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Property Type: Condo / ApartmentOwnership: Condominium
1414 KING Street E Unit# 703
Kitchener, ON N2G4T8
MLS® 40856977
$399,500
2 bed1 bath1 parking1,260 sqftBuilt 1987
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
C5
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $1,345/mo
- Annual property tax
- $3,025
Maintenance Fee Includes
ManagementHeat
Also included: Common Area Maintenance, Landscaping, Electricity, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 11'2'' x 4'6'' |
| Living room | Main level | 13'5'' x 19'11'' |
| Kitchen | Main level | 9'3'' x 7'10'' |
| Family room | Main level | 12'1'' x 9'2'' |
| Dining room | Main level | 11'2'' x 12'5'' |
| Breakfast | Main level | 6'6'' x 10'3'' |
| Primary Bedroom | Main level | 15'11'' x 11'0'' |
| Bedroom | Main level | 11'6'' x 11'2'' |
| 4pc Bathroom | Main level | — |
Description
WOW!!! Bright, Large corner unit in AAA condition with wonderful views. Updated kitchen and spacious primary rooms. Large primary bedroom and good sized den with closet/ could be used as a second bedroom. Easy access to a storage unit on the same floor of the unit. Condo fees include heat, hydro and parking. This building offers a bowling alley, shuffleboard, darts, billiards, gym, party room, games room, dining room, quilting/craft room, boardroom, library, BBQ area and a woodworking room. (id:63159)
Listing Information
- MLS®
- 40856977
- Data last synced
- September 23, 2026
RE/MAX Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Twin City Realty Inc.
MLS® Number: 40856977
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$317/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$477/sqft
68 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,975) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$319,600.00
Periodic payment — Principal & Interest (monthly)$2,061.95
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,660.46
Total monthly cost$3,722.41
Interest paid over 5-yr term$91,598.28
Balance at end of term$287,481.23
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,975
Stress test qualifying rate8.19%
Payment you must qualify for$2,942.74
Cash Needed at Closing
Minimum down payment$19,975
Estimated Land Transfer Tax (LTT)$4,468
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,943
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
