404 KING Street Unit 604, Kitchener

Price: $324,900

1 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: X13425500

Location, Location, Location! This 1 bed + den/1 bath Penthouse Suite in the Historic Kaufman Lofts is awaiting it's new owner. Offering up contemporary living with 13 Foot ceilings, exposed pipes/duct work, polished concrete floors, an abundance of floor-to-ceiling windows and a private terrace. With an open concept design including a large kitchen with island open to a spacious living room great for entertaining guests, or a fantastic place to unwind and relax. A large bedroom, 4 piece updated bathroom and den/office/second bedroom round out the living space with the added convenience of in-suite laundry and storage closet. This unit includes 1 parking space and 1 owned locker. With incredible amenities, such as a roof-top patio and party room, and prime urban convenience, sitting right in the heart of Downtown Kitchener mere steps to the tech community (Tannery, Google, Vidyard, Atomic, Sunlife, School of Pharmacy, and countless other starts-ups), and everything it has to offer (LRT, shopping, restaurants, café's, Victoria Park and more.) Don't miss your chance to own this spectacular loft with incredible views, located at the historic Kaufman Lofts, and situated right in the heart of the "innovation district" of Downtown Kitchener!

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New Listing
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$324,900 - 404 KING Street Unit 604, Kitchener

Condo for Sale in Kitchener

New — Listed 3 days ago
1Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
X13425500
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Kitchener
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

Location, Location, Location! This 1 bed + den/1 bath Penthouse Suite in the Historic Kaufman Lofts is awaiting it's new owner. Offering up contemporary living with 13 Foot ceilings, exposed pipes/duct work, polished concrete floors, an abundance of floor-to-ceiling windows and a private terrace. With an open concept design including a large kitchen with island open to a spacious living room great for entertaining guests, or a fantastic place to unwind and relax. A large bedroom, 4 piece updated bathroom and den/office/second bedroom round out the living space with the added convenience of in-suite laundry and storage closet. This unit includes 1 parking space and 1 owned locker. With incredible amenities, such as a roof-top patio and party room, and prime urban convenience, sitting right in the heart of Downtown Kitchener mere steps to the tech community (Tannery, Google, Vidyard, Atomic, Sunlife, School of Pharmacy, and countless other starts-ups), and everything it has to offer (LRT, shopping, restaurants, café's, Victoria Park and more.) Don't miss your chance to own this spectacular loft with incredible views, located at the historic Kaufman Lofts, and situated right in the heart of the "innovation district" of Downtown Kitchener!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,666.91/mo

Includes CMHC insurance ($9,065)

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5-yr fixed avg.

Principal: $292,410Interest: $198,597
Mortgage Amount$301,475
Total Interest$198,597
Est. Property Tax$230/mo
Total Cost$500,072

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 604, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$520
Property Tax (est.)-$230
Insurance (est.)-$68
Net Cash Flow+$982

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 $406/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.

Efficient Living

At 800 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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    404 KING Street Unit 604, Kitch… — $324,900 | Battaglia Team