104 Garment Street Unit 706, Kitchener

Price: $399,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X12835762

Welcome To 104 Garment St, Unit 706: A Refined Urban Residence In The Heart Of Downtown Kitchener's Innovation District. This Spacious 1-Bedroom Plus Den Suite Offers An Exceptional Opportunity For Young Professionals, First-Time Buyers, Downsizers, And Investors Seeking A Prime Location With Strong Lifestyle Appeal. Thoughtfully Designed With A Modern, Open-Concept Layout, The Unit Showcases Floor-To-Ceiling Windows That Fill The Space With Natural Light And Frame Sweeping City Views. The Contemporary Kitchen Is Appointed With Granite Countertops, Stainless Steel Appliances, Ample Cabinetry, And A Functional Breakfast Bar That Seamlessly Connects To The Living And Dining Area, Ideal For Both Professional Entertaining And Comfortable Everyday Living. Step Out Onto The Generous Private Balcony And Enjoy Unobstructed Urban Views: A Perfect Extension Of Your Living Space. The Primary Bedroom Features Its Own Floor-To-Ceiling Windows And A Walk-In Closet, Offering Comfort And Practical Storage. The Versatile Den Provides An Ideal Work-From-Home Office, Guest Area, Or Additional Lounge Space. Additional Features Include In-Suite Full-Size Washer And Dryer, One Dedicated Parking Space, And An Attached Locker For Added Convenience. Residents Of This Sought-After Building Enjoy An Impressive Suite Of Amenities Including An Outdoor Pool, Rooftop Terrace, Fully Equipped Fitness Centre, Outdoor Sports Court, Private Theatre Room, Party Room, And Media Lounge-Designed To Complement A Dynamic, Professional Lifestyle. Situated Steps From The LRT, Grand River Hospital, Victoria Park, And Surrounded By Renowned Restaurants, Boutique Shops, And Major Tech Employers Including Google, This Location Places You At The Centre Of Waterloo Region's Thriving Urban Core. Proximity To Both University And College Campuses Further Enhances Its Investment And Lifestyle Value. This is the opportunity you don't want to miss, Book your private showing today!!

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$399,900 - 104 Garment Street Unit 706, Kitchener

Condo for Sale in Kitchener

108 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X12835762
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Locker
Ensuite+Owned
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Welcome To 104 Garment St, Unit 706: A Refined Urban Residence In The Heart Of Downtown Kitchener's Innovation District. This Spacious 1-Bedroom Plus Den Suite Offers An Exceptional Opportunity For Young Professionals, First-Time Buyers, Downsizers, And Investors Seeking A Prime Location With Strong Lifestyle Appeal. Thoughtfully Designed With A Modern, Open-Concept Layout, The Unit Showcases Floor-To-Ceiling Windows That Fill The Space With Natural Light And Frame Sweeping City Views. The Contemporary Kitchen Is Appointed With Granite Countertops, Stainless Steel Appliances, Ample Cabinetry, And A Functional Breakfast Bar That Seamlessly Connects To The Living And Dining Area, Ideal For Both Professional Entertaining And Comfortable Everyday Living. Step Out Onto The Generous Private Balcony And Enjoy Unobstructed Urban Views: A Perfect Extension Of Your Living Space. The Primary Bedroom Features Its Own Floor-To-Ceiling Windows And A Walk-In Closet, Offering Comfort And Practical Storage. The Versatile Den Provides An Ideal Work-From-Home Office, Guest Area, Or Additional Lounge Space. Additional Features Include In-Suite Full-Size Washer And Dryer, One Dedicated Parking Space, And An Attached Locker For Added Convenience. Residents Of This Sought-After Building Enjoy An Impressive Suite Of Amenities Including An Outdoor Pool, Rooftop Terrace, Fully Equipped Fitness Centre, Outdoor Sports Court, Private Theatre Room, Party Room, And Media Lounge-Designed To Complement A Dynamic, Professional Lifestyle. Situated Steps From The LRT, Grand River Hospital, Victoria Park, And Surrounded By Renowned Restaurants, Boutique Shops, And Major Tech Employers Including Google, This Location Places You At The Centre Of Waterloo Region's Thriving Urban Core. Proximity To Both University And College Campuses Further Enhances Its Investment And Lifestyle Value. This is the opportunity you don't want to miss, Book your private showing today!!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,051.69/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,910Interest: $244,441
Mortgage Amount$371,067
Total Interest$244,441
Est. Property Tax$283/mo
Total Cost$615,508

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 706, 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)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,379

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 $571/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.

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 700 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 706, Kitchener | $399,900 | Battaglia Team