741 King Street Unit 1708, Kitchener

Price: $429,900

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X12926132

Unit 1708 at 741 King Street W is a great option for anyone looking to enjoy modern condo living in a super convenient Kitchener location. Thisbright one-bedroom unit features high ceilings, large windows, and an open layout that brings in plenty of natural light throughout the day. Thekitchen is well laid out with built-in appliances and everything you need for day-to-day living. The living area feels open and comfortable, withdirect access to the balcony-also accessible from the bedroom-creating a seamless indoor-outdoor flow and the perfect spot to relax, enjoyyour morning coffee, or take in the city views from the 17th floor. The bathroom has been nicely updated with a tiled walk-in shower, and in-suitelaundry adds everyday convenience. The bedroom offers a comfortable retreat with large windows and plenty of natural light. The building offersa solid range of amenities, including a business centre with Wi-Fi, visitor parking, saunas, a party room, and BBQ areas. You're just steps fromthe Kitchener GO Station and LRT, making it easy to get around. Plus, you're within walking distance to hospitals, Google Waterloo, shops, cafés,and plenty of great restaurants-right in the heart of downtown Kitchener.

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$429,900 - 741 King Street Unit 1708, Kitchener

Condo for Sale in Kitchener

85 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
X12926132
Property Type
Condo
Status
active
Days on Site
85
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Kitchener
Locker
Owned
Exposure
North
Balcony
Enclosed
Listing Brokerage
CORCORAN HORIZON REALTY
Description

Unit 1708 at 741 King Street W is a great option for anyone looking to enjoy modern condo living in a super convenient Kitchener location. Thisbright one-bedroom unit features high ceilings, large windows, and an open layout that brings in plenty of natural light throughout the day. Thekitchen is well laid out with built-in appliances and everything you need for day-to-day living. The living area feels open and comfortable, withdirect access to the balcony-also accessible from the bedroom-creating a seamless indoor-outdoor flow and the perfect spot to relax, enjoyyour morning coffee, or take in the city views from the 17th floor. The bathroom has been nicely updated with a tiled walk-in shower, and in-suitelaundry adds everyday convenience. The bedroom offers a comfortable retreat with large windows and plenty of natural light. The building offersa solid range of amenities, including a business centre with Wi-Fi, visitor parking, saunas, a party room, and BBQ areas. You're just steps fromthe Kitchener GO Station and LRT, making it easy to get around. Plus, you're within walking distance to hospitals, Google Waterloo, shops, cafés,and plenty of great restaurants-right in the heart of downtown Kitchener.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,205.61/mo

Includes CMHC insurance ($11,994)

$
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5%10%50%

5-yr fixed avg.

Principal: $386,910Interest: $262,779
Mortgage Amount$398,904
Total Interest$262,779
Est. Property Tax$305/mo
Total Cost$661,683

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

741 King Street Unit 1708, 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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$305
Insurance (est.)-$90
Net Cash Flow+$1,080

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

Fair Market Value

At $860/sqft, this property is priced in line with current Kitchener market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 85 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.

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 500 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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    741 King Street Unit 1708, Kitchener | $429,900 | Battaglia Team