$324,900 - 555 King Street Unit 104, Kitchener
Condo for Sale in Kitchener
45 days on market- MLS Number
- X13082334
- Property Type
- Condo
- Status
- active
- Days on Site
- 45
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- Forest Hill Real Estate Inc.
Welcome to this super rare 1-bedroom, 1-bathroom + den condo located in the heart of downtown Kitchener. Boasting just under 900 sq. ft. of bright, open-concept living space, this main-floor walk-out unit is truly one of a kind - the only walk-out 1-bedroom condo currently available in the city! Enjoy your very own private double-door walk-out balcony patio with magnetic screen doors, perfect for relaxing or entertaining. With a dedicated parking space and a thoughtfully designed layout, this well-maintained condo has everything you need. The versatile den features large sliding doors, making it the ideal home office, extra living space, guest room, or private retreat. The seamless flow of the open-concept living, dining, and kitchen area makes modern condo living effortless. The generously sized bedroom includes a walk-in closet. Conveniently located steps from everything downtown Kitchener has to offer - vibrant restaurants and cafes, shopping, parks, and the LRT - this location is perfect for those looking to be in the centre of the action. Whether you're a professional craving a dynamic urban lifestyle or an investor seeking a unit that will rent with ease, this condo delivers. Don't miss this rare opportunity to own a walk-out condo in one of Kitchener's most sought-after locations.
Estimate your monthly payments for this property
Estimated Payment
$1,666.91/mo
Includes CMHC insurance ($9,065)
5-yr fixed avg.
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.
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
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.
555 King Street Unit 104, Kitchener
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Monthly Cash Flow Breakdown
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'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.
Market Position
At 45 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.