108 Garment Street Unit 413, Kitchener

Price: $384,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: New Construction

MLS#: X12845402

Welcome to 108 Garment Street in the heart of Downtown Kitchener! This modern and well-kept 1-bedroom + den suite features an open-concept layout with 9-ft ceilings, engineered flooring, and floor-to-ceiling windows that bring in amazing natural light. The kitchen offers stainless steel appliances and granite counters, and the den is the ideal size for a home office. Enjoy a full-sized balcony and the convenience of 1 parking space. Residents have access to outstanding amenities including a rooftop pool and BBQ terrace, fitness centre, yoga studio, sports court, pet run, and an entertainment room with a catering kitchen. Located in Kitchener's Innovation District, you're steps from Google, Deloitte, Communitech, the School of Pharmacy, Victoria Park, restaurants, cafes and shops. Transit is unbeatable with the ION LRT, GO Train and VIA all nearby. A stylish, well-located unit in one of the city's most sought-after buildings

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$384,900 - 108 Garment Street Unit 413, Kitchener

New Construction for Sale in Kitchener

101 days on market
2Beds
1Baths
700 - 1,099Sq Ft
New Construction
Property Details
MLS Number
X12845402
Property Type
New Construction
Status
active
Days on Site
101
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

Welcome to 108 Garment Street in the heart of Downtown Kitchener! This modern and well-kept 1-bedroom + den suite features an open-concept layout with 9-ft ceilings, engineered flooring, and floor-to-ceiling windows that bring in amazing natural light. The kitchen offers stainless steel appliances and granite counters, and the den is the ideal size for a home office. Enjoy a full-sized balcony and the convenience of 1 parking space. Residents have access to outstanding amenities including a rooftop pool and BBQ terrace, fitness centre, yoga studio, sports court, pet run, and an entertainment room with a catering kitchen. Located in Kitchener's Innovation District, you're steps from Google, Deloitte, Communitech, the School of Pharmacy, Victoria Park, restaurants, cafes and shops. Transit is unbeatable with the ION LRT, GO Train and VIA all nearby. A stylish, well-located unit in one of the city's most sought-after buildings

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,974.74/mo

Includes CMHC insurance ($10,739)

$
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5%10%50%

5-yr fixed avg.

Principal: $346,410Interest: $235,272
Mortgage Amount$357,149
Total Interest$235,272
Est. Property Tax$273/mo
Total Cost$592,421

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

108 Garment Street Unit 413, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
6.4%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$2,047

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 $550/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 101 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.

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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    108 Garment Street Unit 413, Ki… — $384,900 | Battaglia Team