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Property Type: Condo / ApartmentOwnership: Condominium
741 KING Street W Unit# 107
Kitchener, ON N2G1E5
MLS® 40821291
$293,500
0 bed1 bath457 sqft
Amenities
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
MU3
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $357/mo
- Annual property tax
- $2,741
Interior
- Basement
- None
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Description
Steps from the university, shops, restaurants, and nightlife along King Street, this location makes day-to-day living easy and convenient. This 475 sq ft studio apartment at 741 King St W #107 stands out from the others in the building thanks to its main floor position, higher ceilings, and west-facing exposure from the large open balcony. The extra ceiling height makes the space feel more open, and you’ll get great natural light with sunsets right from your unit. The layout is simple and functional, featuring a Murphy bed that lets you easily switch between a sleeping area and a more open living space. It’s a great setup for making the most of every square foot. This unit features a high end, modern bathroom with a practical layout that fits well with the rest of the unit. The building includes a number of amenities, and with everything close by, it’s a solid option for students, professionals, or investors looking for something a bit different from the typical units in the building. (id:63161)
Listing Information
- MLS®
- 40821291
- Data last synced
- October 28, 2026
Real Broker Ontario Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Real Broker Ontario Ltd.
MLS® Number: 40821291
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 Brantford Regional Real Estate Assn Inc.
Values & Trends
This listing
$642/sqft
Building average
—
No other active listings in this building
114 - Uptown Waterloo/North Ward average
$531/sqft
35 active listing(s)
Parking: Not indicatedStorage 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% ($14,675) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$234,800.00
Periodic payment — Principal & Interest (monthly)$1,514.85
Additional monthly expenses (condo fees, tax, utilities, etc.)$608.65
Total monthly cost$2,123.50
Interest paid over 5-yr term$67,294.35
Balance at end of term$211,203.36
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,675
Stress test qualifying rate8.19%
Payment you must qualify for$2,161.94
Cash Needed at Closing
Minimum down payment$14,675
Estimated Land Transfer Tax (LTT)$2,878
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,053
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.
