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Property Type: Condo / ApartmentOwnership: Condominium
741 KING Street W Unit# 306
Kitchener, ON N2G0E9
MLS® 40843804
$329,900
1 bed1 bath629 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
- $455/mo
- Annual property tax
- $3,229
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | 10'3'' x 9'6'' |
| Bedroom | Main level | 10'3'' x 13'8'' |
| Kitchen | Main level | 3'9'' x 12'0'' |
| Living room | Main level | 12'9'' x 11'10'' |
| Dining room | Main level | 9'0'' x 12'0'' |
Description
Modern urban living in the heart of Kitchener-Waterloo's innovation district. Ideally located near Google, Sun Life, KPMG, Grand River Hospital, major universities, and highway access, with the ION LRT at your doorstep for seamless travel throughout Waterloo, Kitchener, and Cambridge. This stylish 1 bed, 1 bath, 629 Sq.Ft residence features Scandinavian-inspired design and the InCharge Smart Home System, offering control of lighting, climate, security, and energy usage via smartphone or touch panel. Enjoy heated bathroom floors, keyless entry, high-speed internet, a private terrace, and a European-style kitchen with quartz countertops and integrated appliances. Take advantage of every season on your private 99 Sq.Ft balcony. Premium building amenities include the Hygge lounge with café and fireplace, an outdoor terrace with saunas, communal dining, and lounge areas, plus bike storage, visitor parking, and a private locker-an exceptional opportunity in one of Kitchener's most connected communities. (id:63159)
Listing Information
- MLS®
- 40843804
- Data last synced
- October 8, 2026
Affinity Real Estate Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Affinity Real Estate Inc.
MLS® Number: 40843804
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
$524/sqft
Building average
—
No other active listings in this building
212 - Downtown Kitchener/East Ward average
$470/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% ($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.)$755.08
Total monthly cost$2,457.81
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.
