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Property Type: Condo / ApartmentOwnership: CondominiumNEW LISTING
3227 KING Street E Unit# 409
Kitchener, ON N2A3Z9
MLS® 40874125
37
Walk Score
51
Transit
39
Bike
$349,900
2 bed2 bath1 parking1,052 sqftBuilt 1990
37
Walk Score
51
Transit
39
Bike
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
R2C1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $918/mo
- Annual property tax
- $2,157
Maintenance Fee Includes
Water
Also included: Landscaping, Cable TV, Insurance
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 14'9'' x 15'4'' |
| Living room | Main level | 13'3'' x 15'9'' |
| Kitchen | Main level | 7'11'' x 7'9'' |
| Foyer | Main level | 6'8'' x 9'10'' |
| Dining room | Main level | 8'8'' x 7'1'' |
| Bedroom | Main level | 16'3'' x 9'8'' |
| 4pc Bathroom | Main level | — |
| 3pc Ensuite bath | Main level | — |
Description
ONE COVERED GARAGE SPACE. THE BEST PRICED CONDO IN KITCHENER WITH TWO GARAGE SPACES. Welcome to Suite #409-3227 King Street East, nestled in the desirable Chicopee neighbourhood. This beautifully updated 2-bedroom, 2-bathroom condo offers a modern, move-in-ready living space with an open and inviting layout. The bright and spacious living room is filled with natural light, while the renovated kitchen features crisp white cabinetry, a stylish tiled backsplash, stainless steel appliances, and plenty of storage. The adjoining dining area provides the perfect space for everyday meals and entertaining. Convenient in-suite laundry adds to the home's functionality. The generous primary bedroom boasts a large closet and a private 3-piece ensuite, while the second bedroom offers flexibility for guests, a home office, or family. A well-appointed 4-piece main bathroom completes the suite. Enjoy the convenience of underground parking for two vehicles, along with a dedicated storage locker for your seasonal items and extras. Ideally located just minutes from Fairview Park Mall, shopping, restaurants, public transit, Highway 8 and everyday amenities, this home also offers quick access to Chicopee Ski & Summer Resort, making it an excellent choice for year-round recreation. Whether you're a first-time buyer, downsizer, or investor, this exceptional condo combines comfort, convenience, and a fantastic location. (id:63161)
Listing Information
- MLS®
- 40874125
- Data last synced
- October 27, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40874125
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
$333/sqft
Building average
—
No other active listings in this building
228 - Chicopee/Freeport average
$340/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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,150.75
Total monthly cost$2,956.70
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$17,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,577.38
Cash Needed at Closing
Minimum down payment$17,495
Estimated Land Transfer Tax (LTT)$3,724
Legal / closing costs (typical estimate)$1,500
Total cash needed$22,719
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.
