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Property Type: Condo / ApartmentOwnership: Condominium
404 KING Street W Unit# 424
Kitchener, ON N2G4Z9
MLS® 40860456
$349,900
2 bed1 bath1 parking965 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
- $1,037/mo
- Annual property tax
- $3,080
Maintenance Fee Includes
Water
Also included: Insurance, Parking
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 9'4'' x 9'1'' |
| Primary Bedroom | Main level | 11'10'' x 9'1'' |
| Living room | Main level | 12'3'' x 9'6'' |
| Dining room | Main level | 12'2'' x 10'1'' |
| Eat in kitchen | Main level | 13'10'' x 9'5'' |
| Foyer | Main level | — |
Description
Historic Kaufman Lofts in the heart of the Innovation District! This stunning 2-bedroom loft perfectly blends urban style with contemporary comfort. Featuring 14’ ceilings, luxury vinyl plank flooring, and custom barn doors, this open-concept space exudes character and sophistication. The modern kitchen showcases extended-height cabinetry, a large working island with seating, quartz countertops, and stainless steel appliances, ideal for both everyday living and entertaining. Enjoy an abundance of natural light through oversized windows and take advantage of custom built-in storage in each bedroom, plus the convenience of in-suite laundry. Residents of Kaufman Lofts enjoy access to premium amenities including a rooftop patio with community BBQ and dining area, a meeting/party room, bicycle storage, and visitor parking. Located just steps to the new Google Office, Sun Life and Manulife head offices, as well as restaurants, shops, and LRT transit, this loft offers the ultimate downtown lifestyle. (id:63161)
Listing Information
- MLS®
- 40860456
- Data last synced
- October 28, 2026
RE/MAX Escarpment Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Escarpment Realty Inc.
MLS® Number: 40860456
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
$363/sqft
Building average
—
No other active listings in this building
311 - Downtown/Rockway/S. Ward average
$402/sqft
22 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% ($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.)$1,341.35
Total monthly cost$3,147.30
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.
