$329,900

For sale

#306 741 KING Street West, Kitchener - Single Family for Sale

#306 741 KING Street West, Kitchener, Ontario, N2G0E9

1 bed1 bath629 ft²$455/mo condo feeListed 127 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 629 sq ft of space. Listed at $329,900, it is attractively priced about 17% below the $399,500 median asking price in Kitchener.

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Description

Modern urban living in the heart of Kitchener-Waterloo's innovation district. Ideally located near Google, Sun Life, KPMG, Grand River Hospital, major universities, and highway access, with the ION LRT at your doorstep for seamless travel throughout Waterloo, Kitchener, and Cambridge. This stylish 1 bed, 1 bath, 629 Sq.Ft residence features Scandinavian-inspired design and the InCharge Smart Home System, offering control of lighting, climate, security, and energy usage via smartphone or touch panel. Enjoy heated bathroom floors, keyless entry, high-speed internet, a private terrace, and a European-style kitchen with quartz countertops and integrated appliances. Take advantage of every season on your private 99 Sq.Ft balcony. Premium building amenities include the Hygge lounge with café and fireplace, an outdoor terrace with saunas, communal dining, and lounge areas, plus bike storage, visitor parking, and a private locker-an exceptional opportunity in one of Kitchener's most connected communities. (id:66096)

Property Details

MLS®: 40843804
Property Type: Single Family
Zoning: C3C5R2C
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Interior Size: 629 ft²
Year Built: 2024
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: None
Condo Fee: $455/mo
Fee Includes: Landscaping, Property Management, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Main level

3pc Bathroom: 10'3'' x 9'6''
Bedroom: 10'3'' x 13'8''
Kitchen: 3'9'' x 12'0''
Living room: 12'9'' x 11'10''
Dining room: 9'0'' x 12'0''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Built-in
Exterior: Concrete
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

127d

Kitchener listings, avg age

53d

Price / ft²

$524

List price

$330K

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 1-bed single family in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Affinity Real Estate Inc. · Jitesh Kakkar

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

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.

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)

$329,900· $524/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,495

Min 5%50%

Mortgage payment$1,738/mo

↳ CMHC premium ($12,536 capitalized)

Property tax (est.)$269/mo

Condo fee$455/mo

Total monthly$2,462

Cash Needed to Close

Down payment (5%)$16,495

Land transfer tax$3,424

Est. closing costs$3,490

Total cash needed$23,409

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