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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 44 daysPrice drop · $40,000 off (-6.8%)

    Unit 207 — 51 David Street

    Kitchener, ON·N2G 0E8·Near COURTLAND & DAVID

    • 2 beds
    Kitchener real estate›X13084692
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Sellers will pay $1,000/month toward your mortgage for 2 years! Stylish Downtown Boutique Living at OTIS ON THE PARC - 51 David St. Unit #207. A contemporary gem that pays tribute to Downtown Kitchener's most desirable neighbourhood - Victoria Park - with thoughtful architecture and stunning views. This FULLY FURNISHED, modern 1,348 sq. ft. two-story unit offers an open concept design and the perfect blend of stylish finishes and functional living. The spacious main level includes a cozy living area, a fully equipped sleek kitchen featuring a large island perfect for entertaining, a convenient 2-piece bathroom and a functional laundry room. Enjoy your morning coffee on the private balcony with views of Victoria Park, nature and downtown. Upstairs, you'll find two large bedrooms, each with their own spacious closets and private ensuite baths. This boutique condo boasts controlled entry, elevators, and an industrial water softener ensuring your comfort and peace of mind. High-speed internet and indoor parking is included, with one dedicated spot in the highly innovative, state-of-the-art underground, stacked parking garage providing safe and luxurious storage for your vehicle that can be controlled with your smart phone. Whether you're a first-time buyer, downsizer, or city enthusiast, this home checks all the boxes. Otis is perfectly located within steps of anything you will ever need, downtown Kitchener's vibrant amenities, including trendy restaurants and entertainment, shops, parks, transit, schools and business centers. Don't miss out, this unit even comes fully furnished!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 17, 2026Price reducedCurrentReduced$549,900−$40,000 (6.8%)X13084692This page
    May 5, 2026ListedCurrentFor sale$589,900 —X13084692This page
    Sep 5, 2025Previously listedTer$739,000 —X12384698View
    May 13, 2025Previously listedExp$739,000 —X12144196View
    Feb 6, 2025Previously listedExp$739,000 —X11961354View
    Dec 18, 2024Previously listedTer$759,000 —X11896273View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 207 — 51 David Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    • School
    • Park
    • Greenbelt/Conservation
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,701
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $433
    0.94% mill rate · ON
    The market

    How this home sits in the Kitchener market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Kitchener market right now

    Average sold price, days on market, and closed-transaction count for Kitchener — sourced from MLS®.

    • Avg sold price
      $700,282
      Last 30 days
    • Median sold price
      $680,000
      Middle of the market
    • Days on market
      26 d
      Avg from list to close
    • Closed last 30d
      541
      MLS® transactions
    Full Kitchener market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 207 — 51 David Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 207 — 51 David Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 207 — 51 David Street listed for?

      Unit 207 — 51 David Street is listed at $549,900 on the MLS® (listing X13084692). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 207 — 51 David Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 1200-1399 sqft
  3. Condo Apartment
  4. Built 0-5
  5. Asking
    $549,900
    $0 / sqft · MLS® X13084692
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $511,206
    $470,309Confidence range$552,102
    Asking vs estimate
    ↑above
    +$38,694
    (+7.6%)
    Asking is above estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Kitchener sell in about 26 days — this one has been listed 44 days.

    Avg sold price
    $700,282
    Median sold
    $680,000
    Avg days on market
    26
    Recently sold
    541
    See comparable sales
    AI highlights by Zara
    • A contemporary gem that pays tribute to Downtown Kitchener's most desirable neighbourhood - Victoria Park - with thoughtful architecture and stunning views.
    • Enjoy your morning coffee on the private balcony with views of Victoria Park, nature and downtown.
    • Upstairs, you'll find two large bedrooms, each with their own spacious closets and private ensuite baths.
    • Otis is perfectly located within steps of anything you will ever need, downtown Kitchener's vibrant amenities, including trendy restaurants and entertainment, shops, parks, transit, schools and business centers.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
  7. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    9
    Laundry level
    Main Level
    Elevator
    Y
  8. Exterior & construction

    6
    Exterior
    Brick Front, Metal/Steel Siding
    Roof
    Asphalt Rolled
    Foundation
    Poured Concrete
    View
    Downtown, Park/Greenbelt, Trees/Woods, Water
    Patio
    Open
    Balcony
    Open
  9. Lot & land

    2
    Year built
    0-5
    Zoning
    R2
  10. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Condo Apartment
  11. Room-by-room · 9 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    5 rooms
    • Laundry
      7.6 × 5.0 ft
    • Bathroom
      2 Pc Bath
      3.6 × 7.1 ft
    • Living Room
      10.8 × 12.2 ft
    • Kitchen
      13.2 × 12.8 ft
    • Dining Room
      6.2 × 12.2 ft

    Second level

    4 rooms
    • Bedroom
      14.7 × 10.0 ft
    • Bathroom
      4 Pc Ensuite
      9.4 × 5.1 ft
    • Bathroom
      4 Pc Ensuite
      8.8 × 7.0 ft
    • Primary Bedroom
      16.9 × 12.0 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $884
    per month
    Maintenance fee includes
    • Parking
    Building details
    • Unit7
    • Storeys (building)2
    • ExposureSouth West
    • LockerCommon
    • Parking typeCovered, Reserved/Assigned
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpWaterloo
    • Corp #757
    • Property managerCMC Condo Management
    Combined estimate
    $3,134
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,701
    /mo
    based on the purchase price of $549,900
    $109,980 cash
    $439,920 financed
    $370,528 total interest
    Monthly payment$2,701/ month
    Principal54%$439,920
    Interest46%$370,528

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Kitchener

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 565 GREENFIELD Avenue
      Sold
      Sign in for price
      565 GREENFIELD Avenue
      Condo Apartment
    • 108 Garment Street
      Sold
      Sign in for price
      108 Garment Street
      Condo Apartment
    • 60 Charles Street
      Sold
      Sign in for price
      60 Charles Street
      Condo Apartment
    • 15 Prince Albert Boulevard
      Sold
      Sign in for price
      15 Prince Albert Boulevard
      Condo Apartment
    • 20 ST GEORGE Street
      Sold
      Sign in for price
      20 ST GEORGE Street
      Condo Apartment
    • 1 Victoria Street
      Sold
      Sign in for price
      1 Victoria Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 207 — 51 David StreetThis home2 / 312,001,399$549,900ask———
    565 GREENFIELD Avenue2 / 1600—
    108 Garment Street1 / 1500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Kitchener

    Active listings within ±20% of this asking price.

    • 50 Bryan Court
      $459,000
      50 Bryan Court
      Condo Apartment 2 2
    • 525 New Dundee Road
      $551,000
      525 New Dundee Road
      Condo Apartment 2 2
    • 60 Frederick Street
      $529,000
      60 Frederick Street
      Condo Apartment 2 2
    • 104 Garment Street
      $479,900
      104 Garment Street
      Condo Apartment 2 1
    • 15 Wellington Street
      $499,900
      15 Wellington Street
      Condo Apartment 2 1
    • 741 King Street
      $479,000
      741 King Street
      Condo Apartment 2 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  12. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  13. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  14. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  15. Public listing courtesy of REAL BROKER ONTARIO LTD. · displayed on Summitly per MLS® data-share rules

    Unit 207 — 51 David Street is a 2-bedroom, 3-bath, 1200-1399 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  16. When was Unit 207 — 51 David Street built?

    Unit 207 — 51 David Street was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  17. What is the property tax for Unit 207 — 51 David Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 207 — 51 David Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  18. How much would the monthly mortgage be on Unit 207 — 51 David Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $549,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  19. Has Unit 207 — 51 David Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 207 — 51 David Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  20. What neighbourhood is Unit 207 — 51 David Street in?

    Unit 207 — 51 David Street is in Kitchener, Kitchener. The 'Neighbourhood' section below links to the live Kitchener real estate hub with average sold price, days on market, and current inventory.

  21. Is Kitchener a good place to live?

    Kitchener is one of ON's actively-tracked Summitly markets. The full Kitchener real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  22. 60 Charles Street
    2 / 2
    800
    —
    15 Prince Albert Boulevard1 / 1600—
    20 ST GEORGE Street2 / 21,000—
    1 Victoria Street3 / 21,400—