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Property Type: Condo / ApartmentOwnership: Condominium
741 KING Street W Unit# 301
Kitchener, ON N2G0E9
MLS® 40867033
$289,900
2 bed1 bath730 sqftBuilt 2023
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
- $569/mo
- Annual property tax
- $3,568
Interior
- Basement
- None
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| Other | Main level | 24'2'' x 13'10'' |
| 3pc Bathroom | Main level | — |
| Primary Bedroom | Main level | 12'0'' x 10'6'' |
| Bedroom | Main level | 12'5'' x 10'1'' |
| Living room | Main level | 11'2'' x 11'10'' |
| Kitchen | Main level | 11'2'' x 12'0'' |
Description
Welcome to the exceptional ORI+ suite-an uncommon offering that seamlessly blends modern design with intelligent living. Spanning 730 sq ft of thoughtfully designed interior space, this two-bedroom residence features spacious, well-appointed closets that double as efficient storage solutions, keeping your home effortlessly organized. The elegant full bathroom showcases premium finishes, including porcelain tiles with in-floor heating for year-round comfort. Step outside to your expansive 350 sq ft private terrace-an impressive extension of your living space, ideal for hosting guests or enjoying quiet outdoor moments. Inside, floor-to-ceiling windows flood the suite with natural light, enhancing the open and inviting atmosphere. The upgraded kitchen is both stylish and functional, complete with quartz countertops, sleek European-inspired cabinetry, and integrated appliances for a clean, contemporary look. This suite is equipped with advanced smart home features, including keyless entry and a centralized control system for lighting, climate, and security-delivering convenience and peace of mind at your fingertips. Perfectly positioned along the LRT corridor, this location places you between major employment hubs and healthcare facilities, while just steps from the Innovation District and a wide range of urban amenities. Situated within one of Kitchener-Waterloo's most sought-after developments, this building reflects the vision of a highly regarded developer known for shaping vibrant, community-focused spaces. (id:63159)
Listing Information
- MLS®
- 40867033
- Data last synced
- October 8, 2026
RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC., BROKERAGE
MLS® Number: 40867033
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
$397/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$474/sqft
68 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% ($14,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$231,920.00
Periodic payment — Principal & Interest (monthly)$1,496.27
Additional monthly expenses (condo fees, tax, utilities, etc.)$903.33
Total monthly cost$2,399.60
Interest paid over 5-yr term$66,468.94
Balance at end of term$208,612.79
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,135.42
Cash Needed at Closing
Minimum down payment$14,495
Estimated Land Transfer Tax (LTT)$2,824
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,819
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.
