404 King Street Unit 308, Kitchener

Price: $349,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13415374

Welcome to exceptional loft living in the iconic Kaufman Boot Factory, one of Kitchener's most sought-after conversion buildings. Offering over 1,000 sq. ft., this rare opportunity features the largest floor plan in the building and combines authentic industrial character with modern urban convenience. This bright and spacious two-bedroom, two full four-piece bathroom condo showcases soaring 12-foot ceilings, polished concrete floors, oversized factory windows, and a cozy fireplace that creates a warm and inviting atmosphere. Freshly painted and complemented by custom window coverings, this move-in-ready home offers both style and functionality. Residents enjoy access to a stunning rooftop terrace complete with a gas BBQ and fire table, perfect for entertaining or relaxing with friends. TWO owned parking spaces and a private storage locker provide added convenience, a true rarity in loft living. Ideally located close to downtown Kitchener, Google, the LRT, Victoria Park, restaurants, cafes, and major commuter routes, this unique property is perfect for professionals, downsizers, investors, or buyers looking to escape the GTA without sacrificing lifestyle. Flexible closing available. Own a piece of Kitchener's rich industrial history while enjoying all the comforts of contemporary condo living.

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New Listing
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$349,900 - 404 King Street Unit 308, Kitchener

Condo for Sale in Kitchener

New — Listed 5 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13415374
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
Exclusive
Exposure
South West
Balcony
None
Listing Brokerage
Coldwell Banker Neumann Real Estate
Description

Welcome to exceptional loft living in the iconic Kaufman Boot Factory, one of Kitchener's most sought-after conversion buildings. Offering over 1,000 sq. ft., this rare opportunity features the largest floor plan in the building and combines authentic industrial character with modern urban convenience. This bright and spacious two-bedroom, two full four-piece bathroom condo showcases soaring 12-foot ceilings, polished concrete floors, oversized factory windows, and a cozy fireplace that creates a warm and inviting atmosphere. Freshly painted and complemented by custom window coverings, this move-in-ready home offers both style and functionality. Residents enjoy access to a stunning rooftop terrace complete with a gas BBQ and fire table, perfect for entertaining or relaxing with friends. TWO owned parking spaces and a private storage locker provide added convenience, a true rarity in loft living. Ideally located close to downtown Kitchener, Google, the LRT, Victoria Park, restaurants, cafes, and major commuter routes, this unique property is perfect for professionals, downsizers, investors, or buyers looking to escape the GTA without sacrificing lifestyle. Flexible closing available. Own a piece of Kitchener's rich industrial history while enjoying all the comforts of contemporary condo living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,795.17/mo

Includes CMHC insurance ($9,762)

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5-yr fixed avg.

Principal: $314,910Interest: $213,878
Mortgage Amount$324,672
Total Interest$213,878
Est. Property Tax$248/mo
Total Cost$538,551

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

404 King Street Unit 308, 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)
4.8%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$248
Insurance (est.)-$73
Net Cash Flow+$1,389

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 $350/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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    404 King Street Unit 308, Kitch… — $349,900 | Battaglia Team