$259,900

$269,900For salePrice drop↓ $10,000 (4%)

#314 410 KING Street West, Kitchener - Single Family for Sale

#314 410 KING Street West, Kitchener, Ontario, N2G1C3

1 bed1 bath1 parking601 ft²$784/mo condo feeListed 49 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 601 sq ft of space. Listed at $259,900, it is attractively priced about 35% below the $399,500 median asking price in Kitchener. It has been on the market 49 days, fresher than the Kitchener average of 53 days.

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Description

Welcome to the highly sought-after Kaufman Lofts in the vibrant heart of Downtown Kitchener! Step inside this impressive one-bedroom loft and experience the perfect blend of striking industrial character and contemporary urban living. Soaring 13-foot ceilings, polished concrete floors, exposed ductwork, and dramatic oversized factory-style windows create a stylish living space filled with natural light. The bright, open-concept design offers a wonderful sense of space, featuring a functional kitchen with a moveable island. The owner is offering brand new appliances (Fridge, Stove, Dishwasher- $2500 value) on closing. The suite includes convenient in-suite laundry, basement storage locker, secure entrance, and an assigned parking space. Residents also enjoy access to a shared rooftop terrace, an ideal spot to unwind and enjoy the urban surroundings. Located just steps from the GO Station and Tannery District, and within walking distance of Google's Kitchener headquarters, the University of Waterloo Health Sciences Campus, and an exciting selection of downtown restaurants, shops, and amenities. Conveniently situated just minutes from Grand River Hospital and Highway 7/8 expressway, this exceptional loft offers the perfect combination of urban living, character, convenience, and connectivity. (id:66096)

Property Details

MLS®: 40860697
Property Type: Single Family
Zoning: D6
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 601 ft²
Year Built: 2008
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Forced air, Natural gas, Wood
Cooling: Central air conditioning
Garage: Open
Condo Fee: $784/mo
Fee Includes: Landscaping, Property Management, Heat, Water, Insurance

Rooms

Main level

Laundry room
4pc Bathroom: 9'4'' x 5'6''
Bedroom: 9'6'' x 8'6''
Living room: 11'5'' x 11'1''
Dining room: 8'1'' x 11'1''
Kitchen: 9'1'' 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
Foundation: Poured Concrete
Exterior: Brick
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Kitchener listings, avg age

53d

Price / ft²

$432

List price

$260K

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 has been listed for 49 days, which is 4 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. · Irfan Gillani

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2G)

This home lists at $259,900, about 4.2× the local median household income of $62,400.

Carrying it typically needs a household income of about $50,768 (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)

$259,900· $432/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,995

Min 5%50%

Mortgage payment$1,369/mo

↳ CMHC premium ($9,876 capitalized)

Property tax (est.)$250/mo

Condo fee$784/mo

Total monthly$2,403

Cash Needed to Close

Down payment (5%)$12,995

Land transfer tax$2,374

Est. closing costs$3,280

Total cash needed$18,649

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