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Property Type: Condo / ApartmentOwnership: Condominium
3227 KING Street E Unit# 506
Kitchener, ON N2A3Z9
MLS® 40799140
$349,900
2 bed2 bath1 parking1,029 sqftBuilt 1990
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
- $884/mo
- Annual property tax
- $2,193.36
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Cable TV, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 9'0'' x 11'0'' |
| Primary Bedroom | Main level | 11'0'' x 16'0'' |
| Dining room | Main level | 9'0'' x 11'0'' |
| Living room | Main level | 11'0'' x 14'0'' |
| Kitchen | Main level | 9'0'' x 9'0'' |
Description
Welcome to effortless condo living in The Regency! Recently beautifully renovated 2 bedroom 2 full bath unit is the perfect home for first time home buyer or someone looking to downsize. Bright open concept Living Room & Dining Room, large Primary Bedroom with walk-in closet and 3 piece Ensuite, good sized 2nd Bedroom, 4 piece Bathroom, Storage Room. 2025 renovations include: ensuite Bath with glass shower & massage panel, 54 vanity with new sink & faucet, new toilet and LED lights, porcelain floor & shower tiles. The 2nd bathroom with new tap, 30 vanity with faucet, new dual flush toilet, LED lights, porcelain tile floor and tub surround. All new Stainless Steel kitchen appliances, soft close cabinet doors and ceiling fan. New stackable washer/dryer. New click waterproof vinyl planks in Living/Dining/2 Bedrooms and storage. New custom window vertical blinds by Levelor in Living Room. Cordless soft lift blinds in both bedrooms from Blinds To Go, new water heater (July 2026), Close to Chicopee Ski Hill, walking trails, Fairview Park Mall, grocery stores, Costco, restaurants, easy access to Highway 8 & 401. (id:63161)
Listing Information
- MLS®
- 40799140
- Data last synced
- October 29, 2026
RE/MAX Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Twin City Realty Inc.
MLS® Number: 40799140
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
$340/sqft
Building average
—
No other active listings in this building
228 - Chicopee/Freeport average
$339/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.)$1,117.78
Total monthly cost$2,923.73
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.
