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Property Type: Condo / ApartmentOwnership: Condominium
404 KING Street W Unit# 509
Kitchener, ON N2G4Z9
MLS® 40865407
$279,000
1 bed1 bath1 parking515 sqft
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
D6
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $608/mo
- Annual property tax
- $2,754
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Landscaping, Insurance, Parking
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 9'4'' x 10'11'' |
| Living room | Main level | 9'9'' x 11'5'' |
| 4pc Bathroom | Main level | — |
| Laundry room | Main level | — |
| Kitchen | Main level | 11'4'' x 13'0'' |
Description
Welcome to urban living at its finest at 404 King Street West! Located in the heart of Downtown Kitchener, this stylish 1-bedroom, 1-bathroom condo offers unbeatable convenience just steps to the LRT, Victoria Park, cafes, restaurants, and workplaces. This bright and modern unit features soaring ceilings with an industrial-inspired design, highlighted by whitewashed exposed piping and expansive floor-to-ceiling windows that fill the space with natural light. The open-concept kitchen showcases crisp white cabinetry and seamlessly connects to the living area— perfect for everyday living and entertaining. The bedroom offers a unique open loft-style feel, creating an airy and contemporary atmosphere. Complete with a 4-piece bathroom and in-suite laundry for added comfort and convenience. Includes 1 owned parking space, with additional visitor parking available. Residents enjoy access to a rooftop patio and party room—ideal for relaxing or hosting guests. An excellent opportunity for professionals or couples seeking a vibrant downtown lifestyle! (id:63159)
Listing Information
- MLS®
- 40865407
- Data last synced
- September 22, 2026
SOLID STATE REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: SOLID STATE REALTY INC.
MLS® Number: 40865407
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
$542/sqft
Building average
—
No other active listings in this building
313 - Downtown Kitchener/W. Ward average
$519/sqft
116 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% ($13,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$223,200.00
Periodic payment — Principal & Interest (monthly)$1,440.01
Additional monthly expenses (condo fees, tax, utilities, etc.)$863.94
Total monthly cost$2,303.95
Interest paid over 5-yr term$63,969.76
Balance at end of term$200,769.12
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$13,950
Stress test qualifying rate8.19%
Payment you must qualify for$2,055.13
Cash Needed at Closing
Minimum down payment$13,950
Estimated Land Transfer Tax (LTT)$2,660
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,110
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.
