Loading…
Property Type: Condo / ApartmentOwnership: Condominium
3227 KING Street E Unit# 1112
Kitchener, ON N2A3Z9
MLS® 40848817
$360,000
2 bed2 bath1 parking1,109 sqftBuilt 1990
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
RES-7
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $923/mo
- Annual property tax
- $2,193.36
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 11'2'' x 10'7'' |
| Pantry | Main level | 7'7'' x 8'3'' |
| Dining room | Main level | 11'9'' x 9'3'' |
| Primary Bedroom | Main level | 11'0'' x 15'7'' |
| 3pc Bathroom | Main level | 4'11'' x 7'7'' |
| 4pc Bathroom | Main level | 7'7'' x 5'0'' |
| Kitchen | Main level | 11'2'' x 10'2'' |
| Living room | Main level | 11'9'' x 14'5'' |
Description
Sitting above the tree tops on the 11th floor, this immaculate penthouse suite with unobstructed views offers a perfect blend of maintenance-free accessible living and thoughtful upgrades. This unit is entirely carpet-free, featuring sleek, low-maintenance flooring throughout. The spacious 2-Bedroom, 2-Bathroom layout includes a large living and dining area, updated kitchen and an oversized pantry/storage room. The kitchen is fully equipped with smart features like pull out shelves, a built-in microwave and dishwasher. The primary ensuite features a large accessible shower with grab bars for extra safety. The second bathroom has a full size bathtub/shower combination. Abundant storage includes the oversized pantry, primary walk-in, double closets in the second bedroom and a large closet at the entry. Custom thermal cellular window coverings are installed throughout, providing insulation for both heating and cooling. Newer stackable full size washer and dryer, owned hot water heater and water softener. This unit also includes a dedicated underground parking spot, additional storage locker and use of the building amenities including an indoor pool, hot tub, sauna, fitness room, library, party room, and a rear patio with BBQ. Additionally, new windows & exterior cladding throughout the building have been approved and will be installed. This quiet, friendly building is close to amenities including Fairview Park Mall, grocery stores, public transit and easy highway access. (id:63159)
Listing Information
- MLS®
- 40848817
- Data last synced
- September 15, 2026
ROYAL LEPAGE WOLLE REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL LEPAGE WOLLE REALTY
MLS® Number: 40848817
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
$325/sqft
Building average
—
No other active listings in this building
228 - Chicopee/Freeport average
$341/sqft
11 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% ($18,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$288,000.00
Periodic payment — Principal & Interest (monthly)$1,858.08
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,160.78
Total monthly cost$3,018.86
Interest paid over 5-yr term$82,541.63
Balance at end of term$259,056.93
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$18,000
Stress test qualifying rate8.19%
Payment you must qualify for$2,651.78
Cash Needed at Closing
Minimum down payment$18,000
Estimated Land Transfer Tax (LTT)$3,875
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,375
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.
