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 Offered at: $399,000.00

2021 Property Taxes: $2,325
2022 Monthly Condo Fee: $627
Possession: 60-90 days or July 15, 2022
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Welcome to Kressview Springs, one of the nicest condominium buildings in the area. Enjoy an exclusive location with a great view over Riverside Park. Stroll in the park or wander into downtown Preston. The building itself offers a quality level of finish with marble foyer and an abundance of oak trim and rich decor. Controlled entrance and underground parking ensures a high level of security.

Fabulous facilities include a complete rec centre with a heated indoor pool, large spa area, workout area, sauna and full change room and shower facilities. There is a large outdoor terrace to soak up the sun and fresh air with supplied picnic tables and barbeques. Even a pool table/darts room, puzzles/library room, wood working shop and sewing room. A large party room with kitchenette, bathroom facilities, coat closet and separate exclusive entrance for those larger gatherings you might like to host. Even has a walk-out to a large terrace with picnic tables and barbeques.

Pleasant entrance to the building with security access only. Circular drive at the front door with visitor parking on this level. Additional outdoor parking on a lower level.

FANTASTIC RIVER AND PARK VIEW. Spacious 965 sq ft suite with 2 bedrooms, 2 bathrooms and 2 balconies. Upgraded unit shows well. Main bath most recent renovation.

Clean and in great condition.

Underground parking for one vehicle (Level P2, stall #47). Separate locker for storage (Level P2, locker #L33).

Excellent access to Highway 401, Kitchener and Cambridge.

Monthly condominium fees include building and liability insurance (you still need insurance for the inside of your suite), building maintenance, exterior maintenance including windows and balconies, all landscaping and grass cutting and snow removal, your heating and cooling, water and hot water, use and maintenance of pool and all recreational and common areas.

This property is undergoing some major upgrades. The underground parking garage has just been completely redone including structural work. A major facelift to replace the window wall system, restore the balconies and complete an interior refurbishment is under way. This work is being funded by loans to the corporation and passed on to the owners as 2 special assessments. The first assessment for this unit was $19,500 and has payments of $118.44 per month attached to it, in addition to the monthly condo fee. This has been in place since last year. The second assessment of $19,500 will come due sometime at the end of 2022 and can be paid in full or by a further monthly payment of approximately $114. This is a terrific building in a super location with great amenities. These improvements will be a great upgrade.

Enter onto tiled foyer (8 ½' x 5'). Marble tiles floor. Coat closet with mirror doors.

Living Room (16' x 12'). Laminate floor.

Dining Room (13' x 6 ½'). Great view with windows on 3 sides. Tiled floor.

Kitchen (9' x 8 ½'). Vinyl tiled floor. Kitchen remodelled featuring raised panel oak cabinetry. Double stainless steel sink. Illuminated drop ceiling. Built-in dishwasher, built-in microwave, fridge and stove included.

Laundry (5 ½' x 4'). Stacking washer and dryer.

Master Bedroom (12' x 11'). Broadloom. Double coat closet with mirror doors. Walk-out to balcony with stunning view.

5 piece Ensuite Bathroom. Ceramic floor. Twin sinks in single vanity with large mirror and new faucets. Whirlpool tub/ shower combo with tiled walls. New toilet. Exhaust fan. Whirlpool tub “as is” as owners have never used it.

Built in 1989.

Heating/cooling system is a gas fired hot water based system that puts hot water through pipes in the winter and cold water through the pipes in the summer. These pipes run through an air handler in each unit. As you activate the controls in your unit, it allows air to flow through the pipes and transfer heating or cooling through your unit. All you pay for is the cost of running the fan.

125 amp breaker panel in the unit. Grounded, copper wiring.

Softened water and hot water supplied by building.

All measurements are approximate

Every attempt has been made to ensure the information in this brochure is accurate. However, the information is not to be relied upon and should be verified independently.

For further information please call JIM HOLMES Broker, Holmes Real Estate Services Inc., Brokerage at 519-740-8080. MLS 40233709

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