Homes sold in about 30 days on average.
Sale-to-list ratio100.9%On average, homes sold at or above asking.
Active listings729Homes for sale here right now.
Median vs prior 90 days−1.0%Compared with May 12 – Aug 10, 2026: prices down.
Based on 718 sales from Aug 10 – Nov 8, 2026 (596 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
489 East Ave E #A is listed at $349,900 (MLS® X13241296). Summitly updates the price as soon as the MLS® record changes.
Is $349,900 a good price for 489 East Ave E #A?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 489 East Ave E #A changed?
No — 489 East Ave E #A is still listed at its original asking price of $349,900.
How many bedrooms and bathrooms does 489 East Ave E #A have?
489 East Ave E #A has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo townhouse in Kitchener.
Is 489 East Ave E #A close to transit?
The nearest rapid-transit station is Borden Station (ION), about 640 m (about a 8-minute walk) in a straight line. Kitchener Market Station is about 1.3 km (about a 16-minute walk), and Mill Station is about 1.5 km (about a 18-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 489 East Ave E #A?
About $1,719 a month — principal and interest on $349,900 with 20% down ($69,980), 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 489 East Ave E #A compare with other homes in Kitchener?
Its asking price of $349,900 is about 47% below the median sold price in Kitchener over the last 90 days, $665,000, across 718 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 489 East Ave E #A been sold before?
Summitly has no earlier MLS® sale or lease of 489 East Ave E #A on record from the last two years. Older records aren't shown under TRREB rules.
Where is 489 East Ave E #A?
489 East Ave E #A is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 489 East Ave E #A been on the market?
160 days — 489 East Ave E #A was listed on June 1, 2026.
What is the price per square foot of 489 East Ave E #A?
About $584 to $700 per square foot: the asking price of $349,900 over the 500–599 sq ft the listing gives as its size range.