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Property Type: Condo / ApartmentOwnership: Condominium
741 KING Street W Unit# 1807
Kitchener, ON N2G1E5
MLS® 40870540
$329,900
1 bed1 bath1 parking593 sqftBuilt 2024
Amenities
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
C3C5R2C
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $495/mo
- Annual property tax
- $3,310
Maintenance Fee Includes
Also included: Insurance
Interior
- Basement
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 11'9'' x 6'9'' |
| Kitchen | Main level | 11'9'' x 8'8'' |
| 3pc Bathroom | Main level | — |
| Primary Bedroom | Main level | 10'9'' x 11'7'' |
Description
Welcome to Unit 1807 at 741 King Street West, a modern one-bedroom suite on the 18th floor of downtown Kitchener’s sought-after Bright Building. It comes with a rare bonus: a transferable short-term rental licence. That’s a standout opportunity for investors, and it gives end-users the flexibility to earn income when they’re away. The suite offers 593 sq ft of well-planned space, and large windows fill the living area with natural light and frame sweeping city views. The European-style kitchen has built-in appliances, marble countertops and generous storage, so it’s easy to cook and entertain. The bedroom is a quiet retreat, and the bathroom has sleek, contemporary finishes. Covered parking and a storage locker are included. Residents can use the building’s amenities, including a stylish communal lounge. Outside your door, downtown Kitchener’s cafes, restaurants, boutiques and entertainment are all within walking distance, with transit and major routes close by. Suites with a transferable STR licence rarely come to market, so don’t miss this one! (id:63159)
Listing Information
- MLS®
- 40870540
- Data last synced
- October 16, 2026
Corcoran Horizon Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Corcoran Horizon Realty
MLS® Number: 40870540
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
$556/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$469/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% ($16,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$263,920.00
Periodic payment — Principal & Interest (monthly)$1,702.72
Additional monthly expenses (condo fees, tax, utilities, etc.)$800.83
Total monthly cost$2,503.56
Interest paid over 5-yr term$75,640.23
Balance at end of term$237,396.89
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$16,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,430.06
Cash Needed at Closing
Minimum down payment$16,495
Estimated Land Transfer Tax (LTT)$3,424
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,419
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.
