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$329,900
Kitchener
#1807 741 KING Street West, Kitchener, Ontario, N2G1E5
This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 593 sq ft of space. Listed at $329,900, it is attractively priced about 17% below the $399,500 median asking price in Kitchener. It has been on the market 22 days, fresher than the Kitchener average of 53 days.
Welcome to Unit 1807 at 741 King Street West, a modern one-bedroom suite on the 18th floor of downtown Kitchener’s sought-after Bright Building. It comes with a rare bonus: a transferable short-term rental licence. That’s a standout opportunity for investors, and it gives end-users the flexibility to earn income when they’re away. The suite offers 593 sq ft of well-planned space, and large windows fill the living area with natural light and frame sweeping city views. The European-style kitchen has built-in appliances, marble countertops and generous storage, so it’s easy to cook and entertain. The bedroom is a quiet retreat, and the bathroom has sleek, contemporary finishes. Covered parking and a storage locker are included. Residents can use the building’s amenities, including a stylish communal lounge. Outside your door, downtown Kitchener’s cafes, restaurants, boutiques and entertainment are all within walking distance, with transit and major routes close by. Suites with a transferable STR licence rarely come to market, so don’t miss this one! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 1-bed single family in Kitchener has been listed for 22 days, which is 31 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $329,900, about 5.3× the local median household income of $62,400.
Carrying it typically needs a household income of about $64,441 (20% down, 25-yr amortization, stress-tested) — roughly 3% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2G)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice