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Property Type: Condo / ApartmentOwnership: Condominium
404 KING Street W Unit# 405
Kitchener, ON N2G2L5
MLS® 40869709
$249,900
1 bed1 bath1 parking515 sqftBuilt 2006
Amenities
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
D6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $628/mo
- Annual property tax
- $2,754
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 9'2'' x 9'10'' |
| Living room/Dining room | Main level | 9'10'' x 14'0'' |
| Kitchen | Main level | 9'6'' x 10'2'' |
Description
LOCATION, LOCATION, LOCATION! BEST DEAL IN THE CITY! With a Walk Score of 98, you can truly leave the car at home! Welcome to authentic loft living at the iconic Kaufman Lofts, one of downtown Kitchener's most recognizable and sought-after warehouse conversions. Designed by renowned architect Albert Kahn, this landmark building beautifully combines historic industrial character with modern urban convenience in the heart of the Innovation District. This freshly painted stylish one-bedroom, one-bathroom loft offers all the features that make true loft living so appealing, including soaring 14-foot exposed ceilings, polished concrete floors, oversized factory-style windows that fill the space with natural light, and an open-concept layout that feels bright, spacious and full of character. In-suite laundry and one owned parking space add everyday convenience. Step outside and enjoy everything downtown Kitchener has to offer. The ION LRT is right at your doorstep, providing easy access throughout the city, while Victoria Park, Google, local tech companies, restaurants, cafés, boutique shops, festivals, entertainment and major commuter routes are all close by. Residents of Kaufman Lofts also enjoy excellent building amenities, including a beautiful rooftop terrace complete with a gas BBQ and fire table - the perfect spot to relax, entertain or take in the city skyline. Whether you're a professional looking for an exciting urban lifestyle, a downsizer wanting low-maintenance living with personality, an investor, or someone making the move from the GTA, this distinctive Kaufman Loft offers a unique combination of history, style, convenience and location. (id:63159)
Listing Information
- MLS®
- 40869709
- Data last synced
- October 10, 2026
RE/MAX Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Twin City Realty Inc.
MLS® Number: 40869709
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
$485/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$471/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% ($12,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$199,920.00
Periodic payment — Principal & Interest (monthly)$1,289.82
Additional monthly expenses (condo fees, tax, utilities, etc.)$883.04
Total monthly cost$2,172.86
Interest paid over 5-yr term$57,297.65
Balance at end of term$179,828.69
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$12,495
Stress test qualifying rate8.19%
Payment you must qualify for$1,840.78
Cash Needed at Closing
Minimum down payment$12,495
Estimated Land Transfer Tax (LTT)$2,224
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,219
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.
