104 Garment Street Unit 1010, Kitchener

Price: $375,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13231248

Excellent opportunity for first-time buyers and investors. Bright and spacious 1 Bedroom + Den featuring an upgraded kitchen and unobstructed northeast views. Functional open-concept layout with a versatile den, ideal for a home office, dining area, or additional living space. Well-managed building with great amenities including a gym, party room, and rooftop facilities. Prime Downtown Kitchener location within walking distance to Google Waterloo and close to universities, colleges, and major tech employers. Convenient access to LRT, GO Transit, and the future transit hub. Steps to shopping, dining, and everyday essentials. Tenant is willing to stay. Currently paying approximately $1,900/month.

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$375,000 - 104 Garment Street Unit 1010, Kitchener

Condo for Sale in Kitchener

2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13231248
Property Type
Condo
Status
active
Days on Site
17
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Excellent opportunity for first-time buyers and investors. Bright and spacious 1 Bedroom + Den featuring an upgraded kitchen and unobstructed northeast views. Functional open-concept layout with a versatile den, ideal for a home office, dining area, or additional living space. Well-managed building with great amenities including a gym, party room, and rooftop facilities. Prime Downtown Kitchener location within walking distance to Google Waterloo and close to universities, colleges, and major tech employers. Convenient access to LRT, GO Transit, and the future transit hub. Steps to shopping, dining, and everyday essentials. Tenant is willing to stay. Currently paying approximately $1,900/month.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,923.94/mo

Includes CMHC insurance ($10,463)

$
$
5%10%50%

5-yr fixed avg.

Principal: $337,500Interest: $229,221
Mortgage Amount$347,963
Total Interest$229,221
Est. Property Tax$266/mo
Total Cost$577,183

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

104 Garment Street Unit 1010, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$266
Insurance (est.)-$78
Net Cash Flow+$1,466

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $625/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    104 Garment Street Unit 1010, Kitchener | $375,000 | Battaglia Team