$289,900

For sale

#301 741 KING Street West, Kitchener - Single Family for Sale

#301 741 KING Street West, Kitchener, Ontario, N2G0E9

2 beds1 bath730 ft²$569/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 730 sq ft of space. Listed at $289,900, it is attractively priced about 27% below the $399,500 median asking price in Kitchener. It has been on the market 36 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to the exceptional ORI+ suite-an uncommon offering that seamlessly blends modern design with intelligent living. Spanning 730 sq ft of thoughtfully designed interior space, this two-bedroom residence features spacious, well-appointed closets that double as efficient storage solutions, keeping your home effortlessly organized. The elegant full bathroom showcases premium finishes, including porcelain tiles with in-floor heating for year-round comfort. Step outside to your expansive 350 sq ft private terrace-an impressive extension of your living space, ideal for hosting guests or enjoying quiet outdoor moments. Inside, floor-to-ceiling windows flood the suite with natural light, enhancing the open and inviting atmosphere. The upgraded kitchen is both stylish and functional, complete with quartz countertops, sleek European-inspired cabinetry, and integrated appliances for a clean, contemporary look. This suite is equipped with advanced smart home features, including keyless entry and a centralized control system for lighting, climate, and security-delivering convenience and peace of mind at your fingertips. Perfectly positioned along the LRT corridor, this location places you between major employment hubs and healthcare facilities, while just steps from the Innovation District and a wide range of urban amenities. Situated within one of Kitchener-Waterloo's most sought-after developments, this building reflects the vision of a highly regarded developer known for shaping vibrant, community-focused spaces. (id:66096)

Property Details

MLS®: 40867033
Property Type: Single Family
Zoning: C3C5R2C
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Interior Size: 730 ft²
Year Built: 2023
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Visitor Parking
Condo Fee: $569/mo
Ownership: Condo/Strata
Property Tax: $3,568/yr
Listed

Rooms

Main level

Laundry room
Other: 24'2'' x 13'10''
3pc Bathroom
Primary Bedroom: 12'0'' x 10'6''
Bedroom: 12'5'' x 10'1''
Living room: 11'2'' x 11'10''
Kitchen: 11'2'' x 12'0''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Concrete
Lot Features: Visual exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Kitchener listings, avg age

53d

Price / ft²

$397

List price

$290K

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.

Haho

This 2-bed single family in Kitchener has been listed for 36 days, which is 17 days fresher than the city average of 53. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC., BROKERAGE · DON NICOLSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $289,900, about 4.6× the local median household income of $62,400.

Carrying it typically needs a household income of about $56,628 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $62,400
Population: 14,580
Median age: 38
Owner / renter: 31% / 69%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA N2G)

$289,900· $397/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $14,495

Min 5%50%

Mortgage payment$1,527/mo

↳ CMHC premium ($11,016 capitalized)

Property tax (est.)$297/mo

Condo fee$569/mo

Total monthly$2,393

Cash Needed to Close

Down payment (5%)$14,495

Land transfer tax$2,824

Est. closing costs$3,370

Total cash needed$20,689

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice