3227 King Street Unit 702, Kitchener

Price: $367,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13451510

Condo living at its very best! Welcome to the Regency at 3227 King Street East Unit #702. This gem has been completely renovated with over $40,000 in premium upgrades and offers over 1000 square feet of modern living space. Featuring 2 large bedrooms with the primary boasting a brand new 4 piece ensuite with double sink, quartz counter top and luxurious sliding glass shower doors. The living / dining room area is quite large at 21 x 11.9 feet, and features large windows for an abundance of natural light and overlooks a spectacular array of large trees that surround this condominium building. The newly renovated eat-in kitchen offers stainless steel fridge, stove and dishwasher, brand new quartz countertops, new cupboards and soft close drawers, new sink and faucet and in-suite stackable washer and dryer. A second newly renovated 4 piece main bath completes this spectacular home. Additional renovations Include: New premium vinyl flooring throughout, trim, light fixtures, paint, modern smooth ceilings, doors, closet doors and new electrical and plumbing. This unit also comes with an exclusive underground parking spot #66 and exclusive locker #88. The Regency offers tremendous amenities and includes an indoor inground pool, hot tub, sauna, fitness room, library, party room, and a rear patio with BBQ surrounded by nature. One of the standout features of this condominium is a private 230 x 175 foot (.92 acres) forest with trails - perfect for residents and or their pets. Ideally located, close to shopping, transit with quick access to major highways.

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active
New Listing
1/29

$367,900 - 3227 King Street Unit 702, Kitchener

Condo for Sale in Kitchener

New — Listed 2 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13451510
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
South
Balcony
None
Listing Brokerage
SULLIVAN REAL ESTATE BROKERAGE, INC.
Description

Condo living at its very best! Welcome to the Regency at 3227 King Street East Unit #702. This gem has been completely renovated with over $40,000 in premium upgrades and offers over 1000 square feet of modern living space. Featuring 2 large bedrooms with the primary boasting a brand new 4 piece ensuite with double sink, quartz counter top and luxurious sliding glass shower doors. The living / dining room area is quite large at 21 x 11.9 feet, and features large windows for an abundance of natural light and overlooks a spectacular array of large trees that surround this condominium building. The newly renovated eat-in kitchen offers stainless steel fridge, stove and dishwasher, brand new quartz countertops, new cupboards and soft close drawers, new sink and faucet and in-suite stackable washer and dryer. A second newly renovated 4 piece main bath completes this spectacular home. Additional renovations Include: New premium vinyl flooring throughout, trim, light fixtures, paint, modern smooth ceilings, doors, closet doors and new electrical and plumbing. This unit also comes with an exclusive underground parking spot #66 and exclusive locker #88. The Regency offers tremendous amenities and includes an indoor inground pool, hot tub, sauna, fitness room, library, party room, and a rear patio with BBQ surrounded by nature. One of the standout features of this condominium is a private 230 x 175 foot (.92 acres) forest with trails - perfect for residents and or their pets. Ideally located, close to shopping, transit with quick access to major highways.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,887.52/mo

Includes CMHC insurance ($10,264)

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5-yr fixed avg.

Principal: $331,110Interest: $224,881
Mortgage Amount$341,374
Total Interest$224,881
Est. Property Tax$261/mo
Total Cost$566,255

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

3227 King Street Unit 702, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,372

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 $368/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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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    3227 King Street Unit 702, Kitchener | $367,900 | Battaglia Team