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Property Type: Condo / ApartmentOwnership: Condominium
3085 KINGSWAY Drive Unit# 27
Kitchener, ON N2C2P1
MLS® 40865637
$329,900
2 bed1 bath2 parking918 sqft
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R5
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $416/mo
- Annual property tax
- $2,207.42
Maintenance Fee Includes
Management
Also included: Common Area Maintenance, Landscaping, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Laundry room | Main level | 5'5'' x 6'7'' |
| Bedroom | Main level | 9'11'' x 12'0'' |
| Primary Bedroom | Main level | 10'2'' x 12'0'' |
| Kitchen | Main level | 8'5'' x 9'2'' |
| Dining room | Main level | 8'0'' x 9'3'' |
| Living room | Main level | 16'1'' x 16'3'' |
Description
Don’t miss out on this well kept, clean and affordable 2 bedroom condo with close proximity to the 401, this move in ready condo is perfect for first time buyers, downsizers or investors in a well kept quiet complex, fantastic layout with large living room including a decorative fireplace that is perfect for gatherings with family or relaxing evenings, freshly painted throughout with updated laminate flooring the condo has a modern, clean feel, the kitchen is equipped with plenty of cupboard space including a stainless steel stove, fridge, dishwasher and built in microwave, the separate formal dining area offers additional space, whether for meals or a home office area, the newer sliding door leads to your own private recently upgraded balcony, both bedrooms are generously sized, the bathroom has a full-sized tub and shower, there is an in-suite washer and dryer for added convenience as well as a newer owned water softener, forced air furnace and central air conditioning make this home a must see, with quick possession available this condo offers the perfect blend of comfort and convenience, located within walking distance to Fairview mall, grocery stores, LRT and GRT stops, and a wide range of shops and restaurants, you’ll enjoy easy access to all the amenities you will need, this is a rare opportunity to buy in a such a sought after area – book your showing today! (id:63161)
Listing Information
- MLS®
- 40865637
- Data last synced
- October 23, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40865637
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
$359/sqft
Building average
—
No other active listings in this building
327 - Fairview/Kingsdale average
$350/sqft
11 active listing(s)
Parking: 2 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% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (condo fees, tax, utilities, etc.)$645.83
Total monthly cost$2,348.55
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$16,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,430.06
Cash Needed at Closing
Minimum down payment$16,495
Estimated Land Transfer Tax (LTT)$3,424
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,419
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.
